Friday, September 28, 2012

UK Consumer Confidence Rises, German Retail Sales Rebound Marginally, Japan Industrial Output Down 1.3%

From Tokyo we reporting, the latest economic data, Japan Industrial Output Down 1.3% In August, Industrial output in Japan declined a seasonally adjusted 1.3 percent on month in August, the Ministry of Economy, Trade and Industry said in Friday's preliminary reading

From British economic news, UK Consumer Confidence Rises In September, Confidence among British consumers increased in September to reach its highest level since June 2011, offering "some grounds for optimism" to the government, research firm GfK NOP said Friday

Latest German economic data, German Retail Sales Rebound Marginally In August, Retail sales in Germany recovered in August following a modest decline in the previous month, reviving expectations that private consumption, one of the main drivers of growth for Eurozone's largest economy, could steer the economy through the turbulence in the rest of the single-currency bloc

Eurozone latest update, Eurozone Inflation Rises Unexpectedly On Fuel Cost, Rising energy prices pushed Eurozone inflation unexpectedly higher in September, weighing on expectations for an interest rate cut. Inflation increased to a six-month high of 2.7 percent from 2.6 percent in August, the flash estimate from Eurostat showed Friday. The rate was forecast to slow to 2.4 percent. The final data for September is due on October 16

Meanwhile, U.S. Personal Income Rises Slightly Less Than Expected In August, While the Commerce Department released a report Friday morning showing that U.S. personal income increased by slightly less than expected in the month of August, personal spending still showed a notable increase that came in line with estimates

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