Italy's current account surplus grows in October

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Source: RTT News
Current account balance in Italy came in surplus in October rising on an annual basis from 4.022 billion euros in October 2012 to 1.444 billion euros this year, a report published by the Bank of Italy unveiled on Wednesday. The report also showed that Italy's merchandise trade surplus in October grew from 2.955 billion euros to 4.374 billion euros.

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Wed, 18 Dec 2013 17:09:31 GMT

Canadian wholesale trade surges in October

The Canadian wholesale trade data advanced 1.4% to $50.5 billion in October, thus exceeding the analysts expectations. The growth in wholesale trade was boosted by the surge in machinery and supplies sector which surged 5.6%, the largest monthly gain since September 2003. Significant gains in sales was also for computer and communication equipment which jumped 6.6%. 

Wed, 18 Dec 2013 17:53:04 GMT

U.S. housing starts notably advance in November

Housing starts in the world's largest economy climbed substantially in November beating economists' expectations and reaching the highest figure since February 2008, a report released by the Commerce Department showed on Wednesday. According to the report, U.S. housing starts advanced 22.7% totalling 1.091 million from October's level of 889,000.

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