UK Economics Correspondent, London
Andy's Feed
Feb 2, 2015

Exports boost UK manufacturing in Jan as factories cut prices: PMI

LONDON (Reuters) – British manufacturing grew slightly faster in January thanks in part to a modest recovery in export orders, and trimmed prices as raw material costs fell at their quickest rate since May 2009, a survey showed on Monday.

Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) rose to 53.0 from an upwardly revised 52.7 in December, beating a Reuters poll forecast for 52.6 and holding comfortably above the 50 mark that signals growth.

Jan 30, 2015
Jan 29, 2015
via MacroScope

“Sorry, I don’t know” dominates Britons’ outlook for UK economy

Photo

Lots of inflation for this guy

Britons are becoming no clearer about the outlook for their economy, if the latest Citi/YouGov survey of inflation expectations is anything to go by.

While main news was that expectations for British inflation over the next 12 months hit a six-year low, the monthly poll also showed uncertainty about inflation is rising fast.

Jan 29, 2015
Jan 27, 2015
Jan 23, 2015

British retail sales show surprise gain in December on food, fuel

LONDON, Jan 23 (Reuters) – British retail sales unexpectedly
rose in December as shoppers flocked to supermarkets and bought
more fuel as oil prices fell, providing a boost for the
country’s economic recovery that has shown signs of softening.

Economists had expected sales to be weaker after a
U.S.-style Black Friday sales bonanza sent shoppers scurrying
for bargains in November.

Jan 23, 2015
Jan 22, 2015
Jan 22, 2015
Jan 22, 2015