German GDP Growth Slows but Meets Targets
Feb 27, 8:29 AM EST |
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| Final consumption expenditure of households turned out to be an impediment to growth in the fourth quarter, being 1.3% lower than in the year before. |
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| As already reported by the Federal Statistical Office in its first release of 14 February 2008, the German economy continued to grow in the fourth quarter of 2007. After price, seasonal and calendar adjustments, the gross domestic product rose 0.3% on the third quarter of 2007. However, economic growth slowed down considerably towards year-end. In the third quarter, the GDP had increased by as much as 0.7%. |
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UK Retail Index Falls in February, Prices Rise
Feb 27, 7:37 AM EST |
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| Orders placed with suppliers fell marginally, while stock levels edged up relative to expected demand but remained below their long-run average. |
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| Hopes of stronger high street sales failed to materialise in February and instead sales growth came to a halt, while the prices of goods rose strongly, the CBI said today. A third 34% of respondents to the latest Distributive Trades Survey said year-on-year sales volumes rose in the first half of February, while 36% said they were down. |
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UK Producer Price Index Advances in July
Aug 13, 3:42 PM EST |
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| Seasonally adjusted, the input price index fell 0.5% between June and July. |
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| The output price index for home sales of manufactured products rose 2.4% in the year to July, compared with a rise of 2.5% in the year to June. Unadjusted, the index rose 0.2% between June and July, mainly reflecting rises in food and other manufactured product prices. |
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UK Trade Deficit Narrows in June
Aug 09, 3:19 PM EST |
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| In June, total exports of goods rose by five per cent to £19.1 billion and total imports of goods rose three per cent to £25.4 billion. |
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| [[The following is an unedited transcript of the news release from the UK National Statistics.]]
The UK’s deficit on trade in goods and services is provisionally estimated to have narrowed in June to £3.6 billion, from a deficit of £3.7 billion in May. In second quarter, the deficit on trade in goods and services narrowed to £11.7 billion, from an £12.3 billion deficit in the previous quarter. |
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UK Industrial Production Gains 0.2% in June
Aug 06, 2:46 PM EST |
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| Manufacturing output in the latest quarter rose by 0.7% compared with the previous quarter. |
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| Between May and June output of the manufacturing industries rose by 0.2%. There were no significant increases but the largest non-significant increase was in the transport equipment industries, where output increased by 1%. There were no significant decreases. |
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Business Services Rise 0.8% in May
Jul 20, 2:30 PM EST |
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| In the three months to May, the output of business services and finance rose by 1% compared with the previous three months. |
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| Between April and May business services and finance increased by 0.8%. The most significant increase was in other business services which includes investigation and security, management consultancy and architectural services. |
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UK Retail Sales Gain 0.2% in June
Jul 19, 2:11 PM EST |
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| In the three months to June the seasonally adjusted index for retail sales at constant 2000 prices was 1.1% higher than the previous three months. |
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| Between May and June the volume of sales rose 0.2%, reflecting increases in all sectors except food stores and non-store retailing and repair.The volume of sales in predominantly food stores in the latest three months decreased by 0.1% over the previous three months. In predominantly non-food stores sales were up 1.9%. |
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UK CPI Advances in June
Jul 17, 1:41 PM EST |
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| The all items RPI excluding mortgage interest payments index rose by 3.3%, unchanged from May. |
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| In the year to June, the consumer prices index rose by 2.4%, down from 2.5% in May. In the year to June, the all items retail prices index rose by 4.4%, up from 4.3% in May. |
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French Consumer Spending Falls 1.2% in January
Feb 22, 12:12 PM EST |
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| In January, consumption expenditure on textile-leather grew at the same pace than in December. |
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| In January 2008, household consumption expenditure on manufactured goods, measured in chain-linked volumes, declined by 1.2 %, after +2.1% in December. Household consumption of other manufactured goods went slightly down in January -0.5% after +0.5%. |
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French Business Sentiment Slightly Down
Feb 22, 11:46 AM EST |
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| Stocks of finished products are rated inferior to the normal. |
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| Business leaders consider that their past activity slowed down slightly. Total and export order books stay high. The personal production outlook decreases anew. The general production outlook, which represents business leaders’ opinion on French industry as a whole, deteriorates more strongly. |
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