Sweden's retail sales rise in January

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Source: RTT News
Swedish retail sales advanced at the beginning of 2014 following a month of contraction, however the gain was slower than economists expected, the latest data published by the Statistics Sweden showed on Wednesday. The report revealed that Sweden retail sales gained 0.3% on a sequential basis in January following a drop by 0.7% in December.

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Wed, 26 Feb 2014 15:34:24 GMT

European shares lost as banks lead drops

European equities declined on Wednesday trading session falling from the highest level in a six-year period with Credit Suisse Group AG leading drops loosing 2%. The benchmark index Stoxx Europe 600 slipped 0.3% to 337.33 as of 12:51 London time, while the gauge has advanced by 4.6% so far this month, the largest jump in a month since July.

Wed, 26 Feb 2014 15:33:52 GMT

Italy's wages rise in January

Wage growth in Italy increased at the beginning of this year with the hourly wage of Italian employees rising by 1.4% on an annual basis in January, a report published by the statistical office Istat showed on Wednesday. The report also showed that Italy's agricultural sector wages added 3.4%, while industrial sector gained 2.1%.

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