U.K. inflation rate rises to 14-month high of 2.9% in June

Note: This section contains information in English only.
Source: WBPonline
© Scanpix\Reuters
The yearly rate of Consumer Price Index rose from 2.7% in May to 2.9% in June, less than expected, mainly on the higher prices of clothing, motor fuels and footwear. On a monthly basis, the CPI rate declined 0.2%, while the annual core CPI measure rose 2.3%, overshooting expectations. The Bank of England awaits the inflation rate to continue adding to reach the highest level in 2013 of about 3.1%.
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Tue, 16 Jul 2013 10:40:17 GMT

German ZEW economic sentiment declines to 36.3

German widely expected ZEW economic sentiment index decreased unexpectedly in July, stirring further worries surrounding the recession-hit Euro block region. The ZEW indicator retreated by 2.2 points and reached 36.3, after adding 2.1 points to 38.5 in June, damping analyst forecast of rally to 40.0 in July.

Tue, 16 Jul 2013 10:18:08 GMT

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