German business confidence surges in February

Note: This section contains information in English only.
Source: The Wall Street Journal
Business confidence in Germany remains very optimistic about their future perspectives, the data from Ifo Institute showed on Monday. The appropriate Ifo Index jumped to 111.3 points in February from 110.6 a month ago, remaining unrevised. At the same time, analysts predicted the index to rise slightly. The indicator is calculated by surveying 7,000 biggest German companies.
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Mon, 24 Feb 2014 11:31:28 GMT

Eurozone's CPI remains unchanged in January

The consumer price index in the Eurozone remained unchanged in January of the current year, staying significantly below the ECB target level of 2%. Inflation stayed at 0.8% on the annual basis, the same as a month before. Due to increasing deflationary pressure, the ECB may probably loosen the monetary policy further and provide additional stimulus, as expected by economists.

Mon, 24 Feb 2014 08:29:36 GMT

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