French economy slips into recession in Q1

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Source: RTT News
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.

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Wed, 15 May 2013 08:30:05 GMT

U.S. import prices decrease in line with projections

U.S. import prices matched economists' expectation in April, when they dropped by 0.5% on the month following a 0.2% decline recorded in March, the latest data published by Labor Department showed on Tuesday. According to data, the main impact had fuel import prices, which slipped 1.7% in April after falling by 0.6% in the previous month.

Wed, 15 May 2013 08:05:04 GMT

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

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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