Daily Forex News

GDP Data - UK

UK Inflation drops to 1.9%

The UK’s annual inflation slowed to 1.9%, the lowest since October 2009. Drop in prices of furniture, alcohol and tobacco and recreation and culture were the primary drivers, ...

UK PMI indices drop in January but signals expansion

With the PMI data for the month of January behind us, it is worth taking a look into the UK’s economic indicators which tend to impact not just the GDP but also the unemployment ...

UK December Jobless rate drops to 7.1%

Unemployment rate in the UK for December 2013 improved to 7.1% v/s estimates of 7.3%, while the claimant count change came in below expectations at -24k v/s -33.8k. The reading comes ...

Services PMI eases to 58.8 in December 2013

Britain’s services sector PMI eased to a 6-month low in December 2013 with the headline reading coming in at 58.8, down from November’s 60 and well below market consensus. ...

British Manufacturing PMI slows down in December

Markit’s latest manufacturing PMI data for Britain came in lower at 57.3 against the market estimates of 58.4. Data released from Markit showed the UK’s manufacturing sector ...

UK Q3 GDP unchanged. Yearly GDP Revised to 1.9%

Third quarter GDP revision for the UK came in unchanged at 0.8% while the economic growth between the periods of Q3 2012 through Q3 2013 saw an upward revision to 1.9%, by 0.4 points. ...

UK November Retail Sales in line with expectations

Retail sales in the UK for the month of November rose by 0.3%, in line with the market expectations. Within the sub-sector, clothing and footwear sales helped boost the overall sales. ...

December UK unemployment falls to 7.4%

The December UK unemployment rate dropped to the lowest levels since April 2009 to 7.4% while unemployment benefits dropped by -36k, modestly beating market expectations of -35k. The ...