Economic News
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German exports fall by more than expected 2.8% in October
Friday 13 Dec 2024
(Sharecast News) - German exports in October fell by a more-than-expected 2.8% and imports dropped 0.1% month on month on a seasonally adjusted basis, according to official data published on Friday. Read More
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UK economy unexpectedly contracts in October
Friday 13 Dec 2024
(Sharecast News) - The UK economy unexpectedly contracted in October, according to data released on Friday by the Office for National Statistics. Read More
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UK consumer confidence ticks higher - GfK
Friday 13 Dec 2024
(Sharecast News) - UK consumer confidence nudged modestly higher in December, a long-running survey showed on Friday. Read More
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Global oil supply to 'comfortably' meet demand in 2025 - IEA
Thursday 12 Dec 2024
(Sharecast News) - Global oil supply is likely to "comfortably" meet demand next year, a leading energy body predicted on Thursday, even after Opec voted to delay planned output increases. Read More
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UK house prices continue to climb - RICS
Thursday 12 Dec 2024
(Sharecast News) - UK house prices climbed in November, industry research showed on Thursday, as the market continued to strengthen. Read More
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House prices set to rise in 2025 as cost of borrowing falls - Rightmove
Thursday 12 Dec 2024
(Sharecast News) - House prices are set to rise by 4% next year, according to an industry forecast published on Thursday, as mortgage rates fall and demand remains strong. Read More
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UK supermarket sales set to top £13bn in December
Tuesday 10 Dec 2024
(Sharecast News) - UK supermarket sales are set to surpass £13bn in December for the first time, according to fresh data from Kantar on Tuesday, as shoppers geared up for the Christmas season. Read More
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China exports/imports fall in November
Tuesday 10 Dec 2024
(Sharecast News) - Trade data from China showed a fall in exports and imports last month, in a worrying sign for policy makers ahead of threatened tariffs from the incoming administration of US Presid... Read More
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German inflation confirmed at 2.2% in November
Tuesday 10 Dec 2024
(Sharecast News) - German inflation was confirmed at 2.2% in November, the federal statistics office said on Tuesday. Read More
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UK labour market conditions continue to deteriorate in November
Monday 09 Dec 2024
(Sharecast News) - The KPMG and Recruitment and Employment Confederation's, UK Report on Jobs survey, compiled by S&P Global, pointed to a further deterioration of British labour market conditions dur... Read More
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Beijing commits to 'more proactive' stimulus measures
Monday 09 Dec 2024
(Sharecast News) - China's leadership committed to "more proactive" fiscal measures and a moderately looser monetary policy for 2025, it emerged overnight on Monday, in a bid to bolster domestic consu... Read More
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UK house prices hit record high in November - Halifax
Friday 06 Dec 2024
(Sharecast News) - UK house prices rose in November for the fifth month in a row to hit a record high of £298,083, according to figures released on Friday by Halifax. Read More
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UK construction PMI rises to 55.2 in November
Thursday 05 Dec 2024
(Sharecast News) - S&P Global's UK construction PMI rose to 55.2 in November, up from 54.3 in October and ahead of expectations for a reading of 53.4. Read More
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New orders slide in Eurozone construction sector - PMI
Thursday 05 Dec 2024
(Sharecast News) - The Eurozone's construction sector slowed in November, a closely-watched survey showed on Thursday, heaping more pressure on the bloc's faltering economy. Read More
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US private sector adds fewer jobs than expected in November - ADP
Wednesday 04 Dec 2024
(Sharecast News) - Private sector employment in the US rose less than expected in November, according to figures released on Wednesday by ADP. Read More
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UK service economy falters, outlook weakens - PMI
Wednesday 04 Dec 2024
(Sharecast News) - Business optimism across UK service providers sank to a two-year low in November, a closely-watched survey showed on Wednesday, on mounting concerns about higher costs. Read More
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BoE could cut rates four more times in 2025, says governor Bailey
Wednesday 04 Dec 2024
(Sharecast News) - The governor of the Bank of England has said that four more interest-rate cuts are on the cards for next year if the trajectory of the UK economy continues as expected. Read More
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BoE could cut rates four more times in 2025, says governor Bailey
Wednesday 04 Dec 2024
(Sharecast News) - The governor of the Bank of England has said that four more interest-rate cuts are on the cards for next year if the trajectory of the UK economy continues as expected. Read More
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SWR, c2c and Greater Anglia to be Labour's first renationalised train firms
Wednesday 04 Dec 2024
(Sharecast News) - The government has announced plans to bring train operators South Western Railway (SWR), c2c and Greater Anglia under public ownership next year, as the first parts of its sweeping ... Read More
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Faltering service sector weighs heavily on Eurozone
Wednesday 04 Dec 2024
(Sharecast News) - The Eurozone economy slipped into contraction in November, a closely-watched survey showed on Wednesday, after services output slumped. Read More
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