Economic News
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China services sector expands in December
Monday 06 Jan 2025
(Sharecast News) - Activity in China's services sector grew in December at the fastest rate in seven months amid a jump in domestic demand, although foreign orders fell, according to a survey released... Read More
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UK retail footfall slumps as festive shopping season disappoints
Friday 03 Jan 2025
(Sharecast News) - Retail footfall in the UK slumped during the so-called Golden Quarter, capping a "disappointing year" for the bricks-and-mortar stores, according to the British Retail Consortium. Read More
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Tesla reports first-ever fall in annual deliveries
Thursday 02 Jan 2025
(Sharecast News) - Tesla reported a decline in annual deliveries for the first time in its history on Thursday, delivering 1.79 million vehicles in 2024 compared to 1.81 million in 2023. Read More
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UK manufacturing sector contracts with more pain ahead for producers
Thursday 02 Jan 2025
(Sharecast News) - Activity in the UK manufacturing sector contracted more than previously thought in December, according to revised estimates from S&P Global on Thursday, as output, new orders and em... Read More
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UK house prices rise, but stamp duty changes cloud outlook
Thursday 02 Jan 2025
(Sharecast News) - UK house prices inched closer to record highs in December, according to Nationwide, though the market is likely to see increased volatility over the next few months ahead of the int... Read More
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Japan factory activity contracts more slowly in December
Monday 30 Dec 2024
(Sharecast News) - Japan's factory activity contracted at a slower pace in December, suggesting the sector could be moving closer to stabilising after months of declines. Read More
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South Korean factory output falls further than anticipated
Monday 30 Dec 2024
(Sharecast News) - South Korea's factory output contracted more sharply than anticipated in November, reflecting mounting challenges from slowing exports and waning business confidence. Read More
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Inflation in Tokyo accelerates in December
Friday 27 Dec 2024
(Sharecast News) - Inflation in Tokyo accelerated in December, with core consumer prices rising 2.4% year-on-year, slightly below market expectations of 2.5%, according to government data released on ... Read More
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China industrial profits decline more slowly in November
Friday 27 Dec 2024
(Sharecast News) - China's industrial profits declined by 7.3% in November compared to a year earlier, a significant improvement from the 10% drop recorded in October, according to fresh data released... Read More
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More retailers in 'critical financial distress'
Friday 27 Dec 2024
(Sharecast News) - The number of UK retailers facing "critical" financial problems rose more than 25% in the last three months, according to data released earlier by restructuring firm Begbies Traynor... Read More
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Private sector outlook at lowest in over two years, CBI says
Monday 23 Dec 2024
(Sharecast News) - Private sector firms in the UK expect activity to fall in the first quarter of 2025, with expectations at their weakest levels in more than two years. Read More
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UK economy stagnates in third quarter
Monday 23 Dec 2024
(Sharecast News) - The UK economy stagnated in the third quarter of the year, according to figures released on Monday by the Office for National Statistics. Read More
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No cheer for retailers ahead of Christmas, says CBI
Friday 20 Dec 2024
(Sharecast News) - UK retailers were struggling to find any cheer in the run up to Christmas as sales fell amid worries over rising costs next year, according to the Confederation of British Industry. Read More
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UK retail sales rise less than expected in November
Friday 20 Dec 2024
(Sharecast News) - UK retail sales missed expectations in November, but borrowing figures came in better than expected, according to data released on Friday by the Office for National Statistics. Read More
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Bank of England leaves interest rates unchanged
Thursday 19 Dec 2024
(Sharecast News) - The Bank of England left interest rates on hold at 4.75% on Thursday, in a move widely expected following a recent uptick in inflation. Read More
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Norges Bank leaves rates on hold at 4.50%, signals March rate cut
Thursday 19 Dec 2024
(Sharecast News) - Norway's central bank kept interest rates on hold on Thursday at a 16-year high of 4.50%, as widely expected. Read More
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FCA extends deadline for firms to respond to motor finance complaints
Thursday 19 Dec 2024
(Sharecast News) - The Financial Conduct Authority (FCA) extended the deadline for firms to respond to complaints, it announced on Thursday, related to motor finance agreements without discretionary c... Read More
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Factory output falls at fastest rate since mid-2020 - CBI
Wednesday 18 Dec 2024
(Sharecast News) - Output volumes in the manufacturing sector fell in the quarter to December at the fastest pace since mid-2020, according to the latest Industrial Trends survey from the Confederatio... Read More
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Halifax forecasts 'modest' house price growth in 2025
Wednesday 18 Dec 2024
(Sharecast News) - UK house prices are set to grow "modestly" in 2025, Halifax said on Wednesday, following a better-than-expected performance over the last 12 months. Read More
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UK house prices push higher while rents rocket - ONS
Wednesday 18 Dec 2024
(Sharecast News) - UK house prices sparked in October, government data showed on Wednesday, as the market continued to strengthen, while average rents surged by more than 9%. Read More
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