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GBP Notícias Forex
UK Economy Grows Marginally As Estimated; Retail Sales Rebound Unexpectedly
The UK economy logged a marginal growth as initially estimated in the fourth quarter as the decline in production was offset by the growth in services and construction sectors, official data showed Friday. Another data revealed that retail sales expanded unexpectedly in February driven by the rebound in non-food store and auto fuel sales.
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22 h 53 min atrás
UK Inflation Cools To 2.8%
UK inflation softened unexpectedly in February on lower clothing costs, data from the Office for National Statistics showed on Wednesday. The consumer price index logged an annual increase of 2.8 percent in February, following January's 3.0 percent rise. Prices were forecast to climb again by 3.0 percent. Core inflation that excludes prices of energy, food, alcohol and tobacco, was 3.5 percent.
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2 dias atrás
UK Private Sector Growth Hits 6-Month High
The UK private sector growth strengthened to a six-month high in March, driven by the fastest upturn in the services economy since 2024, flash survey data from S&P Global revealed Monday. The flash composite output index registered 52.0 in March, up from 50.5 in February. The index has remained above the crucial 50.0 mark for the seventeenth month in a row.
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4 dias atrás
UK Budget Deficit Overshoots Estimate
The UK budget deficit exceeded official estimate in February on higher spending, figures from the Office for Statistics revealed Friday. Public sector net borrowing rose to GBP 10.7 billion from GBP 10.6 billion in the previous year. Economists had forecast the borrowing to drop to GBP 7.0 billion. This was the fourth biggest February borrowing since monthly records began in 1993.
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8 dias atrás
Bank Of England Pauses Rate Cuts Amid Trade Tensions
The Bank of England paused its monetary easing on Thursday amid intensifying uncertainty over global trade policy and weak economic growth in the U.K. The nine-member Monetary Policy Committee, headed by BoE Governor Andrew Bailey, decided to maintain the Bank Rate at 4.5 percent, which was the lowest level since June 2023. Only Swati Dhingra, an external member of the committee, preferred a qu
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8 dias atrás
UK Jobless Rate Remains Stable
The UK unemployment rate remained stable and wages continued to log strong growth in the three months to January period, official data revealed on Thursday. The ILO unemployment rate registered 4.4 percent in November to January, unchanged from the preceding period, figures from the Office for National Statistics showed. The rate matched expectations.
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8 dias atrás
UK Economy Contracts Unexpectedly On Weaker Production
The UK economy logged an unexpected contraction at the start of the year on a sharp fall in production, official data revealed on Friday. Gross domestic product shrank 0.1 percent on a monthly basis in January, following a growth of 0.4 percent in December, the Office for National Statistics reported. GDP was expected to grow 0.1 percent.
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15 dias atrás
UK Housing Demand Weakest Since 2023, Sales Fall: RICS
Demand for residential property declined to the lowest since 2023 and agreed sales turned negative and house prices logged a subdued growth in February as the stamp duty deadline approaches, the Royal Institution of Chartered Surveyors, or RICS, said on Thursday. Buyer demand weakened in February with the balance falling to -14 percent from -1 percent in January. This was the weakest result since
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15 dias atrás
UK Halifax House Prices Fall Unexpectedly
UK house prices fell unexpectedly in February as demand started to soften with the stamp duty holiday to end on March 31, mortgage lender Halifax said Friday. House prices registered a monthly fall of 0.1 percent in February, reversing January's 0.6 percent increase. Prices were forecast to grow 0.5 percent.
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22 dias atrás
UK Construction Logs Sharpest Downturn Since 2020
The UK construction sector registered the sharpest contraction since May 2020 on notable falls in orders and output, survey results from S&P Global showed on Thursday. The construction Purchasing Managers' Index fell unexpectedly to 44.6 in February from 48.1 in January. The reading was seen at 49.5.
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22 dias atrás
