German PPI drops 0.5% in December

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Source: RTT News
Inflation measured as producer price index in the Europe's largest economy declined in December falling for the fifth successive month, a report published by the statistical office Destatis showed on Monday. According to the report, German PPI fell 0.5% on an annual basis in December after dropping 0.8% in the month before, while it was projected to slide 0.6%.

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Mon, 20 Jan 2014 10:38:04 GMT

Growth in Chinese manufacturing slows in December

Manufacturing production in China continued to advance considerably in December of the last year, however, the pace of increase slowed from November's data. The output rose 9.7% in December on the annual basis, comparing with a 10% jump a month ago. Moreover, the biggest advance in production was posted by the automotive industry, where the output expanded 14.9%.

Mon, 20 Jan 2014 10:16:19 GMT

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