German factory orders rose 4.2% in Dec, higher than all estimates in a Reuters poll. F’casts in the survey ranged 0.4% to 3%,median was 1.5%
LONDON, Feb 4 (Reuters) – British businesses enjoyed an
unexpectedly strong start to the year, marked by faster hiring
and rising new orders that bode well for economic growth in
A monthly survey by Markit/CIPS of businesses in the
dominant services sector suggested the economy as a whole is
growing at a rate slightly above the 0.5 percent recorded in the
final three months of 2014.
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.
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.