- Tuesday, 15 August 2017
- News
UK CPI unchanged in July
The Consumer Prices Index including owner occupiers’ housing costs 12-month inflation rate was 2.6% in July 2017, unchanged from June 2017. CPIH was re-designated as a National Statistic on 31 July 2017. The price of motor fuel continued to fall and provided the largest downward contribution to change in the rate between June 2017 and July 2017. This was offset by smaller upward contributions from a range of goods and services, including clothing, household goods, gas and electricity, and food and non-alcoholic beverages. The Consumer Prices Index (CPI) 12-month rate was 2.6% in July 2017, unchanged from June 2017.
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- Thursday, 10 August 2017
- News
UK Industrial Production increased by 0.5%
In the 3 months to June 2017, the Index of Production was estimated to have decreased by 0.4% compared with the 3 months to March 2017, due mainly to a fall of 0.6% in manufacturing. The largest contribution to the fall in manufacturing in the 3 months to June 2017 came from transport equipment, which fell by 2.2%, along with smaller downward contributions from a range of other industries.
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- Tuesday, 01 August 2017
- News
UK Manufacturing PMI rose more than expected
The rate of improvement in UK manufacturing operating conditions accelerated for the first time in three months at the start of the third quarter. This was highlighted by the seasonally adjusted Markit/CIPS Purchasing Managers’ Index® 50.0 (PMI®) rising to 55.1 in July, up from 54.2 in June. The headline PMI was boosted by stronger inflows 38.0 of new work, higher levels of production, improved job creation, longer supplier delivery times and a slight increase in inventory holdings.
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- Friday, 28 July 2017
- News
UK Consumer Confidence fell to-12
GfK’s long-running Consumer Confidence Index decreased two points to - 12 in July. Four of the five measures decreased this month. Joe Staton, Head of Market Dynamics at GfK, says: “Consumer confidence across the UK has fallen to the level last seen in the immediate aftermath of the Brexit vote. The economic picture across the UK remains confusing and this mood is reflected in the Overall Index Score, which is down by five points. It’s the sharp drop in confidence about the UK’s general economy – both looking back one year and ahead one year – that is driving the fall. While there’s a small bounce in consumer views of personal finance looking ahead, that’s the only measure that’s up.
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