Aug 16, 2017
"UK unemployment falls again to lowest since 1975, wage growth still muted" has been added to my site. Please visit for details. http://www.stocknewspaper.com/uk-unemployment-falls-again-to-lowest-since-1975-wage-growth-still-muted/
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"UK unemployment falls again to lowest since 1975, wage growth still muted" has been added to my site. Please visit for details. http://www.stocknewspaper.com/uk-unemployment-falls-again-to-lowest-since-1975-wage-growth-still-muted/
Dollar Little Changed On Light Day For Economic Data
Dollar Little Changed On Light Day For Economic Data
The dollar is turning in a mixed performance against its major rivals Monday afternoon, but is little changed overall. The lack of U.S. economic data is keeping some investors on the sidelines at the start of the new trading week. The early portion of the week will remain on the light side in terms of economic data. New home sales are due to be released Tuesday morning, while existing home sales…
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Eurozone Retail Sales Rise Most In 4 Months
Eurozone Retail Sales Rise Most In 4 Months
Eurozone retail sales increased at the fastest pace in four months in February, largely reflecting higher clothing and footwear sales. Retail sales climbed 0.7 percent month-on-month in February, faster than the revised 0.1 percent rise seen in the prior month, data from Eurostat showed Tuesday. Sales were expected to grow 0.5 percent. Food sales advanced 0.7 percent and non-food sales grew 0.9…
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UK Inflation Overshoots 2% Target
UK Inflation Overshoots 2% Target
UK inflation exceeded the Bank of England’s 2 percent target in February for the first time since 2013, on weak pound and rising oil prices. Moreover, factory gate prices rose at the fastest pace since December 2011 signaling much more inflationary pressure in the pipeline. Inflation accelerated more-than-expected to 2.3 percent in February from 1.8 percent in January, figures from the Office for…
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UK Q4 GDP Growth Tops Estimate On Manufacturing
UK Q4 GDP Growth Tops Estimate On Manufacturing
The UK economy expanded more than initially estimated in the fourth quarter of 2016 on manufacturing activity, but the overall growth for the year slowed down due to weak stock-building. Gross domestic product advanced 0.7 percent sequentially in the fourth quarter, slightly faster than the 0.6 percent growth estimated on January 26, the second estimate from the Office for National Statistics…
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Eurozone GDP Growth Gains Strength; Inflation Accelerates
Eurozone GDP Growth Gains Strength; Inflation Accelerates
Eurozone economy expanded at a slightly faster pace at the end of 2016, while a surge in energy prices led inflation to a four-year high, raising questions about the degree of stimulus that is actually needed for the currency bloc. Gross domestic product grew 0.5 percent quarter-on-quarter in the final three months of 2016, faster than the revised 0.4 percent expansion seen in the previous…
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Eurozone Economic Confidence Strongest In Nearly 6 Years
Eurozone Economic Confidence Strongest In Nearly 6 Years
Eurozone economic confidence strengthened for a fifth consecutive month in January to the highest level in nearly six years, signaling that the currency bloc entered the year 2017 on a strong footing, survey results from the European Commission showed Monday. The economic confidence index rose to 108.2 in January, while it was expected to remain unchanged at 107.8. This was the highest since…
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U.K. Q4 GDP Growth Stable At 0.6%
U.K. Q4 GDP Growth Stable At 0.6%
The U.K. economy continued its buoyant growth in the fourth quarter on consumer spending, weathering the uncertainties stemming from the “Brexit” vote. Gross domestic product grew 0.6 percent sequentially in the fourth quarter, the same pace of growth as seen in the previous two quarters, preliminary estimate from the Office for National Statistics showed Thursday. Economists had forecast a…
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