German GDP expands less than forecast in Q1

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Source: RTT News
© Scanpix/FP
Gross domestic product in Germany accelerated on a slower-than-forecast pace in the first three months of 2013, a data revealed by the Federal Statistical Office showed on Wednesday. According to the data the country's GDP rose by 0.1% on a sequential basis on the Q1 compared to forecast 0.3% expansion, while in the Q4 it contracted 0.7%.

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Wed, 15 May 2013 10:42:05 GMT

Pound little changed before BoE report

The British Sterling snapped a four-day decrease against the U.S. Dollar before the Bank of England released its quarterly report tracking the level of inflation in the country and as unemployment report is forecast to show a decline in March-April period. The Pound was traded at $1.5211 at 7:44 a.m. in London falling to $1.5207 yesterday, the lowest level since

Wed, 15 May 2013 09:36:03 GMT

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