Showing posts with label Financial News. Show all posts
Showing posts with label Financial News. Show all posts

Thursday, December 10, 2009

Residential construction in Canada rose to 158.5 thousand in November

Housing starts in Canada rose in November to 158.5 thousand units. In October index stood at 157.4 thousand
As seen from the published figures, the situation in construction in Canada continued to improve in November. Despite the slight decrease in the construction of apartment buildings, a significant increase in private housing resulted in an overall growth rate.
The November index value was a record for the current year.

Index of industrial production has changed Britain for October

Index of industrial production of Great Britain has not changed for October in monthly terms, said National Statistical Office. However analysts have predicted an increase in rate of 0,5%. Recall that in the previous month, industrial output rose by 1,3%.
On an annual basis the industrial production index for October fell by 8,4% in the previous value of -10.8% and prognosis of -7,6%.
The volume of manufacturing output also remained unchanged in October. It should be noted that in September the index rose by 1,5%, and in October predicted a growth of 0,5%.
On an annual basis, the volume of production in manufacturing declined in October to 7.8% in the previous value of -9.8% and forecast at -7.2%.

Wednesday, December 9, 2009

Real volume of retail sales in Switzerland rose sharply in October

The index of retail sales in Switzerland rose to 3,1% in annual terms in October. The value index surpassed expectations of analysts, forecast an increase to 1,2%. The previous month, the annual index of retail sales of Switzerland was -2.1% (revised from -1.6%).
Recall that the index reflects the actual volume of sales at the retail level and characterizes the level of consumer spending and demand. Growth in retail sales is a positive factor for the development of national economy and leads to the growth rate of national currency.

Sentix indicator of investor confidence reached a 18-month high

Sentix investor confidence indicator for the euro zone was a negative 5.5 points in December of this year, compared with minus 7.0 points in November. It should be noted that the maximum value of the index over the past 18 months. Nevertheless, the index was below the projected level of -4.1 points.
Index assessment of current conditions rose for the reporting period from minus 24.2 points to minus 19.5 points. Sentix expectations indicator fell from 12.0 points to 9.5 points

Halifax: House prices in Britain are growing the fifth consecutive month

Prices for homes in the UK increased by 1,4% in November in monthly terms, said a British company, Halifax. Analysts predicted that the index for the period add 0.8%. It should be noted that the rate increases the fifth consecutive month. Recall that in October the British real estate prices rose by 1,1%.
In annual terms the price of British real estate declined by 1,6% in the previous value of -4.7% and -1.5% forecast.
The average price for housing amounted to 167 664 pounds in November compared with 154 490 pounds in October.