Economic News
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China sets modest growth target for 2023
Monday 06 Mar 2023
(Sharecast News) - China is aiming for economic growth of just 5% this year, its lowest target for decades, as the country looks to restore economic stability. Read More
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ECB's Lane says rates to rise further after March increase
Monday 06 Mar 2023
(Sharecast News) - The European Central Bank's chief economist said on Monday that the Bank will likely need to increase borrowing costs further after next week's planned hike. Read More
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Construction sector rebounds as outlook strengthens
Monday 06 Mar 2023
(Sharecast News) - Business activity in the UK construction sector jumped last month, a closely-watched survey showed on Monday, beating expectations. Read More
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Eurozone economic sentiment unexpectedly deteriorates
Monday 06 Mar 2023
(Sharecast News) - Investor sentiment in the eurozone unexpectedly deteriorated in March, according to data released on Monday. Read More
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Contraction in eurozone construction sector eases in February
Monday 06 Mar 2023
(Sharecast News) - The downturn in the eurozone construction sector eased a little in February, according to a survey released on Monday. Read More
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UK car sales surge in typically quiet month
Monday 06 Mar 2023
(Sharecast News) - UK car sales surged in February as train fares rose at the steepest annual clip in more than a decade. Read More
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UAE said to consider leaving Opec, oil prices slide
Friday 03 Mar 2023
(Sharecast News) - Oil prices slid on Friday following a report that the United Arab Emirates is considering leaving the Opec cartel of oil producing countries. Read More
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Energy price guarantee to remain for another three months - report
Friday 03 Mar 2023
(Sharecast News) - Chancellor Jeremy Hunt is reportedly set to extend the government's £2,500 energy price guarantee for a further three months. Read More
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UK service sector returns to growth in February
Friday 03 Mar 2023
(Sharecast News) - The UK's service sector returned to growth in February as business activity expanded at the fastest pace since June 2022, according to a survey released on Friday. Read More
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Eurozone economy expands at fastest pace since June 2022
Friday 03 Mar 2023
(Sharecast News) - The eurozone economy expanded in February at its fastest pace since June 2022, according to a survey released on Friday. Read More
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German January exports rebound from Dec fall with 2.1% rise
Friday 03 Mar 2023
(Sharecast News) - German exports rose by more than expected in January, recording a 2.1% rise and rebounding from a sharp drop in the prior month, according to official data released on Friday. Read More
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China services sector grows more than expected - Caixin
Friday 03 Mar 2023
(Sharecast News) - Activity in China's services sector picked up more than expected in February amid a recovery in demand, according to a survey released on Friday. Read More
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Growth in retail footfall slows - BRC
Friday 03 Mar 2023
(Sharecast News) - Retail footfall growth softened in February, industry data published on Friday showed, as shoppers tightened their belts after Christmas and the January sales. Read More
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Growth in retail footfall slows - BRC
Friday 03 Mar 2023
(Sharecast News) - Retail footfall growth softened in February, industry data published on Friday showed, as shoppers tightened their belts after Christmas and the January sales. Read More
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Eurozone inflation eases less than expected in February
Thursday 02 Mar 2023
(Sharecast News) - Eurozone inflation eased less than expected in February, according to preliminary data released by Eurostat on Thursday. Read More
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Half-term helps boost retail footfall in February
Thursday 02 Mar 2023
(Sharecast News) - Retail footfall jumped in February, industry data showed on Thursday, boosted by the half-term school holiday. Read More
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German inflation ticks higher in February
Wednesday 01 Mar 2023
(Sharecast News) - Germany inflation unexpectedly ticked higher in February as food prices rose, according to data released on Wednesday by Destatis. Read More
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Mortgage approvals continue to slide
Wednesday 01 Mar 2023
(Sharecast News) - The number of mortgage approvals fell sharply in January, official data showed on Wednesday, as higher mortgage rates weighed on demand. Read More
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UK house prices fall 1.1% in February - Nationwide
Wednesday 01 Mar 2023
(Sharecast News) - UK house prices fell by 1.1% year-on-year in February, the first annual decline since June 2020, mortgage lender Nationwide said on Wednesday. Read More
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Eurozone manufacturing output returns to growth
Wednesday 01 Mar 2023
(Sharecast News) - The Eurozone's manufacturing sector strengthened in February, a closely-watched survey showed on Wednesday, as supplier bottlenecks eased. Read More
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