UK price index declines record eurozone industrial output increases

In Monday, on the eve of Goldman Sachs ' annual report, analysts were raising the stock rating to "buy".　　Stocks in the U.S. stock market followed by the buying of financial stocks, the Dow eventually closed up 2.3%, to 8,332 points, creating the largest single day of the June 1 gain. Asian stock markets rebounded strongly in Tuesday as the Hang Seng index surged 3.66% in Hong Kong, China's Taiwan stock market rose 1.66%, Australian stocks surged 3.5%, Japanese stocks rose 2.3%, South Korea's stock market rocked higher, 0.54% up to 10 o'clock last evening, European stocks opened early in Tuesday.　　London's FTSE index rose 0.63%, France's CAC Index fell 0.58%, Germany's Frankfurt Dax index rose 0.82%. The deputy governor of the Bank of England, Bean, said 13th there is reason to believe the economy will resume growth in 2010.　　But the World Trade Organization Director-General Lamy warned on the day that the global economic downturn was far from over and that many countries had not yet lifted trade protection measures taken by the economic crisis. On the same day, U.S. Treasury Secretary Timothy Geithner met with British Prime Minister Gordon Brown and Chancellor Darling in London on his way to the Middle East. He said after the meeting that despite the many economic measures taken by countries, the world economy still faces "serious risks and challenges". Mr Darling also pointed out that the world economy still faces many uncertainties.　　The UK economy will resume growth by the end of this year.　　Deflation: According to official figures released in Tuesday, the consumer price index in June fell below the central bank's medium-term target for the first time in 21 months from a year earlier, while the June Retail Price Index (RPI) hit its biggest drop since 1948.　　Recovery: The euro zone's May industrial output rose 0.5% from April, the first increase since August 2008, the largest monthly increase since April 2008, according to data released by Eurostat in Tuesday. Fiscal deficit: The U.S. Treasury's Monday monthly budget report said that as of June, America's fiscal deficits had topped $1 trillion trillion this year, with a fiscal deficit of $285.85 billion trillion.