Economic News
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UK shop price inflation slows to 23-month low in February
Tuesday 27 Feb 2024
(Sharecast News) - Shop price inflation in the UK fell to its lowest level in 23 months in February, according to the British Retail Consortium-NielsenIQ Shop Price Index released on Tuesday. Read More
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Business sentiment in Germany strengthens slightly
Friday 23 Feb 2024
(Sharecast News) - Investor sentiment brightened modestly in Germany this month, a closely-watched survey showed on Friday, despite the economy continuing to falter. Read More
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Energy bills to fall as Ofgem trims price cap
Friday 23 Feb 2024
(Sharecast News) - The cap on gas and electricity charges will fall from April, the energy regulator confirmed on Friday, cutting most household bills. Read More
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German economy shrinks by 0.3% in Q4, as expected
Friday 23 Feb 2024
(Sharecast News) - The German economy contracted by 0.3% on the quarter in the fourth quarter, according to data released on Friday by Destatis, in line with the initial estimate and consensus. Read More
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UK consumer confidence eases in February - GfK
Friday 23 Feb 2024
(Sharecast News) - Consumer confidence faltered in February, a closely-watched survey showed on Friday, as concerns about the economy continued to weigh heavily. Read More
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UK private-sector activity hits nine-month high
Thursday 22 Feb 2024
(Sharecast News) - Private-sector activity in the UK picked up to a nine-month high in February as solid service-sector growth made up for continued weakness in manufacturing. Read More
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Eurozone inflation edges lower in January
Thursday 22 Feb 2024
(Sharecast News) - Eurozone inflation edged lower last month, official data showed on Thursday, as widely expected. Read More
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Eurozone activity downturn easing as services recover - PMI
Thursday 22 Feb 2024
(Sharecast News) - The downturn in the eurozone services sector showed signs of easing, although manufacturing was still in the doldrums, according to a widely-watched survey published on Thursday. Read More
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Germany slashes growth forecasts for 2024
Wednesday 21 Feb 2024
(Sharecast News) - Germany sharply lowered its economic forecasts on Wednesday, in response to faltering global demand and growing geopolitical uncertainty. Read More
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UK manufacturing conditions still 'challenging' - CBI
Wednesday 21 Feb 2024
(Sharecast News) - The UK manufacturing sector continued to falter this month, industry research showed on Wednesday, although order books showed signs of improvement. Read More
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UK borrowing surplus hits record high
Wednesday 21 Feb 2024
(Sharecast News) - The UK notched up a record monthly borrowing surplus in January, official data showed on Wednesday, despite it narrowly missing forecasts. Read More
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CMA launches market study into supply of infant formula
Tuesday 20 Feb 2024
(Sharecast News) - Watchdog the Competition and Markets Authority has launched a market study into the supply of infant formula in the UK, after first looking into the market back in November 2023. Read More
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PBoC trims five-year loan prime rate more than expected
Tuesday 20 Feb 2024
(Sharecast News) - Rate-setters in China took decisive steps to bolster its property market on Tuesday, by implementing the first cut in its benchmark five-year loan prime rate since June. Read More
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Restructure could see Esken lose control of Southend Airport
Monday 19 Feb 2024
(Sharecast News) - The company formerly known as Stobart Group could give up control of London's least-busy commercial airport, it emerged on Monday, as part of a possible restructuring with creditors... Read More
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UK house prices push higher - Rightmove
Monday 19 Feb 2024
(Sharecast News) - House prices strengthened in February, industry data showed on Monday, as mortgage rates continued to fall. Read More
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UK retail sales rally in January, beat expectations
Friday 16 Feb 2024
(Sharecast News) - UK retail sales rebounded sharply in January, official data showed on Friday, reversing December's slide. Read More
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European Commission trims growth forecasts
Thursday 15 Feb 2024
(Sharecast News) - Brussels downgraded growth forecasts for the Eurozone on Thursday, as higher interest rates continue to weigh heavily. Read More
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UK falls into technical recession - ONS
Thursday 15 Feb 2024
(Sharecast News) - The UK fell into recession at the end of 2023, official data showed on Thursday, after a bigger-than-expected contraction in GDP in the fourth quarter. Read More
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UK house prices ease in December - ONS
Wednesday 14 Feb 2024
(Sharecast News) - UK house prices fell in December, official data showed on Wednesday, although the rate of decline slowed notably. Read More
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Eurozone avoids technical recession as flat Q4 GDP reading confirmed
Wednesday 14 Feb 2024
(Sharecast News) - The eurozone managed to avoid a technical recession in the final three months of last year as the bloc's stagnant GDP data was confirmed. Read More
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