Economic News
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Eurozone economy stagnates in Q4
Wednesday 08 Mar 2023
(Sharecast News) - The eurozone economy stagnated in the final quarter of last year, according to data released on Wednesday by Eurostat. Read More
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BoE's Mann warns on risk of 'greedflation' as firms exploit price rises to hold margins
Tuesday 07 Mar 2023
(Sharecast News) - Bank of England policymaker Catherine Mann on Tuesday said she was concerned UK companies could be using the cost of living crisis to hide price increases, known as "greedflation". Read More
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BoE's Mann warns sterling could fall further
Tuesday 07 Mar 2023
(Sharecast News) - Bank of England policymaker Catherine Mann cautioned on Tuesday that sterling could weaken further if investors have not yet fully priced in hawkish comments from the US Federal Res... Read More
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German factory orders make surprise 1% jump in January
Tuesday 07 Mar 2023
(Sharecast News) - German January factory orders recorded a surprise 1% increase, driven by aircraft orders, official data revealed on Tuesday. Read More
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UK house prices rise in February as mortgage rates decline
Tuesday 07 Mar 2023
(Sharecast News) - UK house prices rose in February as mortgage rates fell and consumer confidence improved, according to the latest data released on Tuesday by Halifax. Read More
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Valentine's Day helps boost retail sales - BRC
Tuesday 07 Mar 2023
(Sharecast News) - Retail sales sparked in February, industry research showed on Tuesday, as consumers splashed out on Valentine's Day presents. Read More
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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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