Japan's private consumptions grew the most during the last four months

Note: This section contains information in English only.
Source: Bloomberg
The Japan's retail sales are soaring, as the economy is overcoming the turmoil provoked by Shinzo Abe, who increased the sales tax in April. The data showed an increment of 2.7% in sales from September to August. Economists suppose the stronger sales, realised in the last four months, could provoke an additional rise in the levy at the end of the year.
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Tue, 28 Oct 2014 13:28:04 GMT

Euro dips against US Dollar after gains during early Asia session

The Euro reached its opening trade value against the U.S. Dollar, despite it gaining at the beginning of the Asian session. After the European markets opened, the Euro slid down to $1.2689, breaking the $1.2700 level. According to Peter Praet, the ECB council member, the bloc will likely avoid negative growth, while the IMF sees recession as a significant probability.

Mon, 27 Oct 2014 14:15:06 GMT

Europe affronts 'bad and ugly' deflation while U.S. gains from a 'positive' one

Deflation can entail positive and negative effects for a country. Economists expect Europe to face 'bad' deflation, as the bloc's growth is feeble, unemployment is significantly elevated and debt levels are increased. At the same time, the U.S. is expected to experience a positive impact of deflation, as the energy costs coming down push the economy forward.

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