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A surge in overseas trade, with goods exports growing at their fastest rate for nearly a decade, looks to have boosted the UK economy in the second quarter. But is the upturn too good to be...
Industrial production trends are diverging within the eurozone area, with signs of renewed weakness in the ‘core’ contrasting with resurgent growth in the periphery. Production growth...
The latest Bank of England Monetary Policy Committee meeting saw one policymaker break ranks and vote for higher interest rates. But the tone of the meeting was more dovish than many were...
The pace of UK economic growth slowed at the start of the third quarter, according to PMI survey data. Although still robust, the expansion of activity was the second-weakest seen so far this year...
The eurozone manufacturing economy showed encouraging resilience in the face of the Greek debt crisis in July. At 52.4, the Markit Eurozone Manufacturing PMI held close to its June level of 52.5...
Manufacturing looks set to act as a drag on the UK economy again in the third quarter, as goods producers are hit by the strong pound, weak global demand and waning business investment. However,...
Solid growth in the second quarter is welcome news that the UK economy continues to expand at an impressive pace in spite of headwinds from the general election, the stronger pound and eurozone...
The Chinese economy started the third quarter with the steepest contraction of manufacturing activity for 15 months, according to survey data. The Caixin Flash China General Manufacturing PMI,...
Eurozone economic growth lost only slight momentum in July amid the rollercoaster events of the Greek debt crisis during the month. The rate of expansion remained reassuringly robust to suggest that...
Falling retail sales and widespread price discounting will strengthen the conviction of dovish policymakers that underlying inflationary pressures remain benign, and that the economy still faces a...
The minutes from the latest Bank of England’s Monetary Policy Committee meeting reveal a mood of hawkishness developing steadily among policymakers.The nine MPC members voted unanimously to...
US manufacturing remained in the doldrums in June, with factory output stagnating for a second straight month, according to official data and adding to signs that the economy is slowing again....
Official data indicated the Chinese economy grew at an annual rate of 7.0% in the second quarter, unchanged on the pace seen in the first three months of the year and raising hopes that recent...
A mixed bag of news on the UK labour market adds plenty to the policy debate at the Bank of England.The latest data show private sector pay growth is approaching rates that would normally start to...
Unexpectedly weak retail sales data add to signs that the US economy is slowing again after pulling out of the soft patch earlier in the year. Any signs of slower growth could easily dissuade the Fed...
There were no surprises at the Bank of England as the Monetary Policy Committee left interest rates at their record low of 0.5% after their July gathering.No statement was made but, with inflation at...
Global economic growth slowed for a third month running in June, according to PMI data. The JPMorgan (NYSE:JPM) Global PMI™, compiled by Markit, sank to its lowest since January, to signal a...