South Africa retail sales rise, business confidence drops

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Source: RTT News
Retail sales in South Africa advanced in March rising by less than economists initially estimated as business sentiment in the country weakened in April, the latest data unveiled by the Statistics South Africa showed on Wednesday. According to the data, the South African retail sales jumped by 1% on an annual basis in March, while business confidence fell by 0.1 to 92.6 points in April.

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Wed, 14 May 2014 17:02:03 GMT

U.K. jobless rate at lowest since 2009

Unemployment rate in the United Kingdom dropped in the first three months of this year falling toward the weakest level in five years as the country's economy added more jobs in the Q1, the latest report unveiled by the Office for National Statistics revealed on Wednesday. The U.K. jobless rate slipped to 6.8% in the Q1, the least since 2009.

Wed, 14 May 2014 16:40:03 GMT

U.S. business inventories and sales both rise in March

U.S. business inventories advanced in March matching initial economists' projections, the Commerce Department showed in a report on Wednesday, while March business sales also gained according to the report. The country's business inventories surged by 0.4% in March after recording a 0.5% climb in February, whereas business sales jumped 1.1% in March.

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