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THE ECONOMY.(TO THE POINT)

Investor's Business Daily

| October 01, 2004 | COPYRIGHT 2004 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Euro zone's inflation rate eases

The region's consumer price index dropped to 2.2% in Sept. from 2.3% in Aug., Eurostat said. Also Thursday, the EU's index consumer confidence in the euro zone improved to -13 in Sept. from -14 in Aug. Its business confidence index dropped to 0.48 in Sept. from 0.51 in Aug. in part due to weaker export orders from the region's businesses.

** The Conference Board's index of the volume of help wanted ads stood at 37 in Aug., the same level as in July and as in Aug. '03. The index is based on a monthly survey of 51 U.S. newspapers.

** M2 money supply rose $29.6 bil to $6.336 tril in the week ended Sept. 20. Meanwhile, M3 grew $44.1 bil to $9.3176 tril and M1 climbed $27.5 bil to $1.3506 tril.

French confidence is improving

Insee's index of French consumer confidence improved to its highest level in two years, rising to -17 in Sept. from -23 in July. The subindex, which gauges how likely people think unemployment will rise, fell to 41 in Sept. from 57 two months earlier. The index measuring ...

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