German construction sector rises in 2013

Note: This section contains information in English only.
Source: RTT News
Construction sector in the Europe's largest economy improved last year as the sector received more orders than in the previous year, the latest data revealed by the Federal Statistical Office showed on Monday. According to the report, the German building industry orders added 1.9% in 2013 as the construction demand advanced 2.2% and civil engineering orders gained 1.7%.

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Mon, 24 Feb 2014 08:29:36 GMT

Residential prices in major China's cities rise slower in January

Property prices in the world's second largest economy advanced at the beginning of 2014, however the pace of increase was lower than recorded in December 2013, a report revealed by the National Bureau of Statistics showed on Monday. The country's residential property average prices gained 14.7% in Beijing and 17.5% in Shanghai.

Mon, 24 Feb 2014 08:23:11 GMT

European equities fall before business confidence data in Germany

European shares declined on Monday session after the benchmark stock index advanced towards the highest level in six years before a data showed that business confidence in the Europe's largest economy slowed and as property prices in China fell. Euro Stoxx 50 Index with settlement in March slipped 0.3% to 3,125 as of 7:10 London time.

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