Money supply accelerates in Switzerland

Note: This section contains information in English only.
Source: RTTNews
The Swiss National Bank reported on Monday that the country's money supply increase accelerated for the second consecutive month. Year-over-year, M3 money supply grew at a rate of 9.9%, compared to an increase of 9.8% in February. M2 added 10.7% compared to a growth of 10.4% in the preceding month.
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Mon, 22 Apr 2013 13:57:03 GMT

Retail sales in Denmark declined last month

Statistics Denmark revealed on Monday that Danish retail sales decreased last March, which was mainly due to slump in clothing turnover. Month-over-month, retail sales declined by 0.5%, compared to a growth of 0.4% in the preceding month. Sales of clothes lost 2.7%, sales of other consumer goods fell by 0.6%, while sales of food increased by 0.1%.

Mon, 22 Apr 2013 12:07:03 GMT

European stocks climbed amid Italian president election and BOJ stimulus

European stocks advanced, recovering from the biggest drop in five months, after Italy elected new president and the G-20 stopped opposing stimulus policies of the Bank of Japan. Moreover, Asian shares and U.S. index futures accelerated. The Stoxx Europe 600 Index rose 0.8% to 287.57, Italy's FTSE MIB Index gained 2.3%, while Standard & Poor's 500 Index contracts climbed 0.5%

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