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Contents contributed and discussions participated by Martina Minkova

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Martina Minkova

German inflation hits three-year low in March | Business News | DW.DE | 11.04.2014 - 0 views

www.dw.de/...a-17559975

shared by Martina Minkova on 15 Apr 14 - No Cached
  • German inflation hits three-year low in March
  • for the fourth consecutive month.
  • German inflation dropped
  • ...7 more annotations...
  • Prices for heating oil and car fuels, for example, had fallen 4.2 percent compared with March 2013, Destatis announced.
  • , the agency announced, caused by decreasing prices for oil-based products over the course of a mild winter.
  • This was the lowest inflation rate in Germany since August 2010
  • The rate contrasts sharply with the 2 percent inflation goal the ECB considers desirable with regard to price stability.
  • The phenomenon is called deflation and is bad for the economy as a whole as it stalls investment and job creation, leading to shrinking output.
  • Germany's
  • Institute for the Global Economy, however, have predicted a sharp rise in inflation for later this year.
Martina Minkova

BBC News - US Black Friday sales dip for first time in seven years - 1 views

www.bbc.co.uk/...business-25191657

shared by Martina Minkova on 03 Dec 13 - No Cached
  • Sales on the year's biggest shopping weekend dipped for the first time in seven years, according to the National Retail Federation.
  • Retailers blamed stagnant wages and economic uncertainty for keeping wallets shut, as they slashed prices to lure reluctant shoppers.
  • In total, the National Retail Federation estimates that US shoppers spent around $57.4bn this year, down 2.7% from $59.1bn last year.
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  • Cyber Monday solution?
  • But if US consumers are unwilling to part with their dollars, international brands may take comfort in the increasingly global nature of Black Friday.
  • One beacon of hope for nervous retailers is that US consumers have spent more on online shopping than ever before.
  • a statement
  • Cyber Monday became the biggest US online shopping day of the year in 2011
  • Shoppers in Russia, South Korea, China, Germany and Sweden were the biggest spenders.
Martina Minkova

BBC News - PC shipments to see 'most severe yearly fall on record' - 1 views

www.bbc.co.uk/...business-25196031

shared by Martina Minkova on 03 Dec 13 - No Cached
  • ents of personal computers (PCs) are expected to see their "most severe yearly contraction on record" in 2013, according to research firm International Data Corporation (IDC).
  • Global shipm
  • Global shipments of PCs have been hurt by the growing popularity of tablets and smartphones.
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  • One key growth area for PC sales has been emerging markets, but IDC said interest had been falling there and that shipments would likely decline into 2014.
  • Earlier this year, research firm Gartner said that a greater availability of inexpensive Android tablets was attracting first-time consumers in emerging markets and hurting PC sales.
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