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News

Eurozone CPI unchanged at 1.5%

Euro area annual inflation is expected to be 1.5% in September 2017, stable compared to August 2017, according to a flash estimate from Eurostat, the statistical office of the European Union.

UK GDP grew by 0.3% in Q2

UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.3% between Quarter 1 (Jan to Mar) and Quarter 2 (Apr to June) 2017, unrevised from the second estimate of GDP. Services provided the only positive…

UK Current Account deficit widen to £23.2 billion

The UK’s current account deficit was £23.2 billion (4.6% of gross domestic product) in Quarter 2 (Apr to June) 2017, a widening of £0.9 billion from a revised deficit of £22.3 billion (4.4% of gross domestic product) in Quarter 1…

The Bank of England's chief economist says we're close to solving 2 of the economy's biggest issues

The Bank of England's Chief Economist Andy Haldane believes that Britain may be "nearing the end of the tunnel" when it comes to two of the biggest problems that have blighted the economy in recent years. Speaking in an interview…

Unemployment Claims rose to 272,000

In the week ending September 23, the advance figure for seasonally adjusted initial claims was 272,000, an increase of 12,000 from the previous week's revised level. The 4-week moving average was 277,750, an increase of 9,000 from the previous week's…

US GDP grew by 3.1% in Q2

Real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the second quarter of 2017, according to the "third" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP increased 1.2 percent.Real…

German CPI increased by 0.1%

The inflation rate in Germany as measured by the consumer price index is expected to be 1.8% in September 2017. Based on the results available so far, the Federal Statistical Office (Destatis) also reports that the consumer prices are expected…

Pending Home Sales fell by 2.6%

The Pending Home Sales Index, a forward-looking indicator based on contract signings, retreated 2.6 percent to 106.3 in August from 109.1 in July. The index is now at its lowest reading since January 2016 (106.1), is 2.6 percent below a…

Durable Goods Orders rose more than expected

New orders for manufactured durable goods in August increased $3.9 billion or 1.7 percent to $232.8 billion, the U.S. Census Bureau announced today. This increase, up two of the last three months, followed a 6.8 percent July decrease. Excluding transportation,…

CBI Realized Sales survey showed balance of +42%

The survey of 117 respondents, including 55 retail firms, found that sales for the time of year were considered to be slightly above seasonal norms. Meanwhile, orders placed with suppliers also rose in the year to September, also rebounding from…

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