Australia's leading index slips in December

Note: This section contains information in English only.
Source: RTT News
A leading economic index in Australia dropped in the last month of 2013 suggesting that the performance of Australian economy may lose its momentum in 2014, the latest data revealed by Westpac and the Melbourne Institute showed on Wednesday.  The country's index of economic activity fell from 1.12% in November to 1.06% in December.

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Wed, 29 Jan 2014 10:07:04 GMT

South Korean industrial output rises in December

Industrial production in South Korea jumped in the last month of 2013 rising by more than economists initially expected, a report published by the Statistics Korea showed on Wednesday. According to the report, the country's industrial output rose on a monthly basis by 3.4% in December, while on an annual basis it advanced 2.6% from 0.8% in November.

Wed, 29 Jan 2014 09:45:06 GMT

U.S. consumer confidence rises in January

Consumer confidence in the world's largest economy improved in January rising for the second successive month and on a faster rate than economists originally expected, a report published by the Conference Board showed on Tuesday. According to the report, the U.S. consumer confidence index added from December's 77.5 to a level of 80.7 recorded in the following month.

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