Saturday, May 14, 2011

Quick Overview

  • Bank of Korea unexpectedly keept rates unchanged

  • The median home-sale price in the Las Vegas area in 2006 was $313,500; in 2010 it fell to $138,100.

  • Germany’s GDP grew 1.5% in Q1, compared with the previous quarter, when the growth stood at 0.4 % in rarely harsh winter weather.

  • For the first time since the last quarter of 2009, the Greek GDP grew in the first quarter of 2011 by 0.8%.

  • Consumer prices in the U.S. rose 0.4% in April, pushing inflation to its highest level in two and a half years.

  • French GDP grew 1% in Q1, the strongest expansion since the second quarter of 2006.

  • Eurozone economy would grow by 1.6 % this year, with downside risks to growth prevailing amid increased uncertainties, the European Commission said on Friday.

  • The Spanish economy grew by 0.3% in Q1

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