News And Announcements
UK consumer confidence weakens as Covid-19 outbreak spreads
UK consumer confidence has weakened since the outbreak of Covid-19, a widely-followed survey published on Tuesday showed, and is predicted to worsen still as the full impact of lockdown hits home.
Chicago PMI declines less than expected in March
Economic activity in the Chicago area deteriorated less than expected in March, according to figures released on Tuesday.
Covid-19 could leave 24m in poverty, warns World Bank
The economic impact of the Covid-19 pandemic could leave 24 million people trapped in poverty in East Asia and the Pacific (EAP), the World Bank warned on Tuesday.
Treasury to borrow record £45bn for Covid-19 measures
The Treasury will seek to borrow a record £45bn in April to help fund the government's support for the economy during the Covid-19 crisis.
Supermarket sales soar as consumers stockpile household essentials
Sales across British supermarkets hit record levels in the last four weeks, industry data published on Tuesday showed, as shoppers rushing to stock up on food and other household staples spent an extra £1. 9bn at the tills.
German unemployment rate steady in March
The number of people out of work in Germany rose a little in March, according to figures released by Destatis on Tuesday.
Eurozone inflation slows as energy prices fall
Inflation in the eurozone slowed more than expected in March as the plunging oil price caused energy costs to fall, official figures showed.
UK growth stagnated as virus crisis loomed
UK growth stagnated in the final quarter of 2019, putting the economy in a weak position as the coronavirus crisis loomed, official figures showed.
Chinese factory activity shows surprise growth
China's official measure of manufacturing activity rebounded to show surprise growth in March as the coronavirus crisis appeared to ebb in the country where it started.