Inflation in the US dropped to 1.9% in December 2018 from 2.2% in November. It is the lowest inflation rate since August 2017 and is largely down to a fall in the price of fuel. Minutes from the…
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The big news from the eurozone on Friday was that Italy could be heading into a recession. Economists at ING said that the Italian economy shared the same difficulties as France and Germany in November, and that the…
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There was more disappointing data from the UK on Friday, as UK GDP growth dropped to 0.3% in the three months to November 2018. It is the lowest reading for six months as Brexit worries continue to weigh…
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It was an extremely busy end to the week for UK economic data and unfortunately most of it was far from encouraging. Figures released showed that the British economy’s growth slowed in the three months to November 2018.…
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Figures released yesterday showed that the high street did not have a very merry Christmas. UK retailers suffered the worst December for a decade last month, as Brexit worries and a dramatic fall in consumer confidence affected sales.…
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After being accused of throwing several temper tantrums because he cannot get his own way regarding the border wall, yesterday Trump spoke about declaring a national emergency, saying “I’ll probably do it, maybe definitely.” Such action – if…
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On an extremely quiet day for the eurozone, we did see the release of the European Central Bank’s December meeting minutes. They showed that the ECB’s assessment of the eurozone economy is still moderately positive, although it is…
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Yesterday, we woke to the news that UK retailers suffered the worst December since 2008 last month. The high street was hit by Brexit worries and a sharp decline in consumer confidence over the festive period. Total sales…
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