Loonie falls as inflation remains low last month

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Source: Bloomberg
The Canadian Dollar weakened on Friday falling towards the lowest level in a three-year period after a government report showed that inflation in the country stayed below the Bank of Canada's target ranging between 1% and 3%. The so-called Loonie dropped 0.1$ to C$1.0676 per Greenback by 12:16 p.m. Toronto time following a slide to C$1.0738, the least since May 2010.

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Mon, 23 Dec 2013 10:30:11 GMT

Finnish producer prices decline in November

Producer price index in Finland continued to decrease in November of this year, as prices fell for a fourth month in a row. The pace of decline in November, however, remained on October's level at 0.9% on the annual basis. At the same time, it is worth pointing out that the PPI for products sold inside the country stayed flat

Mon, 23 Dec 2013 08:41:07 GMT

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