Swiss inflation held steady in August

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Source: Forexpros

Swiss Federal Statistic Office reported on Wednesday that consumer price inflation remained unchanged in August, while it was expected that prices would witness a modest increase of 0.1%. Year over year, consumer prices in Switzerland fell by 0.5% at an annualized rate, which is more than an expected 0.4% decrease in August.

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Wed, 05 Sep 2012 13:18:28 GMT

Final services PMI for Eurozone revised down for August

Markit market research group reported on Wednesday that services PMI for Eurozone in August was revised down to 47.2, while the preliminary reading of the index was 47.5. Economists, however, expected that the index would remain unchanged. After the release of the data, the Euro was lower versus the U.S. dollar, being traded at 1.2522, which was a 0.36% loss.

Wed, 05 Sep 2012 12:51:29 GMT

Retail sales in Eurozone declined by 0.2% in July

On Wednesday, Eurostat reported that retail sales in Eurozone declined by 0.2% on a seasonally adjusted basis. The data is in compliance with expectations. The figure for June's retail sales was revised up from 0.1% and reached a 0.2% increase. After the release of the data, the Euro lost 0.43% versus the Greenback, and was traded at 1.2514.

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