Italy's inflation eases in February

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Source: RTT News
Inflation measure as harmonized price index in Italy weakened in February, a preliminary figures revealed by the statistical office Istat showed on Friday. According to the report, the country's harmonized index of consumer prices fell from 0.6% recorded in January to a level of 0.5% in the following month, while experts projected inflation to stay flat.

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Fri, 28 Feb 2014 15:03:25 GMT

German retail sales increase at fastest pace in 7 years in February

Retail sales in the Europe's largest economy increased in January rising at the fastest rate in a seven-year period reversing previous month's drop, a report published by the statistical office Destatis showed on Friday. According to the report, the country's retail sales increased by 2.5% in February, the strongest pace since 2007, while the figure was forecast to gain 1%.

Fri, 28 Feb 2014 15:17:12 GMT

Australia's dollar reverses its biggest monthly advance

It is projected that the Australian Dollar will end its biggest advance since September as the economy signals that the limited growth will decrease yields. Australia's currency advanced 2.4% this month, the largest gain among 10 major counterparts after Norway and New Zealand. The Aussie was little changed at 89.63 cents at 5:45 p.m. in Sydney, slipping from the level of 90.81 touched on Feb.

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