BoE may raise interest rates to 2% in 3 years

Note: This section contains information in English only.
Source: Reuters
The benchmark interest rates in the United Kingdom is expected to raise to a level of 2% in a period of three years, according to a survey released by Reuters on Wednesday, as the survey results match expectations of the Bank of England. However, economists in the poll disagreed with the Bank's outlook for an increase in business investments by more than 10%.
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Fri, 14 Feb 2014 09:46:59 GMT

India's WPI falls notably in January

Inflation in India measured as wholesale price index recorded a steep decline at the beginning of 2014 missing preliminary estimated figures, a report revealed by the Ministry of Commerce and Industry showed on Friday. India's 'PI decreased from 6.16 recorded in December to a level of 5.05% in January, while it was forecast to fall to 5.6%.

Fri, 14 Feb 2014 09:46:38 GMT

German economy surges amid exports and investment

Economic advance in Germany, the largest economy of the Eurozone, jumped to 0.4% in October-December quarter of the previous year, growing from 0.3% in Q3. Analysts expected the same GDP rise as in July-September. The data showed a significant surge in capital investment and exports. At the same time, private consumption data was worse than predicted in Q4.

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