French GDP stagnates in January-March quarter

Note: This section contains information in English only.
Source: Bloomberg
Economic expansion in the Fifth Republic turned to be neutral in the first quarter of the current year, while economists expected the GDP to add 0.1%-0.4%, depending on different surveys. Consumer spending dropped 0.5% amid budget cuts and tax rises, as invesment slipped 0.9%. At the same time, the government of France keeps the target of economic growth for 2014 at the 1% level.
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Thu, 15 May 2014 10:25:03 GMT

Italian economy posts decline in first quarter

Italian GDP dropped unexpectedly in the January-March quarter of this year, the flash estimate data showed on Thursday. Economy plummeted 0.1% quarter-on-quarter after a 0.1% increase in October-December. Investors, however, waited for a slight 0.2% economic advance. On the annual basis, economy decreased 0.5%, slowing from a 0.9% plunge a quarter before.

Wed, 14 May 2014 18:08:03 GMT

Swiss investors' sentiment improves in May

Investors' sentiment in Switzerland advanced modestly in May together with the economic development index signaled a stable outlook for the near future, a report released by the Center for European Economics Research unveiled on Wednesday. According to the report, the Swiss investors' confidence index added by 0.4% to 7.4 points in May.

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