UK and global economy

UK retail sales volumes fall in December

Posted on Jan 25 2016 by

The latest retail sales figures are disappointing, but we expect sales volume growth to improve in the coming months though at a slower rate than in the early part of 2015.

Rises in employment gather pace, but earnings growth struggles

Posted on Jan 20 2016 by

Experian welcomes the positive labour market figures, which should provide support to incomes despite easing wage growth.

Experian expects CPI inflation to remain near zero for the next couple of months despite uptick in December

Posted on Jan 19 2016 by

The Consumer Price Index (CPI) rose to an 11-month high of 0.2% in the year to December, compared with a 0.1% increase in the year to November. This is the first time CPI has been positive for two consecutive months since January 2015.

IFRS 9: The rules of the game have changed – be prepared

Posted on Jan 18 2016 by

Read our blog on preparing for IFRS 9 and find out what football and IFRS 9 preparation have in common – A view from our IFRS 9 compliance experts…

Online shoppers are unforgiving – once they’ve gone, they’ve gone for good

Posted on Jan 08 2016 by

Millions prefer buying online to speaking with a salesperson – for everything from financial services, to car insurance and utilities.

Experian expects CPI inflation to remain below 1% for most of 2016 despite uptick in November

Posted on Dec 15 2015 by

The Consumer Price Index (CPI) rose by 0.1% in the year to November, compared with a 0.1% fall in the year to October. This is the first time inflation has been positive since July.

Consumer spending still leading the way

Posted on Nov 30 2015 by

The second estimate of GDP was unrevised from the first, confirming growth at 0.5% q-o-q in 2015q3, after 0.7% in 2015 Q2. Solid growth in services at 0.7% outweighed weakness in manufacturing, where output shrank by 0.4%.

UK consumer price deflation continues in October

Posted on Nov 18 2015 by

The Consumer Price Index (CPI) fell by 0.1% in the year to October, the same as in the year to September. This was in line with Experian’s expectations and continued the trend of inflation hovering around the zero mark which has been evident throughout this year.

Affordable homes shortage puts property availability at four-year low

Posted on Nov 13 2015 by

A fall in the number of affordable homes being put up for sale has driven overall property availability in the UK to its lowest level since 2011. A quarter of a million new properties went on sale between July and September this year, three per cent lower than the same period in 2014.

UK unemployment rate falls to 7 year low

Posted on Nov 12 2015 by

Yesterday’s labour market figures from the Office for National Statistics (ONS) confirm Experian’s predictions that labour market conditions remain generally strong.