China consumer inflation eases adding reasons for monetary easing

Note: This section contains information in English only.
Source: Bloomberg
China's consumer inflation increased at its slowest pace during the last five years, adding to concerns over weakening domestic demand and stimulating policymakers for more monetary easing. The consumer price index climbed 0.8% from a year ago, below a forecast of 1% gain, while the producer price index slipped to 4.3%.
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Tue, 10 Feb 2015 21:33:05 GMT

Cable rose due to strong UK retail sales

The Sterling posted a strong increase against other major currencies after the release of the UK retail sales and manufacturing activity that advanced more than expected, pushing the Bank of England toward raising interest rates. The manufacturing output expanded 0.1% in December, following a 0.8% advancement a month earlier. Meanwhile, the Pound added 0.4% to 74.10 pence versus the Euro,

Tue, 10 Feb 2015 21:11:04 GMT

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