smtp.ai: Sweden Nov Producer Prices Rise More Than Expected

Sweden Nov Producer Prices Rise More Than Expected

(RTTNews) - Swedish producer prices increased 2.2% in November from the previous year, Statistics Sweden reported Wednesday. The latest growth rate was larger than the expected 1.7% increase, but slightly below last month's 2.3% rise.

From October to November, producer prices moved up 0.8% in total and by 0.7% on the domestic market. Economists had expected only 0.3% increase for November. Both export and import prices increased by 1% on average.
Increased prices on the domestic market were mostly due to higher prices for electricity, which contributed to the total by 0.3 percentage points, data showed.

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Palasaca dijo...: Italian Consumer Morale Unexpectedly Strengthens In December
(RTTNews) - Italian consumer sentiment rose further in December, defying expectations for a decline, results of a survey showed Wednesday.
The consumer confidence indicator advanced to 109.1 from 108.5 in the previous month, the research institute ISAE said, rising for the fourth consecutive month. Economists had forecast the index reading to fall to 108.3. The index has returned to levels seen at the start of the year, the think-tank said.
The Italian economy expanded at a faster pace in the third quarter than initially estimated, statistical office Istat announced earlier this month. Gross domestic product climbed 0.3% sequentially, faster than the 0.2% growth estimated previously. However, growth slowed from 0.5%; 22 de diciembre de 2010 a las 15:25