Australian labour market improves in September

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/FP
Unemployment rate in Australia surprisingly dropped in September of 2013, while the total number of people in work increased for the first time in three months. Jobless rate reached 5.6% against 5.8% a month earlier, while employment added 9,100. Economists say that a decrease of the official Central bank rate was a right decision, which has already started bringing first positive results.
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Thu, 10 Oct 2013 14:58:06 GMT

Bank of England left monetary policy unchanged

The Bank of England has kept its monetary policy unchanged after the meeting on Thursday. The regulator will continue to buy 375 billion pounds of assets, while the official rate was kept at 0.5%. BoE officials say that there will be no monetary policy changes until the unemployment rate declines to 7%. Recently, the IMF has upgraded growth outlook for

Thu, 10 Oct 2013 14:36:08 GMT

French manufacturing increases in August

Manufacturing production in France jumped 0.2% in August of this year, while during the two previous months the production decreased. Meanwhile, economists expected the output to add 0.6%. Analysts say that the rebound in manufacturing sector of the country was caused by a rise in automotive industry, which recovered in August after a significant drop of 19.5% in July.

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