Service sector contraction slows in January

February 4th, 2009

The U.S. service sector shrank in January, but less severely than expected, according to a report released on Wednesday.
The Institute for Supply Management said its non-manufacturing index came in at 42.9 in January compared with 40.1 in December.
The level of 50 separates expansion from contraction. The index dates back to July 1997.
Economists had expected […]

Filed under: money, online by Finance Boss
Comments Off

Indonesia Inflation Slows, Exports Plunge; Rate Cut May Follow

February 2nd, 2009

Indonesia’s inflation slowed to a nine-month low and exports fell the most in seven years, prompting speculation that the central bank will cut interest rates this week.
Consumer prices rose 9.2 percent in January from a year earlier, after gaining 11.1 percent in the previous month, the Central Statistics Bureau said in Jakarta today. […]

Filed under: online by Finance Boss
Comments Off

« Previous Page