News And Announcements
German inflation eases to lowest rate since June 2021
German inflation continued to ease in January, official data showed on Wednesday, as energy prices fell sharply.
UK business confidence jumps - survey
UK businesses started the new year with an upbeat outlook, a survey claimed on Wednesday, buoyed by easing inflation and the prospect of falling interest rates.
US private sector adds fewer jobs than expected in January
Private sector employment in the US rose less than expected in January, according to figures released on Wednesday by ADP.
German unemployment holds steady
German unemployment held steady at the start of the year, official data showed on Wednesday, despite the weak economic backdrop.
House prices rise more than expected in January
UK house prices rose more than expected in January as mortgage rates trended lower, according to figures released on Wednesday by Nationwide.
Eurozone Q4 GDP comes in flat, avoids technical recession
The eurozone and European Union managed to avoid a technical recession after official flash estimates showed the economy flatlined in the last three months of 2023.
Eurozone economic sentiment remains depressed
Economic sentiment in the eurozone remained in the doldrums in January, according to a survey released by the European Commission on Tuesday.
UK credit and lending figures miss forecasts as consumers increase savings
A trio of leading UK consumer lending indicators for December came in much lower than expected on Tuesday, with consumer credit, lending and mortgage approvals falling shy of analysts' forecasts, driven by above-average savings levels.
Shop price inflation slows further in January
Shop price inflation saw a notable slowdown at the start of the year, according to fresh data released on Tuesday, as price growth reached its lowest level since May 2022.
UK economy stagnating - CBI
The UK’s private sector continued to struggle over the last three months, a survey showed on Monday.
UK consumer confidence continues to improve in Jan - GfK
UK consumer confidence continued to improve in January to its best level in two years, according to a long-running survey published on Friday.
UK retail sales fall to worst level since December 2021 - CBI
UK retail sales fell in January at the fastest pace in three years, according to the latest Distributive Trades Survey form the Confederation of British Industry.
German business sentiment deteriorates further in January - Ifo
German business sentiment deteriorated further in January, according to a survey released on Thursday by the Ifo Institute.
Watchdog calls on government to review biomass sustainability monitoring
The government cannot prove biomass power plants meet sustainability rules and should review its monitoring arrangements, the National Audit Office said on Wednesday.
UK manufacturers see output slide - CBI
Output has fallen across the manufacturing sector, a closely-watched survey suggested on Wednesday, weighing heavily on sentiment.
China's central bank to trim reserve requirements
China’s central bank is to cut the amount of cash lenders must hold, it was confirmed on Wednesday, the latest move designed to bolster the country’s ailing economy.
Ifo cuts German growth forecasts
A leading economic think tank has trimmed its growth forecasts for Germany, it was confirmed on Wednesday, in response to government plans to cut spending.
UK services sector picks up in January, Red Sea crisis dents manufacturing
Activity in the UK services sector picked up in January, but the Red Sea crisis hit manufacturing supply chains, according to a survey released on Wednesday.
UK government borrows less than expected in December
The UK government borrowed much less than expected last month, according to data released on Tuesday by the Office for National Statistics.
EY Item Club upgrades UK growth forecasts for 2024 and 2025
A quicker-than-expected drop in inflation is expected to support UK growth in 2024 and beyond, according to EY Item Club, which has upgraded its economic projections for the next two years.