Seasonal factors pushed London home prices down

Note: This section contains information in English only.
Source: Bloomberg
Property prices in London declined 5% in November of this year, while the government support program did not stop the seasonal home sales' decrease. According to Rightmove Plc. data, housing prices in London dropped to the average of 517,276 pounds. In November, in turn, prices surged 10%. At the same time, the average prices across Wales and England lost 2.4% in November.
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Mon, 18 Nov 2013 08:38:15 GMT

Thailand economy to grow slower amid lack of investment

Thailand officials have cut the outlook for economic growth in 2013, while exports and investment declined. Moreover, the economic expansion in the July-September quarter did not match economists' forecasts, increasing 2.7% versus a 3% prediction. Now, the government expects the economy to advance 3% this year, while the previous forecast estimated the growth of 3.8-4.3%.

Fri, 15 Nov 2013 10:33:08 GMT

Italy trade surplus decreases against expectations

The trade surplus of Italy unexpectedly dropped to 794 million euro in September of the current year from 1.07 billion a month earlier, while analysts expected the positive trade balance to extend to 1.63 billion euro. However, the surplus surged from 131 million euro in September of the previous year. On the annual basis, exports jumped 2% versus 5.4% drop

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