Economic News
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China falls back into deflation as pork prices tumble
Thursday 09 Nov 2023
(Sharecast News) - China fell back into deflationary territory in October as pork prices slid, according to data released on Thursday by the National Bureau of Statistics. Read More
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Weakness persists across most European sectors in October
Tuesday 07 Nov 2023
(Sharecast News) - General demand weakness persisted across European sectors in October, with the latest S&P Global Europe sector purchasing managers' index (PMI) data indicating sluggish growth. Read More
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China's exports slide as imports unexpectedly jump
Tuesday 07 Nov 2023
(Sharecast News) - China saw a steeper-than-expected fall in exports last month, trade data showed on Tuesday, while imports surprised to the upside. Read More
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Reserve Bank of Australia ups interest rates
Tuesday 07 Nov 2023
(Sharecast News) - Australia's central bank lifted interest rates to a 12-year high on Tuesday, in response to persistent inflation. Read More
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UK house prices rise in October for first time since March - Halifax
Tuesday 07 Nov 2023
(Sharecast News) - UK house prices rose in October amid constrained supply, after six consecutive monthly falls, but demand remains weak overall, according to data released by Halifax on Tuesday. Read More
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UK retail sales growth slows as shoppers delay Christmas spend
Tuesday 07 Nov 2023
(Sharecast News) - UK retail sales growth slowed to an annual rate of 2.5% in October, according to figures released Tuesday by the British Retail Consortium and KPMG, as milder weather and deal-hunti... Read More
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British Steel confirms plans that could lead to 2,000 job losses
Monday 06 Nov 2023
(Sharecast News) - British Steel confirmed plans that unions warn could lead to the loss of 2,000 jobs in Scunthorpe on Monday afternoon. Read More
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Korean markets surge on reinstatement of short-selling ban
Monday 06 Nov 2023
(Sharecast News) - South Korean stocks surged on Monday in response to a reinstated ban on short-selling from financial authorities. Read More
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UK new car registrations up 14% in October
Monday 06 Nov 2023
(Sharecast News) - UK new car registrations rose roughly 14% in October, marking the 15th consecutive monthly increase as the automotive industry continues to recover from supply chain issues stemming... Read More
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Housebuilding weighs as UK construction output falls again
Monday 06 Nov 2023
(Sharecast News) - Output in the UK construction sector fell again in October, weighed down by weakness in housebuilding, according to a survey released on Monday. Read More
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US economy adds fewer jobs than expected in October
Friday 03 Nov 2023
(Sharecast News) - The US economy added fewer jobs than expected in October, according to data released on Friday by the Bureau of Labor Statistics. Read More
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CMA secures data commitments from Amazon and Meta
Friday 03 Nov 2023
(Sharecast News) - The Competition and Markets Authority announced on Friday that it has separately secured commitments from two major tech giants, Amazon and Meta Platforms, to promote fair competiti... Read More
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Retail footfall hit after Storm Babet batters high streets - BRC
Friday 03 Nov 2023
(Sharecast News) - Retail footfall fell sharply in October, industry data showed on Friday, as heavy rainfall across the UK kept shoppers at home. Read More
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Online sales surge as weather keeps people at home - BDO
Friday 03 Nov 2023
(Sharecast News) - Retail sales jumped last week, industry data showed on Friday, as a surge in online shopping offset lacklustre in-store demand. Read More
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UK service sector 'skirting with recession' - PMI
Friday 03 Nov 2023
(Sharecast News) - The UK service sector had a lacklustre October, a closely-watched survey showed on Friday, as cost of living pressures continued to weigh on demand. Read More
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German exports and imports both weaken in September
Friday 03 Nov 2023
(Sharecast News) - Fresh data on German trade released on Friday underscored the ongoing fragility faced by Europe's top economy, coming in worse than expected. Read More
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China services PMI picks up less than expected
Friday 03 Nov 2023
(Sharecast News) - Activity in China's services sector picked up less than expected in October, according to figures released on Friday. Read More
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US initial jobless claims rise
Thursday 02 Nov 2023
(Sharecast News) - The number of Americans filing for unemployment benefits rose last week, according to data released on Thursday by the Labor Department. Read More
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US initial jobless claims rise
Thursday 02 Nov 2023
(Sharecast News) - The number of Americans filing for unemployment benefits rose last week, according to data released on Thursday by the Labor Department. Read More
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Bank of England stands pat on interest rates
Thursday 02 Nov 2023
(Sharecast News) - The Bank of England stood pat on interest rates on Thursday, as widely expected. Read More
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