economic data

10th June 2013: Austerity or Growth?...

Posted on Jun 10 2013 by
Governments are treading a fine line between adopting a programme of austerity and not knocking countries back into crippling recession. The experience of countries varies. Within the Eurozone, Germany posted the strongest...

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3rd June 2013: Portugal Deficit Update...

Posted on Jun 04 2013 by
Portugal’s long and arduous process of fiscal adjustment has not been without obstacles and the latest stumbling blocks have threatened to undermine much of the recent progress. Two years on from Portugal’s €78 billion...

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27th May 2013: Key Sectoral Trends...

Posted on May 28 2013 by
Short-term trends are bleak: the weak eurozone is adversely affecting manufacturing via export demand whilst smaller businesses are being held back by lack of credit. Banks are under pressure from regulators and the public sector...

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UK GDP: 2013q1 second estimate...

Posted on May 23 2013 by
The second estimate of UK GDP in the first quarter of 2013 confirmed that the economy grew by 0.3% q-o-q. Consumer spending (up by 0.1%) and stockbuilding (up £2.5 billion) were the main contributors to growth. The increase in...

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UK Retail Sales: May 2013 Release...

Posted on May 22 2013 by
Figures released today by the Office for National Statistics (ONS) show that retail sale volumes fell by 1.3% (seasonally adjusted) between March and April. However, the three-month comparison, which provides a better perspective...

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UK Consumer Prices: May 2013 Release...

Posted on May 21 2013 by
The Consumer Price Index (CPI) annual inflation rate showed an unexpected and marked fall in April to 2.4%, after six consecutive months in a tight range of 2.7% to 2.8%. By far the largest downward contribution to the inflation...

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20th May 2013: Labour Market Round-up...

Posted on May 20 2013 by
This week’s Labour Market Statistics release from the Office for National Statistics (ONS) confirms that the buoyancy of the jobs market came to an abrupt halt in the first quarter of this year. After an impressive rise in...

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13th May 2013: UK Housing Market Update...

Posted on May 20 2013 by
The latest seasonally adjusted Nationwide quarterly house price index (released on 28th March 2013) shows that UK house prices were marginally up (0.8% q-o-q) in 2013q1, finally bringing annual growth into positive, albeit muted,...

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Medium-sized firms increase resilience...

Posted on May 09 2013 by
Business leaders, economic watchers and – indeed – anyone with an interest in our nation’s finances will have found some relief in recent GDP data indicating that the UK had avoided falling into another recession. And...

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