U.K. house prices growth ease in February

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Source: RTT News
House prices in the United Kingdom continued to grow in February, however the pace of increased was lower than in the month before and reaching the lowest level in six months, a report revealed by the RICS showed on Thursday. According to the report, the U.K. house prices growth eased from 53 points to 45 in February, while it was seen to slow down to 52.

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Thu, 13 Mar 2014 07:23:18 GMT

Eurozone's manufacturing sector on recovery path: HIS Global Insight

Manufacturing sector in the 18-nation bloc continued to recover, according to the HIS Global Insight Chief European and UK Economists Howard Archer, pointing on the last economic data showing that the sector remains strong. However, the statistical office Eurostat reported that industrial production in Eurozone slipped 0.2% on a monthly basis in January following a 0.4% drop in December.

Thu, 13 Mar 2014 07:22:54 GMT

ECB may keep rates at current level or lower: Praet

The European Central Bank will likely to keep its benchmark interest rates at current level or lower on signs that the euro-area gross domestic product is struggling despite signs of an improvement, Peter Praet from the bank's Executive Board said on Wednesday. He also added that the two percent inflation target is not achieved.

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