Eurozone's consumer sentiment hits 7-year high

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Source: RTT News
Consumer sentiment in the euro-area improved in May rising by more than economists originally expected and hitting the highest level in a seven-year period, the latest report unveiled by the European Commission showed yesterday. The Eurozone's consumer confidence index jumped from -8.6 points in April to a level of -7.1 in May.

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Thu, 22 May 2014 10:28:06 GMT

Eurozone's private sector gains in May

Private sector in the euro-area grew at a stable pace in May recording its best three-month period in three years, a report published by the Markit Economics showed on Thursday. According to the report, the Eurozone's purchasing managers' index for both service and manufacturing sector posted 53.9 points in May, slightly down from April's score of 54 points.

Thu, 22 May 2014 10:06:06 GMT

New Zealand's inflation expectations increase: RBNZ

New Zealand's inflation expectations increased marginally, according to a survey released by the Reserve Bank of New Zealand, with the index measuring expectations rising from 2.03% to a level of 2.08%. The survey also showed that respondents forecast the country's growth to post 0.9% in the Q2, staying unchanged from the prior quarter. 

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