Japan's economy may rise slower in 2014 fiscal year

Note: This section contains information in English only.
Source: RTT News
The performance of Japan's economy is forecast to rise at a slower rate in the following fiscal year to March 2015 mainly due to lowered impact from tax hikes planned in April 2014, a report revealed by the Ministry of Finance showed on Monday. The country's GDP is expected to advance 1.4% in 2014 fiscal year following a previous fiscal year's growth of 2.6%.

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Mon, 23 Dec 2013 12:05:04 GMT

Swiss consumption rises in November

Private consumption in Switzerland increased in the month of November after the Christmas trade season lifted business sentiment in the retail, however car registrations showed weaker figures preventing the increase from being steeper, UBS reported on Monday. The Swiss indicator of consumption added from 1.26 in October to 1.43 in the following month.

Mon, 23 Dec 2013 11:41:03 GMT

Germany's import prices drop 2.9% in November

Import prices in Europe's second largest economy dropped in November, however the rate of decline was lower than in the previous month and as initially forecast, a report published by the Federal Statistical Office unveiled on Monday. According to the report, Germany's import price index fell 2.9% on an annual basis after slipping 3% in the prior month.

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