The first data of note in the early part of the week was housing numbers. Yesterday Zoopla revealed that house prices are falling in most of the country, especially in London and the south. However, prices were falling in only 38% of local authority areas in Scotland, and the north east and north west of England also fared relatively well (though still falling overall).
Remortgaging levels fell sharply, to their lowest levels since January. Tomorrow there will be the Nationwide House Price Index, with prices expected to still be falling at around 5% per year.
One number rising by around 5% is shop price inflation, as revealed by the British Retail Consortium this morning. Prices were rising by 5.2%, down from 6.2% last month, and with homegrown food actually falling in price.
GBP/EUR past year
