American economy surges 3.6% in Q3

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Source: Bloomberg
The economic growth in the United States jumped to 3.6% in the July-September quarter of the current year, as the latest report showed a significant surge in inventories. They climbed 1.9% in the last quarter. At the same time, the consumer spending in the country declined. Economists forecasted the U.S. economy to add 3.1% in Q3, while the initial report saw a 2.8% increase.
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Thu, 05 Dec 2013 16:04:07 GMT

Inflation in Russia increases to 6.5%

The consumer price index in Russia surged in November of this year more than economists forecasted, as the indicator exceeds the government's target of 5-6% already for 15 months in a row. The inflation level in the country reached 6.5% in November versus 6.3% a month earlier. Moreover, the government officials said that the inflation will not succeed in falling

Thu, 05 Dec 2013 15:39:07 GMT

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