News And Announcements
UK March retail sales rise 5.1%, but consumers feeling the squeeze - BRC
UK retail spending rose in March on an annual basis, boosted by spending for Mother's Day, although the cost-of-living crisis and wet weather kept consumers at home, according to the British Retail Consortium (BRC).
China consumer price inflation hits 18-month low
China’s consumer price inflation hit the slowest pace in March since September 2021, according to data released on Tuesday by the National Bureau of Statistics.
UK retail footfall below pre-pandemic levels despite March hike
Retail footfall jumped last month, industry research showed on Friday, although it remains firmly below pre-pandemic levels.
Softer residential demand weighs on UK construction sector
The UK construction sector slowed last month, a closely-watched survey showed on Thursday, as higher borrowing costs hit residential demand.
EZ construction PMI falls again in March on weak housing market
Eurozone construction activity contracted for the eleventh consecutive month on the back of a weaker housing market, according to a widely read survey published on Thursday.
China's services sector grows again in March
Activity in China’s services sector grew at the fastest pace in two and a half years in March, according to data released on Thursday.
UK house prices rise 0.8% in March for third consecutive increase - Halifax
UK house prices increased for a third consecutive month in a row in March, according to data released by mortgage lender Halifax on Thursday.
UK ministers suspend contact with CBI after sexual misconduct claims
The UK government has suspended meetings with the Confederation of British Industry, after allegations of sexual misconduct by staff at the business lobby group.
UK service sector grows again in March
Activity in the UK services sector grew for the second month in a row in March, according to a survey released on Wednesday.
UK car sales rise 18% in March - SMMT
UK car registrations grew for the eighth consecutive month in March, according to industry data released on Wednesday.
Eurozone economic recovery continues to gather pace
The economic recovery in the eurozone continued to gather pace in March, although the picture was mixed across countries, according to a survey released on Wednesday.
New Zealand central bank hikes rates by 50 basis points
New Zealand’s central bank announced a bigger-than-expected rate hike on Wednesday.
German factory orders rise by surprise 4.8% in February
German factory orders surged by a surprising 4. 8% in February against a 0. 5% rise in the prior month, according to official data released on Wednesday.
CBI pauses external events amid sexual misconduct allegations
The Confederation of British Industry said on Tuesday that it has temporarily paused its external programme of events, following fresh allegations of sexual misconduct.
Falling energy costs drive down eurozone producer prices
Eurozone industrial producer prices fell by more than expected in February, official data showed on Tuesday.
German imports, exports edge ahead in Feb; Trade surplus steady
Germany's trade surplus was unchanged in February compared with the previous month, with exports and imports both rising slightly, according to official data released on Tuesday.
Eurozone manufacturing activity falls to four-month low
Eurozone manufacturing activity fell to a four-month low in March, according to data released on Monday.
German watchdog hands EY two-year ban - report
EY has been banned from taking on listed companies as new audit clients in Germany for two years, it was reported on Monday.
UK manufacturing output eases on subdued demand
The UK’s manufacturing sector faltered last month, a closely-watched survey showed on Monday, as demand softened.
Oil prices spike following shock Opec cut
Oil prices surged on Monday after a surprise decision by Opec+ nations to voluntarily cut production.