Tertiary index in Japan sank unexpectedly

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Source: Forexpros

On Monday, official data showed that the index of Japanese tertiary activity dropped unexpectedly in April. Ministry of Economy, Trade and Industry reported that the index decreased to -0.3%, from March's seasonally adjusted -0.6%. However, the economists had expected that the index would rise to 0.4%.

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Tue, 12 Jun 2012 14:04:00 GMT

RICS house price balance in the U.K. gained more than expected

On Monday, industry data showed that the British house price balance by RICS increased in May more than it was forecasted. Royal Institution of Chartered Surveyors reported that the index rose to -16%, from a seasonally adjusted -19% in April. Analysts had predicted that the index would witness a modest increase, reaching -18%.

Tue, 12 Jun 2012 13:34:39 GMT

Manufacturing production in the U.K. dropped 0.7% in April

The U.K. manufacturing production gauge dropped significantly more than it was expected. The U.K. Office for National Statistics reported that the index tumbled 0.7% in April, whereas analysts had expected a slight decline of 0.2%. In March manufacturing production index grew by 0.9%, however, this figure is unrevised yet.

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