The German economy is now seen in the City as teetering on the brink of recession after official data revealed a contraction in growth for the second-quarter, which has strengthened the case for the European Central Bank (ECB) to cut its interest rate and restart its quantitative easing program from September.
August 15,2019
New data from Tinsa shows Spanish house prices rose 3.67% year-on-year in May 2019, reinforcing a recent slowdown in the growth rate.
August 14,2019
The total trade deficit - the difference between the export and import in goods and services - narrowed £16.0 billion to £4.3 billion in the second quarter of 2019 due largely to falling imports of goods, reports the ONS.
August 9,2019
Germany's key industrial sector shrank in June, according to fresh data, leading to growing speculation that the economy could enter recession in 2019.
August 7,2019
Joshua Roberts at JCRA - an independent financial risk advisor - puts the recent decline in Pound Sterling and the UK's heightened political uncertainty into context saying comparing the UK with emerging market economies is misjudged, damaging, and discourteous.
August 6,2019
The latest UK services PMI came in stronger than analyst expectations thanks largely to a pick-up in new orders from overseas.
August 5,2019
The UK's manufacturing sector remains in contractionary territory according to the latest survey of the sector.
August 1,2019
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