The GDT Price Index has fallen by 8.4 percent during the last GlobalDairy Trade auction on the 5th of August. More worrying the figure below reveals that the weighted average wining price has plummeted to 3,025 USD/MT (US dollars per mega tonne) from its record high of 5,042 USD/MT set in February this year.
The regions that experienced the highest growth between 2006 and 2013 were:
On the 17th October 2013 the United States of America Treasury estimates that it will no longer be able to sell bonds to raise money to pay for Federal Government expenses. This is the date that the US Treasury will have reached the debt limit imposed upon it by US politicians. Federal Government expenses include interest payments on already issued bonds, social payments, Federal employees’ wages and salaries, and payments for a myriad of other Federal programs.
The third quarter has seen a 7.8% growth in China, which has helped the Chinese economy to remain in a stable position, compared to the year before.
Labour market indicators