Australia's new motor vehicle sales fall 1.3% in April

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Source: RTT News
Motor vehicle sales in Australia declined in April largely due to a notable 9.3% decrease in sales in Tasmania, a 7.7% fall recorded by Queensland and a 6.4% slip in Australian Capital Territory, the Australia Bureau of Statistics reported on Wednesday. The total number of new motor vehicle sales fell 1.6% on a monthly basis in April standing at 93,423.

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Wed, 15 May 2013 08:19:05 GMT

French economy slips into recession in Q1

Performance of French economy remained unchanged in the first three month of 2013 from the quarter before as the country fell into recession, a report released by the statistical office Insee revealed on Wednesday. France's gross domestic product dropped 0.2% on a sequential basis in the Q1 following a 0.2% contraction recorded in the Q4.

Wed, 15 May 2013 07:54:05 GMT

OECD leading indicator rises more in March

The composite leading index of the Organization for Economic Cooperation and Development area grew further in March suggesting that the growth is gaining momentum, a report released by the OECD showed on Wednesday. The composite leading index advanced by 0.1% on a monthly basis to 100.5 in March after it jumped by 0.12% in February and January.

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