UK Economy Expands by 0.7% in Q1 2024, with Services a Highlight
According to the Office for National Statistics , Services sector output rose by 0.8% quarter-on-quarter, up from a preliminary 0.7%. Output acros…
US Dollar Index
UK Annual Inflation Rate Falls from 2.3% to 2.0% in May
Moreover, in May, consumer prices rose by 0.3% month-on-month, following a 0.3% increase in April. Economists expected consumer prices to increase b…
Global Economy: Soft Landing Reinforces Prospect of Higher-for-longer Interest Rates
We forecast global growth of 3.2% this year and 3.4% next year, similar to the 3.2% in 2023. Our growth estimates are 0.1-0.2pps above our outlook a…
German Producer Prices Down 2.2% Year-on-Year But Send Mixed Signals
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German GfK Consumer Confidence Indicator Dips to -21.8 for July
Rising Savings, Falling Spending: German Consumer Sentiment and the ECB’s Next Move For July, the German GfK Consumer Climate Indicator unexpectedl…
UK Retail Sales Tumbled by 2.3% in April Due to Bad Weather
Updated: May 24, 2024, 06:14 GMT+00:00 Key Points: UK retail sales tumbled 2.3% in April after declining by 0.2% in March. Retail s…
CB Consumer Confidence Rises To 102.0, Exceeding Analyst Expectations
The Conference Board commented: “Looking ahead, fewer consumers expected deterioration in future business conditions, job availability, and income, …
German GfK Consumer Climate Indicator Climbs to -20.9 for June
According to the May survey , Income Expectations increased by 1.8 points to 12.5 points. Willingness to Save declined by 10 points to 5 points, …