Economic News
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Economic confidence softens across the Eurozone
Thursday 29 Jun 2023
(Sharecast News) - Economic sentiment in the Eurozone has softened, a closely-watched survey showed on Thursday. Read More
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Spanish inflation dips below 2%
Thursday 29 Jun 2023
(Sharecast News) - Inflation in Spain eased to 1.9% last month, official data showed on Thursday, making it the first Eurozone country to see the rate drop below the European Central Bank's target of ... Read More
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UK households draw on savings at record rate
Thursday 29 Jun 2023
(Sharecast News) - UK households drew heavily on savings last month, official data showed on Thursday, as higher interest rates weighed on borrowing. Read More
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Ofwat approves £2.2bn of infrastrucutre investments
Tuesday 27 Jun 2023
(Sharecast News) - Ofwat finalised its decision to authorize 33 infrastructure schemes on Tuesday, amounting to a total investment of £2.2bn. Read More
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China economy set to grow faster in Q2, says Premier Li Qiang
Tuesday 27 Jun 2023
(Sharecast News) - China's economy was expected to grow faster in the second quarter than the first three months of the year, said Premier Li Qiang on Tuesday. Read More
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UK shop price inflation eases in June
Tuesday 27 Jun 2023
(Sharecast News) - UK shop price inflation eased in June, according to figures released on Tuesday by the British Retail Consortium and NielsenIQ. Read More
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German business sentiment deteriorates further in June - Ifo
Monday 26 Jun 2023
(Sharecast News) - German business sentiment deteriorated more than expected in June, according to a survey released on Monday by the Ifo Institute. Read More
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UK private sector growth falters in June
Friday 23 Jun 2023
(Sharecast News) - The rate of growth in the UK's private sector slowed in June, a closely-watched survey showed on Friday. Read More
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Warm weather boosts retail sales in May
Friday 23 Jun 2023
(Sharecast News) - UK retail sales unexpectedly rose in May, helped along by warmer weather, according to figures released on Friday by the Office for National Statistics. Read More
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UK consumer confidence continues to build
Friday 23 Jun 2023
(Sharecast News) - UK consumer confidence continued to push higher in June, a survey showed on Friday, despite the ongoing cost-of-living squeeze. Read More
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Bank of England chooses to surprise, hikes by 50bp
Thursday 22 Jun 2023
(Sharecast News) - The Bank of England went ahead and surprised financial markets with a half percentage point interest rate hike. Read More
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Swiss central bank ups interest rates, strikes hawkish tone
Thursday 22 Jun 2023
(Sharecast News) - The Swiss National Bank increased the cost of borrowing for the fifth time on Thursday, as it looked to get inflation under control. Read More
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Norges Bank hikes rates by 50 basis points
Thursday 22 Jun 2023
(Sharecast News) - Norway's central bank hiked interest rates on Thursday by 50 basis points 3.75% as it looks to tackle inflation. Read More
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UK factories see output soften in June - CBI
Wednesday 21 Jun 2023
(Sharecast News) - British manufacturers continued to see output volumes fall in June, an industry survey showed on Wednesday. Read More
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UK house prices nudge higher
Wednesday 21 Jun 2023
(Sharecast News) - UK house prices edged higher in April, official data showed on Wednesday, the first month-on-month increase since November. Read More
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Public sector borrowing more than doubles in May
Wednesday 21 Jun 2023
(Sharecast News) - Public sector borrowing was sharply higher last month, official data showed on Wednesday, on the back of increased benefit payments and the energy support scheme. Read More
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Berkeley Group FY profits rise but outlook cautious
Wednesday 21 Jun 2023
(Sharecast News) - Housebuilder Berkeley Group posted a 9.5% jump in full-year pre-tax profit on Wednesday but struck a cautious note over the outlook. Read More
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UK inflation unchanged in May at 8.7%; core inflation at 31-year high
Wednesday 21 Jun 2023
(Sharecast News) - UK consumer price inflation came in higher than expected in May, while core inflation hit a 31-year high, according to figures released on Wednesday by the Office for National Stati... Read More
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Grocery price inflation eases to slowest monthly rate this year - Kantar
Tuesday 20 Jun 2023
(Sharecast News) - Grocery price inflation has eased to its lowest monthly level this year, according to industry data released on Tuesday. Read More
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PBOC cuts two key lending rates
Tuesday 20 Jun 2023
(Sharecast News) - The People's Bank of China cut two key lending rates on Tuesday as it looks to bolster the economy. Read More
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