LONDON, Aug 6 (Reuters) – Consumers continued to power
Britain’s economy last month as house prices surged and car
sales boomed, although weak industrial output in June was a
reminder that a balanced recovery still looks a way off.
House prices recorded their biggest annual rise last month
since the start of the financial crisis, figures from mortgage
lender Halifax showed on Wednesday, casting doubt on other signs
that the housing market may be slowing.
It looks like Britain might have to wait a while longer before its much-touted export recovery materialises.
Export orders growth flagged in July, according to two surveys of manufacturers over the last week.
Reuters consensus for July NFP: 233k from 100 economists, less than 288k in June. F’casts ranged from 190-310k
LONDON, July 31 (Reuters) – British consumer morale dipped
for the first time in six months in July and house prices
stagnated, adding to signs that Britain’s rapid economic
recovery is cooling slightly.
The consumer confidence index produced by market research
company GfK unexpectedly fell although it was still close to a
nearly 10-year high.