Economic News
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New Zealand central bank hikes rates by 50 basis points
Wednesday 05 Apr 2023
(Sharecast News) - New Zealand's central bank announced a bigger-than-expected rate hike on Wednesday. Read More
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German factory orders rise by surprise 4.8% in February
Wednesday 05 Apr 2023
(Sharecast News) - German factory orders surged by a surprising 4.8% in February against a 0.5% rise in the prior month, according to official data released on Wednesday. Read More
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CBI pauses external events amid sexual misconduct allegations
Tuesday 04 Apr 2023
(Sharecast News) - The Confederation of British Industry said on Tuesday that it has temporarily paused its external programme of events, following fresh allegations of sexual misconduct. Read More
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Falling energy costs drive down eurozone producer prices
Tuesday 04 Apr 2023
(Sharecast News) - Eurozone industrial producer prices fell by more than expected in February, official data showed on Tuesday. Read More
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German imports, exports edge ahead in Feb; Trade surplus steady
Tuesday 04 Apr 2023
(Sharecast News) - Germany's trade surplus was unchanged in February compared with the previous month, with exports and imports both rising slightly, according to official data released on Tuesday. Read More
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Eurozone manufacturing activity falls to four-month low
Monday 03 Apr 2023
(Sharecast News) - Eurozone manufacturing activity fell to a four-month low in March, according to data released on Monday. Read More
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German watchdog hands EY two-year ban - report
Monday 03 Apr 2023
(Sharecast News) - EY has been banned from taking on listed companies as new audit clients in Germany for two years, it was reported on Monday. Read More
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UK manufacturing output eases on subdued demand
Monday 03 Apr 2023
(Sharecast News) - The UK's manufacturing sector faltered last month, a closely-watched survey showed on Monday, as demand softened. Read More
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Oil prices spike following shock Opec cut
Monday 03 Apr 2023
(Sharecast News) - Oil prices surged on Monday after a surprise decision by Opec+ nations to voluntarily cut production. Read More
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Ofwat set to approve £1.6bn worth of water investment schemes
Monday 03 Apr 2023
(Sharecast News) - UK water regulator Ofwat proposed approving 31 investment schemes on Monday, saying they would benefit both customers and the environment. Read More
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China manufacturing shows surprise fall in March
Monday 03 Apr 2023
(Sharecast News) - China's manufacturing activity unexpectedly eased in March, according to the private Caixin survey released on Monday. Read More
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High Court upholds sale of collapsed Bulb to Octopus Energy
Friday 31 Mar 2023
(Sharecast News) - The UK government's decision to sell failed energy firm Bulb to Octopus Energy was upheld by the High Court on Friday, after challenges were brought by Centrica's British Gas, E.ON,... Read More
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UK Q4 GDP revised up, recession avoided
Friday 31 Mar 2023
(Sharecast News) - The UK economy grew a touch in the final quarter of last year, according to figures released on Friday by the Office for National Statistics, meaning a recession was avoided in the ... Read More
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Inchcape to buy Mercedes-Benz Indonesian business with local partner
Friday 31 Mar 2023
(Sharecast News) - Inchcape said on Friday that it has agreed to buy Mercedes-Benz's Indonesian business with its local partner, Indomobil, for an undisclosed sum. Read More
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Eurozone inflation eases in March as energy prices fall
Friday 31 Mar 2023
(Sharecast News) - Eurozone inflation eased more than expected in March as energy prices fell, but underlying inflation edged up, according to a flash estimate released on Friday by Eurostat. Read More
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UK business confidence highest since May 2022 - Lloyds Bank
Friday 31 Mar 2023
(Sharecast News) - UK business confidence rose in March to its best level since May 2022, while pricing expectations cooled, according to the latest Lloyds Bank Business Barometer. Read More
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German retail sales register unexpected fall in February
Friday 31 Mar 2023
(Sharecast News) - German retail sales fell unexpectedly in February by 1.3% in real terms compared to the previous month, according to official data released on Friday. Read More
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UK house prices fall at fastest annual pace since July 2009
Friday 31 Mar 2023
(Sharecast News) - UK house prices fell in March at the fastest annual pace since July 2009, according to figures released on Friday by Nationwide. Read More
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China's economic recovery continues in March
Friday 31 Mar 2023
(Sharecast News) - The latest official PMIs out of China on Friday indicated that the country's economic recovery continued in March. Read More
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US fourth-quarter GDP revised down
Thursday 30 Mar 2023
(Sharecast News) - The US economy grew a touch less than previously estimated in the fourth quarter, according to data released on Thursday by the government. Read More
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