Economic News
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Eurozone retail sales push higher
Tuesday 07 May 2024
(Sharecast News) - Eurozone retail sales pushed higher in March, official data showed on Tuesday, beating expectations. Read More
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Eurozone construction sector struggles as new orders fall
Tuesday 07 May 2024
(Sharecast News) - The eurozone construction sector remains in decline at the start of the second quarter of the year after a sharp fall in new orders, with Germany, Italy and France the major contrib... Read More
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UK new car registrations rise for 21st month in a row
Tuesday 07 May 2024
(Sharecast News) - UK new car sales rose for the 21st month in a row in April, according to the Society of Motor Manufacturers and Traders, driven by increased demand for fleet vehicles. Read More
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UK construction sector expands at fastest pace in more than a year
Tuesday 07 May 2024
(Sharecast News) - The UK construction sector expanded in April at its fastest pace in more than a year, according to a survey released on Tuesday. Read More
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House prices return to growth in April - Halifax
Tuesday 07 May 2024
(Sharecast News) - UK house prices returned to growth in April, with the housing market "finding its feet in an era of higher interest rates", according to data released on Tuesday by Halifax. Read More
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UK April retail sales hit by wet weather, early Easter - BRC
Tuesday 07 May 2024
(Sharecast News) - UK total retail sales fell 4% year on year in the April as wet spring weather deterred shoppers, despite businesses offering hefty discounts in an attempt to entice customers into s... Read More
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Norway holds rates steady as expected
Friday 03 May 2024
(Sharecast News) - Norway's central bank kept interest rates on hold at 4.50% on Friday, in line with expectations, adding that a tight monetary policy stance may be necessary longer than planned to c... Read More
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UK service sector output grows at fastest pace since May 2023
Friday 03 May 2024
(Sharecast News) - UK service sector output grew in April at its fastest pace since May 2023, according to a survey released on Friday. Read More
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CMA set for deeper probe of Pennon's SES acquisition
Friday 03 May 2024
(Sharecast News) - Pennon Group worked to assure the market that its acquisition of Sutton and East Surrey Water (SES Water) would avoid a deeper competition probe on Friday, telling shareholders that... Read More
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UK retail footfall falls sharply in April
Friday 03 May 2024
(Sharecast News) - Retail footfall fell sharply in April, industry data showed on Friday, hit by poor weather and the early timing of Easter. Read More
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German manufacturing downturn eases slightly - PMI
Thursday 02 May 2024
(Sharecast News) - The downturn in Germany's hard-pressed manufacturing sector eased marginally last month, a closely-watched survey showed on Thursday, although it remained in contraction. Read More
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UK economic growth to remain 'sluggish' - OECD
Thursday 02 May 2024
(Sharecast News) - UK growth is set to remain sluggish this year, a leading economic organisation forecast on Thursday, weighed down by restrictive monetary policy. Read More
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US private sector employment rises more than expected - ADP
Wednesday 01 May 2024
(Sharecast News) - Private sector employment in the US rose more than expected April, according to figures released on Wednesday by the ADP. Read More
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UK manufacturing sector shrinks - PMI
Wednesday 01 May 2024
(Sharecast News) - The UK manufacturing sector shrank last month, a closely-watched survey showed on Wednesday, as supply chain disruption hit home. Read More
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UK house prices fall again in April - Nationwide
Wednesday 01 May 2024
(Sharecast News) - UK house prices unexpectedly fell in April for the second month in a row, as borrowing rates went up, according to figures released on Wednesday by Nationwide. Read More
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German economy avoids recession, labour market resilient
Tuesday 30 Apr 2024
(Sharecast News) - The German economy avoided recession in the first quarter of the year, with modest 0.2% growth reported on Tuesday, surpassing analysts' expectations. Read More
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UK mortgage approvals hit 18-month high - BoE
Tuesday 30 Apr 2024
(Sharecast News) - Mortgage approvals continued to rise in March, official data released on Tuesday showed, to reach an 18-month high. Read More
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China's manufacturing sector gathers pace in April
Tuesday 30 Apr 2024
(Sharecast News) - China's manufacturing sector continued to strengthen in April, closely-watched data published on Tuesday showed. Read More
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German retail sales post unexpected 1.8% rise in March
Tuesday 30 Apr 2024
(Sharecast News) - German retail sales posted a higher-than-expected by 1.8% rise in March compared with the previous month, according to official data published on Tuesday. Read More
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UK shop price inflation drops to 28-month low
Tuesday 30 Apr 2024
(Sharecast News) - Price increases at UK tills fell to their lowest since the end of 2021 in April, according to figures released on Tuesday by the British Retail Consortium and NielsenIQ, as food inf... Read More
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