Economic News
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Retail sales spark in June - ONS
Friday 21 Jul 2023
(Sharecast News) - UK retail sales pushed higher last month, official data showed on Friday, beating expectations. Read More
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UK consumer confidence slumps - GfK
Friday 21 Jul 2023
(Sharecast News) - Consumer confidence slumped in July, a closely-watched survey showed on Friday, as higher interest rates and prices hit home. Read More
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Supermarkets told to make pricing clearer
Thursday 20 Jul 2023
(Sharecast News) - The UK competition watchdog has told supermarkets to make their pricing clearer, to help struggling customers better find the best deals. Read More
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PBoC stands pat on interest rates, as expected
Thursday 20 Jul 2023
(Sharecast News) - The People's Bank of China maintained its benchmark lending rates on Thursday, consistent with expectations and its recent decision to hold policy rates earlier in the month. Read More
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UK house price growth eases in May - ONS
Wednesday 19 Jul 2023
(Sharecast News) - Growth in UK house prices slowed in May, according to data released on Wednesday. Read More
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UK consumer price inflation eases more than expected
Wednesday 19 Jul 2023
(Sharecast News) - UK consumer price inflation fell more than expected in June, according to figures released on Wednesday by the Office for National Statistics, easing pressure on the Bank of England... Read More
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UK grocery price inflation eases again
Tuesday 18 Jul 2023
(Sharecast News) - UK grocery price inflation eased again in the four weeks to 9 July, at the steepest rate since the March peak. Read More
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EU to probe Microsoft's bundling of Teams with Office
Monday 17 Jul 2023
(Sharecast News) - Microsoft will face an official antitrust investigation by the European Union (EU) next week, it was reported on Monday, making for the software giant's first such probe in Brussels... Read More
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House prices soften as rate rises bite
Monday 17 Jul 2023
(Sharecast News) - House prices ticked lower in July, a closely-watched industry survey showed on Monday, as higher borrowing costs hit home. Read More
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FTC probing OpenAI over consumer protection concerns
Thursday 13 Jul 2023
(Sharecast News) - The US Federal Trade Commission (FTC) has launched an investigation into artificial intelligence (AI) company OpenAI over allegations of violating consumer protection laws and jeopa... Read More
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US initial jobless claims unexpectedly fall
Thursday 13 Jul 2023
(Sharecast News) - The number of Americans filing for unemployment benefits unexpectedly fell last week, according to data released on Thursday by the Labor Department. Read More
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US producer prices ease in June
Thursday 13 Jul 2023
(Sharecast News) - Producer price inflation in the US eased more than expected in June, according to figures released on Thursday by the Bureau of Labor Statistics. Read More
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US producer prices ease in June
Thursday 13 Jul 2023
(Sharecast News) - Producer price inflation in the US eased more than expected in June, according to figures released on Thursday by the Bureau of Labor Statistics. Read More
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IEA trims global oil demand forecasts
Thursday 13 Jul 2023
(Sharecast News) - The International Energy Agency trimmed its forecasts for global oil demand on Thursday, on the back of "persistent" macroeconomic headwinds. Read More
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Eurozone industrial production ticks higher
Thursday 13 Jul 2023
(Sharecast News) - Industrial production across the Eurozone nudged higher in May, official data showed on Thursday. Read More
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UK housing market slows as interest rate rises bite
Thursday 13 Jul 2023
(Sharecast News) - The housing market saw a sharp downturn in June, a closely-watched survey showed on Thursday, with both house prices and buyer enquires falling sharply. Read More
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UK economy shrinks in May
Thursday 13 Jul 2023
(Sharecast News) - The UK's economy contracted in May, official data showed on Thursday, although the decline was not as steep as expected. Read More
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Bank of Canada hikes rates by 25 basis points
Wednesday 12 Jul 2023
(Sharecast News) - The Bank of Canada lifted interest rates on Wednesday by 25 basis points to 5% - the highest level in 22 years. Read More
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UK bank pass annual stress tests, says BoE
Wednesday 12 Jul 2023
(Sharecast News) - Eight major UK banks have passed annual capital stress tests and were well positioned to support households and businesses through a period of rising interest rates, the Bank of Eng... Read More
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German business sentiment deteriorates more than expected
Tuesday 11 Jul 2023
(Sharecast News) - German business sentiment deteriorated more than expected in July, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim. Read More
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