Economic News
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UK house prices continue to fall - Rics
Thursday 13 Apr 2023
(Sharecast News) - UK house prices were expected to continue falling but property surveyors expect the market to stabilise over the next year as borrowing costs ease, according to data released on Thu... Read More
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PZ Cussons backs FY expectations as Q3 revenues rise
Thursday 13 Apr 2023
(Sharecast News) - Imperial Leather maker PZ Cussons backed its full-year expectations on Thursday as it posted a rise in third-quarter revenues as price increases underpinned margins. Read More
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German inflation confirmed easing in March
Thursday 13 Apr 2023
(Sharecast News) - German inflation continued to soften last month due to falling energy costs, with consumer prices rising by 7.4% on an annual basis, but lower than the 8.7% rate recorded in the fir... Read More
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UK economy stagnates in February
Thursday 13 Apr 2023
(Sharecast News) - The UK economy stagnated in February as strikes dented productivity, according to figures released on Thursday by the Office for National Statistics. Read More
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Bank of Canada leaves rates unchanged, lifts growth forecast
Wednesday 12 Apr 2023
(Sharecast News) - The Bank of Canada left interest rates unchanged at 4.50% on Wednesday, as expected, and upgraded its growth forecast for this year. Read More
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UK house sales back to pre-Covid levels - Rightmove
Wednesday 12 Apr 2023
(Sharecast News) - UK home sales in March have rebounded close to pre-Covid pandemic levels, driven by demand for flats and a recovery from the market slump last September caused by the disastrous min... Read More
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UK to remain worst-performing G7 economy - IMF
Tuesday 11 Apr 2023
(Sharecast News) - The UK economy will remain the worst-performing G7 economy this year, according to forecasts published by the International Monetary Fund on Tuesday. Read More
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CBI boss Tony Danker sacked after misconduct claims
Tuesday 11 Apr 2023
(Sharecast News) - Confederation of British Industry chief Tony Danker has been dismissed with immediate effect after allegations about his conduct at the influential lobby group. Read More
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Eurozone retail sales fall in February
Tuesday 11 Apr 2023
(Sharecast News) - Eurozone retail sales fell in February, in line with consensus expectations, according to figures released on Tuesday by Eurostat. Read More
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Eurozone investor sentiment improves more than expected in April
Tuesday 11 Apr 2023
(Sharecast News) - Investor sentiment in the eurozone improved more than expected in April, according to data released on Tuesday. Read More
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UK March retail sales rise 5.1%, but consumers feeling the squeeze - BRC
Tuesday 11 Apr 2023
(Sharecast News) - UK retail spending rose in March on an annual basis, boosted by spending for Mother's Day, although the cost-of-living crisis and wet weather kept consumers at home, according to th... Read More
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China consumer price inflation hits 18-month low
Tuesday 11 Apr 2023
(Sharecast News) - China's consumer price inflation hit the slowest pace in March since September 2021, according to data released on Tuesday by the National Bureau of Statistics. Read More
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UK retail footfall below pre-pandemic levels despite March hike
Friday 07 Apr 2023
(Sharecast News) - Retail footfall jumped last month, industry research showed on Friday, although it remains firmly below pre-pandemic levels. Read More
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Softer residential demand weighs on UK construction sector
Thursday 06 Apr 2023
(Sharecast News) - The UK construction sector slowed last month, a closely-watched survey showed on Thursday, as higher borrowing costs hit residential demand. Read More
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EZ construction PMI falls again in March on weak housing market
Thursday 06 Apr 2023
(Sharecast News) - Eurozone construction activity contracted for the eleventh consecutive month on the back of a weaker housing market, according to a widely read survey published on Thursday. Read More
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China's services sector grows again in March
Thursday 06 Apr 2023
(Sharecast News) - Activity in China's services sector grew at the fastest pace in two and a half years in March, according to data released on Thursday. Read More
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UK house prices rise 0.8% in March for third consecutive increase - Halifax
Thursday 06 Apr 2023
(Sharecast News) - UK house prices increased for a third consecutive month in a row in March, according to data released by mortgage lender Halifax on Thursday. Read More
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UK ministers suspend contact with CBI after sexual misconduct claims
Wednesday 05 Apr 2023
(Sharecast News) - The UK government has suspended meetings with the Confederation of British Industry, after allegations of sexual misconduct by staff at the business lobby group. Read More
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UK service sector grows again in March
Wednesday 05 Apr 2023
(Sharecast News) - Activity in the UK services sector grew for the second month in a row in March, according to a survey released on Wednesday. Read More
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UK car sales rise 18% in March - SMMT
Wednesday 05 Apr 2023
(Sharecast News) - UK car registrations grew for the eighth consecutive month in March, according to industry data released on Wednesday. Read More
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