Economic News
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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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Eurozone economic recovery continues to gather pace
Wednesday 05 Apr 2023
(Sharecast News) - The economic recovery in the eurozone continued to gather pace in March, although the picture was mixed across countries, according to a survey released on Wednesday. Read More
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