U.K. unemployment declines almost to BoE target

Note: This section contains information in English only.
Source: Bloomberg
The average unemployment rate in the United Kingdom unexpectedly declined in September-October period to 7.1%, almost reaching the Bank of England's target rate of 7%, when the BoE is going to start reducing stimulus. In three months to October the jobless rate was 7.4%. At the same time, the total number of claims for unemployment benefits dropped 24,000, less than analysts predicted.
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Wed, 22 Jan 2014 11:53:03 GMT

U.K. public sector borrowing declines in December

U.K. public sector continues to decrease the borrowing, with the December data showing the borrowing is dropping more than expected, as the economy recovers after crisis. Totally, the government borrowed 10.4 billion pounds versus 15.1 billion in November. Economists forecasted the December borrowing at 12.3 billion pounds. The country's public debt hit the 75.7% of GDP mark.

Wed, 22 Jan 2014 11:31:03 GMT

Australian inflation rises above RBA midpoint

The Index for consumer prices in Australia surprisingly inched up December of the previous year with the annual inflation reaching 2.7% versus a 2.4% forecast. The current RBA's target stands between 2% and 3%. On a monthly basis, the CPI rose 0.8%, decreasing from November's data. There was a significant increase in fruit and vegetable price, while fuel prices dropped

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