Euro Zone's jobless rate attained 10.4% last month

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Source: BBC
Euro Zone's unemployment approached a new record in December, reported the Eurostat. The unemployment rate in the region jumped to 10.4% in December, after hitting 10.3% in November. About 16.5 million individuals were unemployed while the highest jobless rate of 22.9% was in Spain and the lowest rate of 4.1% was in Austria.

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Wed, 01 Feb 2012 08:42:38 GMT

Chicago PMI fell to 60.2 in January

US manufacturing activity grew less than expected last month, reported the Institute for Supply Management. Its barometer index fell from 62.2 to 60.2 in January. Experts questioned by Bloomberg predicted the Chicago PMI to advance to 63 in January. Despite decrease in the PMI, reading above 50 indicates expansion.

Wed, 01 Feb 2012 12:18:41 GMT

Australian home prices decline more than predicted

Australia's housing prices fell in 2011, making the biggest annual drop since 2002. The gauge estimating prices in eight biggest cities slipped 4.8% compared to previous year. Prices edged down 1% on quarterly basis. Sharp drop in prices might be associated with uncertainty about global economy and its possible effect on property market, suggest analysts. 

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