calendar>>July 19. 2011 Juch 100
Economic Depression in Japan, Spain
Pyongyang, July 19 (KCNA) -- Fast Retailing Co. of Japan Thursday quoted survey data as saying its group net profit in the first nine months from September last year fell 20.5 percent from a year earlier to 53.40 billion yen.

Spain recorded a 30.4 percent fall in house sales in the first quarter in 2011, compared with the same quarter in 2010, the country's National Institute of Statistics said on July 11.

Such sales fall is related to the decline of buying power of the inhabitants due to economic depression.

Copyright (C) KOREA NEWS SERVICE(KNS) All Rights Reserved.