Canadian building permits added 1.7% in September

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Source: Bloomberg
Building permits in Canada advanced 1.7% in September of this year to $6.26 billion, while the data was much lower than the majority of economists expected. The median forecast stood at a 6% growth after a revised 20% decline a month earlier. Moreover, the non-residential building permits decreased slightly by 0.8%, while residential permits surged as much as 3.3% from August.
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Wed, 06 Nov 2013 15:05:06 GMT

Service industry in Spain continued to decline

Spanish services industry reported a continuation of decline in activity, while the benchmark PMI Index, which measures the activity in this particular sector of the country's economy, increased to 49.6 points in October of 2013 from 49 points in the previous month. At the same time, the index still remains below the 50 points mark, the reading above which would

Wed, 06 Nov 2013 15:27:06 GMT

German factory orders jumped unexpectedly in September

German factory orders gained 3.3% in September, exceeding significantly the analysts' expectations of only 0.5% advance, following the 0.3% fall in August, the Federal Ministry of Economics and Technology data revealed on Wednesday. The October‘s Purchasing Managers' Index remained above 50 and advanced to 51.7 points, 0.2 points higher than estimated, while the services PMI declined to 52.9 in October,

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