By: Harriet Green

I am City A.M.'s deputy business features editor. I look after the Entrepreneurs page, Alternative Finance and our Office Politics section. I also help out with the Forum, running our daily debate. I have a special interest in distributed ledger technology. Prior to working at City A.M., I ran a social enterprise.

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How sustainable is Japan’s surge in consumption?

November 29, 2013

In Tokyo, the prices of home durable goods rose in November for the first time in two decades, and at their fastest pace in 30 years. The data provide further bolstering to Abenomics – prime minister Shinzo Abe's answer to breathing life into an economy that's trying to overcome 15 years of deflation. Prices of [...]
Eurozone unemployment falls but jobs market is still weak

November 29, 2013

The euro area unemployment rate fell to 12.1 per cent in October, down from September's 12.2 per cent. In the EU28, the unemployment rate was at 10.9 per cent. From a year earlier, both rates have risen. In October 2012, euro area unemployment was 11.7 per cent and 10.7 per cent in the EU28. Among [...]
Italian inflation declines in November

November 29, 2013

Inflation data from Italy will do little to alleviate Eurozone deflation concerns. The Italian consumer price index fell 0.4 per cent in November, according to a flash estimate from Istat. Analysts has expected inflation of 0.2 per cent, from October's 0.1 per cent increase. Year-on-year, Italian inflation was 0.6 per cent in November, after expectations [...]
Eurozone inflation rises from October low

November 29, 2013

The Eurozone continues to see weak inflation, as the consumer price index rose 0.9 per cent in a Eurostat flash estimate for November. This beat expectations of a 0.8 per cent increase and October's low of 0.7 per cent. The rise is, however, well below the European Central Bank's target for inflation of just [...]
Italian unemployment still 12.5pc as youth unemployment hits record high

November 29, 2013

Italian unemployment has steadied at 12.5 per cent in October, in line with expectations. Istat, the country's statistics office, estimates that 22.4m people were employed in October 2013, with the employment rate at 55.5 per cent. The inactivity rate was 36.4 per cent. In the third quarter, the number of people employed was down 2.3 [...]
JD Sports shares climb as sales continue to rise

November 29, 2013

JD Sports saw a 5.8 per cent increase in like-for-like sales between August and November, it said in an interim statement this morning. Shares have risen over five per cent this morning, following the news. The sports retailer had reported the same rise in sales in the 26 weeks to 3 August. The board says [...]
Netherlands stripped of AAA S&P credit rating

November 29, 2013

Ratings agency Standard and Poor's (S&P) has cut its credit rating for the Netherlands by one notch to AA+, from the country's previous rating of AAA. S&P has cited weak growth as a reason for the downgrade and says it doesn't expect the Dutch economy to reach 2008 levels before 2017. Speaking to CNBC, finance [...]
Rio Tinto to suspend alumina production at Gove refinery

November 29, 2013

Mining giant Rio Tinto has said this morning that it is to suspend production at its Gove alumina refinery, as the current market environment means it's no longer a viable business. The news comes a day after the firm led the FTSE, having announced that it's to save $3bn on its iron ore ramp up. [...]
What you need to know before the open – 29/11

November 29, 2013

European markets saw another positive day yesterday, despite concerns over the strength of recovery in the euro area. The Dax continued to make record highs during trading. Data-wise, German retail sales missed expectations this morning, whilst UK house prices have climbed at their fastest rate for three years. French consumer spending fell 0.2 per cent in [...]
German spending slides on post-election uncertainty

November 29, 2013

Retail sales fell for the second month in a row in Germany, declining 0.8 per cent in October and missing expectations of a 0.5 per cent rise. September's decrease was revised from 0.4 per cent to 0.2 per cent. The latest numbers see a year-on-year decrease of 0.2 per cent, following expectations of a [...]

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By: Harriet Green

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