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British Consumer Confidence Drops As Households Worry About Debt
GfK survey shows first consecutive drop in month-on-month UK consumer confidence since 2011
European Markets Rise After German Politicians Agree to Form a Government
Chancellor Angela Merkel will be able to form a government by Christmas.
Bank of Japan to Continue Aggressive Monetary Stimulus as Growth Remains Moderate
Bank will continue its money market operations so that monetary base will increase at annual pace of about 60tn yen to 70tn yen.
British Pay Rises Slower Than Inflation at 2% for Third Quarter 2013
Incomes Data Services survey reveals manufacturers offered steepest rises of average 2.5%.
Is Another Bitcoin Bubble About to Burst as Value Soars Past $300?
Bitcoin's value passes $300, up from $150 a month ago, as fears of boom-and-bust are reignited among analysts.
UK Shop Prices Decline for Sixth Straight Month as Consumers Remain Reluctant to Spend
Despite better economic outlook, consumers are still reluctant, unwilling or unable to increase spend.
UK Economic Recovery Threatened by Energy Bill Hikes and Low Wages
Markit Household Index data shows higher energy bills and lower pay is eating into consumer spending
China Economic Growth Accelerates on 'Mini Stimulus'
GDP rose 7.8% on year in third quarter, up from 7.5% in the second quarter
India's Central Bank Eases Policy Rate on Rupee's Strength
RBI lowers rate at which banks borrow funds overnight from central bank.
US Productivity Growth Loses Steam as Living Standards Forecast to Crawl
Nonfarm labour productivity in second quarter up by mere 0.3%, says study.
Japan on Track to Achieve Inflation Target with August CPI at 5-Year High
Rising energy prices after shutdown of nuclear power plants boost inflation.
India's Central Bank Raises Benchmark Rate as Raghuram Rajan Shifts Focus to Inflation
India's inflation rose to 6-month high at 6.1% in August.
India Crisis: Wholesale Price Inflation Rises Again Adding to RBI Chief Raghuram Rajan's Worries
Wholesale price inflation rises for the third month to 6.1% in August, beating economists' expectations of 5.7%.
China April Housing Inflation Accelerates Despite Property Curbs
China's property tightening policies are not strictly enforced on the local level, feel analysts.
Eurozone Heads for Deeper Recession in 2013
All the largest eurozone economies except Germany are predicted to be in recession this year.
Japan's Industrial Output Rises 2.5% in December
Semiconductor industry and transport component manufacturers are major growth drivers on back of weakening yen.
German Consumer Confidence Set to Rebound in February, Says GfK
German economy is expected to rebound in 2013 boosted by a stable labour market and modest inflation.
Singapore Becomes Most Desired Home for Wealthy in Asia
Quality of life and political stability make Singapore most favoured destination.
China's Industrial Output and Retail Sales Show Higher Growth
Industrial production rises to 9.6 percent in October while retail sales increase to 14.5 percent.
Asian Markets Down as Chinese Consumer Prices Fall
Nikkei and KOSPI down 0.94 and 1 percent. Hang Seng and Shanghai indices slip0.54 and 0.10 percent
Nikkei and Hong Kong Gain While Other Major Asian Markets Fall
Nikkei 225 average and Hang Seng end 0.51 percent and 0.09 percent higher while KOSPI and Shanghai fall 0.40 per cent and 0.30 percent.
Chinese Consumer Inflation Declines to 1.9 Percent
Inflation rate eases mainly on account of drop in food prices.
Improved Chinese Export and Inflation Data Fails to Cheer Asian Markets
Shanghai Composite index down 0.40 percent, while Hang Seng slides 0.14. KOSPI 0.32 percent lower and Nikkei up 0.40 percent.
India Monsoon Failure Raises Spectre of Drought
June to September monsoon is critical for India as farmers plant most of their summer crops during this period.
UK Beer Consumption Down Despite Strong Sales during Euro-2012 and Diamond Jubilee
The marginal rise in beer duty revenues the government is achieving offset by a fall in income from jobs and other taxes.
Slowing China’s Industrial Output to Pressure Beijing to Ease Monetary Policy
The slowdown in the economic activity of China continued in April as the weakening external demand and domestic consumption hit the industrial activity in the world’s second largest economy to reach its lowest level since May 2009, showing evidence that decelerating growth in the country is to yet find the bottom.