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UK: Retail Price Index up 0.4% in January

UK Retail Price Index rose 0.4% in January, down from the 0.5% increase registered the previous month, National Statistics revealed today. Market experts predicted a 0.5% fall.

On an annual basis UK Retail Price Index climbed 3.3%, after growing 3.1% and almost in line with the projected 3.2% increase.

Robust demand at Spanish debt auction

Spain sold 5.57 billion euros of debt on Tuesday, at similar yields on 6-month and 12-month bonds as those seen at the previous auction. The total demand of the auction reached 13.311 billion euros.
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