PPI in Spain gained more than expected

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Source: Forexpros

Instituto Nacional de Estadistica reported on Tuesday that Spanish producer price index climbed more than expected in August. PPI in Spain increased to 4.1% on a seasonally adjusted basis, whereas analysts expected that it would rise less and be equal to 2.6%. Spanish producer price index for a preceding month was 2.6%.

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Tue, 25 Sep 2012 10:35:23 GMT

Gold held steady on stimulus support

On Tuesday, prices for gold remained steady, consolidating above one-and-a-half-week low, which was reached during the previous session, as the demand for the metal was supported by central banks' stimulus measures. Spot prices were little changed and were equal to $1,765.10 per once at 06.51 a.m. London time, after hitting a 1-week low of $1,755.30 during the previous session.

Tue, 25 Sep 2012 10:46:24 GMT

Consumer confidence in Italy grew more than expected

Italian National Institute of Statistics reported on Tuesday that the confidence of Italian consumers increased more than it was expected in August. Italian consumer confidence grew to 86.2 from a preceding month's figure of 86.1, which was revised upwards from 86.0. Economists, however, predicted that the figure would be equal to 86.0.

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