OECD grows slower in Q1

Note: This section contains information in English only.
Source: Reuters
Economic growth in the Organization for Economic Cooperation and development area eased in the first three months of this year compared to initial estimates, the latest report released by the organization showed on Tuesday. According to the report, the OECD GDP grew slower at the pace of 0.4% in the Q1 after rising by 0.5% in the Q4.

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Tue, 20 May 2014 15:45:04 GMT

U.K. inflation accelerates in April

Inflation in the United Kingdom measured as consumer price index expanded in April rising at a faster pace than economists initially expected, the latest data revealed by the Office for National Statistics showed on Tuesday. The country's consumer prices accelerated by 1.8% in April following a 1.6% advanced recorded in the prior month.

Tue, 20 May 2014 15:23:03 GMT

U.S. shares fall with S&P falling after recent rally

Wall Street shares opened lower on Tuesday trading session with the benchmark stock index snapping its two-day winning streak after companies reported earnings. The S&P 500 Index slipped 0.06% to 1,883.89, the Dow Jones industrial average dropped 0.05% to 16,502.87 and the Nasdaq Composite Index lost 0.09% to 4,122.28.

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