Economic News
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US jobless claims rise more than expected
Thursday 11 May 2023
(Sharecast News) - The number of Americans filing for unemployment benefits rose more than expected last week, according to data released on Thursday by the Labor Department. Read More
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US producer prices rise at slowest pace since January 2021
Thursday 11 May 2023
(Sharecast News) - US producer prices rose at their slowest pace in April since January 2021, according to data released on Thursday by the Bureau of Labor Statistics. Read More
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Bank of England ups interest rates
Thursday 11 May 2023
(Sharecast News) - The Bank of England upped interest rates on Thursday to 4.5%, the highest level since 2008, as it looked to tackle stubbornly high inflation. Read More
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UK housing market sees demand soften - RICS
Thursday 11 May 2023
(Sharecast News) - House prices fell less sharply last month, an industry survey showed on Thursday, although higher borrowing costs and an uncertain economic outlook continued to hamper demand. Read More
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German inflation nudges lower in April
Wednesday 10 May 2023
(Sharecast News) - German inflation edged lower in April, official data confirmed on Wednesday, although high food prices kept it from falling further. Read More
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UK retail sales strengthen in April
Tuesday 09 May 2023
(Sharecast News) - Retail sales pushed higher in April, industry research showed on Tuesday, although shoppers took home fewer items as inflation continued to bite. Read More
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UK house prices fall in April after three months of growth
Tuesday 09 May 2023
(Sharecast News) - UK house prices fell in April after three consecutive months of growth, according to data released by Halifax on Tuesday. Read More
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China April export growth slows, imports fall in mixed data
Tuesday 09 May 2023
(Sharecast News) - China reported better-than-expected exports in April, although growth slowed, while imports fell again, according to data released on Tuesday. Read More
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US non-farm payrolls beat expectations in April
Friday 05 May 2023
(Sharecast News) - The US economy created more jobs than expected last month, according to figures released on Friday by the Bureau of Labor Statistics. Read More
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CBI hires ethics consultancy ahead of members meeting
Friday 05 May 2023
(Sharecast News) - The Confederation of British Industry (CBI) has appointed business ethics consultancy Principia Advisory to assist in a review of its culture, according to a report from Sky News. Read More
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UK housebuilding activity falls at fastest rate in nearly two years
Friday 05 May 2023
(Sharecast News) - Activity in UK housebuilding sector fell at its fastest rate in April since May 2020, according to a survey released on Friday, although broader construction activity rose. Read More
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First-time home buyers paying £200 more per month - Rightmove
Friday 05 May 2023
(Sharecast News) - First-time home buyers are paying nearly £200 more per month on their mortgages, industry research showed on Friday, after rates soared. Read More
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German factory orders tumble
Friday 05 May 2023
(Sharecast News) - German factory orders plunged in March, official data showed on Friday, missing expectations and reversing previous gains. Read More
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China's services sector grows a little less than expected in April
Friday 05 May 2023
(Sharecast News) - Growth in China's services sector was a little weaker than expected in April, according to figures released on Friday. Read More
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Retail footfall tracks higher in April - BRC
Friday 05 May 2023
(Sharecast News) - Footfall jumped on UK high streets last month, industry data showed on Friday, despite the ongoing cost-of-living crisis and record inflation. Read More
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UK competition watchdog launches AI probe
Thursday 04 May 2023
(Sharecast News) - The UK competition watchdog has launched a wide-ranging review of artificial intelligence, it was announced on Thursday. Read More
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UK car registrations inch closer to pre-pandemic levels in April
Thursday 04 May 2023
(Sharecast News) - The UK new car market showed continued growth in April, marking the ninth successive month of expansion, according to the Society of Motor Manufacturers and Traders (SMMT). Read More
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Mortgage approvals surge in March - Bank of England
Thursday 04 May 2023
(Sharecast News) - Mortgage approvals jumped in March, official data showed on Thursday, indicating that the UK housing market was starting to stabilise. Read More
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UK service sector sees strongest growth in a year
Thursday 04 May 2023
(Sharecast News) - The UK service sector saw its fastest growth in a year in April, according to a survey released on Thursday. Read More
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German exports fall sharply in March
Thursday 04 May 2023
(Sharecast News) - German exports and imports fell by more than expected in March, official data showed on Thursday. Read More
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