United Kingdom inflation remained at 3% in January, the same level as in December, as reported by the Office for National Statistics, ONS. In November it was the six year high of 3.1% and most economists were expecting a small fall in the CPI to 2.9%.Add your comment!
After last week's global rout, Asian markets struggled to hold early gains with analysts warning of further volatility across trading markets.Add your comment!
Brazil’s unemployment rate fell in July to its lowest level this year, 6% from 6.2% in June, reported the National statistics office. Average real wages rose 4% from a year ago to 1.613 Real (999.50 dollars) a month.
Chinese premier Wen Jiabao has said that China can control inflation and maintain its robust growth. Writing in the Financial Times, Mr Wen said price rises will be firmly under control this year.