by Charles Purdy | Apr 14, 2023
The pound has weakened by around a third of a percent against the euro since yesterday morning, but strengthened by a similar amount against the US dollar. It’s been a slow week of grinding losses against the euro, continuing the battle that has seen little overall...
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by Charles Purdy | Apr 14, 2023
Sterling fell against most currencies yesterday, including by around a third of a percent against the euro and Canadian dollars and a little more against the Australian dollar. However, there was a better result against the US dollar, which has been the big loser this...
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by Christopher Nye | Apr 13, 2023
The monthly consumer price inflation in the US rose by only 0.1% in March. This was below market expectations of a 0.2% increase and much lower than February’s 0.4% rise. It was a similar story for the yearly figures which slowed for the ninth consecutive month in...
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by Christopher Nye | Apr 13, 2023
The Federal Statistical Office reported that Germany’s annual consumer price inflation hit a seven-month low of 7.4% in March. This was down from 8.7% in the previous two months. Although inflation seems to be cooling, it still remains well above the European...
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by Christopher Nye | Apr 13, 2023
As well as month-over-month GDP, the Office for National Statistics (ONS) also released the UK’s annual gross domestic product (GDP) figures this morning. The yearly numbers showed Britain’s economy expanded 0.5% compared to this time last year, beating forecasts of...
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