According to the results of the recent survey conducted by UBS, the level of consumer inflation increased in Switzerland in February 2016. At the same time, the recent KOF survey indicate the likelihood of a stronger Swiss economy in the near future.
Today the sector of renewable energy sources in Japan is going through a real boom and seems to keep rising further.
According to the Office for National Statistics, the U.K. retail sales showed a decline in February 2016. Nevertheless, the pace of this decline turned out to be lower than expected. To be more specific, the retail sales dropped only by 0,4% over the reporting period relative to the previous one. For the sake of comparison, January’s figures indicated a 2.3% increase relative to December 2015. In the meantime, analysts had anticipated an even bigger drop all the way down to 0.7%. With that being said, the forecast failed.
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