There was little sign of any significant consumer spending upsurge, with spending last month little changed from January 2019.
Fri, 21 Feb, 2020
The Turkish lira fell back in the face of US and European threats of sanctions and embargoes, though sceptical traders said it would weaken much further if Western allies turn words into action over Turkey’s incursion in Syria.
Tue, 15 Oct, 2019
Consumer spending dropped in July compared to a year ago, a new report has revealed.
Wed, 14 Aug, 2019
An annual 2.6% reduction last month was sharper than the contraction of 1.1% seen in May.
Wed, 17 Jul, 2019
Britain’s economy appears to have shrunk for the first time since late 2012 between April and June, as worries about Brexit were compounded by global trade tensions, according to a closely watched survey.
Thu, 04 Jul, 2019
EU finance ministers must sort out the sources of financing for a future eurozone budget as a matter of priority, EU leaders told their finance ministers yesterday, but remained vague on the idea of a European deposit insurance scheme (Edis).
Sat, 22 Jun, 2019
Fears of a fresh global recession have increased with latest data showing continued shrinkage in manufacturing levels around the world as trade war and Brexit concerns escalate.
Tue, 04 Jun, 2019
There was a modest rise in consumer spending in April when compared to growth in recent months.
Wed, 15 May, 2019
Spending by Irish households has shown signs of picking up, which may be a glimmer of hope for retailers that consumers will increase spending in the coming months.
Thu, 18 Apr, 2019
Household Goods posted the strongest expansion in March, seeing spending rise at a substantial pace of +16.6% year-on-year.
Wed, 17 Apr, 2019
Construction activity growth hit a four-month high in the month of December.
Mon, 14 Jan, 2019
Britain’s economic growth slowed to a crawl at the end of 2018, according to new data, less than three months before Brexit.
Sat, 05 Jan, 2019
Irish consumer spending rose 2.2% in August, on a year-on-year basis, aided by low inflation and rising wages. While the annual rate of growth was unchanged from July and weaker than the 4.8% average seen since 2014, further spending increases are expected up to the end of the year.
Tue, 18 Sep, 2018
Carmakers failing to cut greenhouse gas emissions risk writing a big cheque to the EU.
Wed, 08 Aug, 2018
ACCORDING to the cliché, records are meant to be broken. But given the limits of human ability or physics, there are some that may never be.
Sat, 09 Jun, 2018
Irish factories still extended a winning run despite the huge disruption to work and transport that Storm Emma visited on the country last month.
Wed, 04 Apr, 2018
The Bank of England is expected to keep interest rates unchanged at 0.5% next week, but the meeting will be watched closely amid expectations over another hike in May.
Fri, 16 Mar, 2018
Policymakers in England are expected to keep interest rates on hold next week after November's milestone hike amid increasing speculation it was a "one and done" move.
Fri, 08 Dec, 2017
A Spanish union representing Nestle workers is pushing back against calls for a boycott of Catalan products, saying that punishing a major employer in the region with separatist ambitions could backfire on the country’s economy.
Tue, 07 Nov, 2017
Consumer spending in September has risen at its fastest pace for six months with household expenditure up at its highest rate since March and the increase in high street shopping for a year, .
Mon, 09 Oct, 2017
The UK’s construction companies in September reported the sharpest fall in activity since just after June 2016’s Brexit vote, as clients put projects on hold due to uncertainty over the economy.
Wed, 04 Oct, 2017
British business leaders from companies including BT and Centrica said they wanted a three-year Brexit transitional deal to protect jobs in Britain and Europe.
Tue, 19 Sep, 2017
Britain’s economy is falling further behind a fast-recovering eurozone as firms worry about Brexit and consumers feel the pinch of rising inflation and the weak pound, the latest surveys showed.
Wed, 06 Sep, 2017
Growth in construction firms in Britain fell unexpectedly to a one-year low in August, hit by an investment slump in the commercial sector as Brexit uncertainty weighed on the economy, a survey showed.
Tue, 05 Sep, 2017
The UK has set out proposals to ensure that goods and services currently approved for sale across the UK and EU can continue to be traded after Brexit.
Tue, 22 Aug, 2017
UK consumers cut back on spending for a third month in July as house-price growth slowed sharply, dealing yet another blow to the economy.
Tue, 08 Aug, 2017
The pace of growth in the construction sector in Dublin is at its strongest in 16 years, according to the latest Dublin Economic Monitor.
Thu, 27 Jul, 2017
Britain has suffered the biggest downgrade of economic growth projections by the IMF for the world’s rich nations this year, prompting the finance ministry to renew its call for a smooth exit from the EU.
Tue, 25 Jul, 2017
DIA has become a frustrating play for short sellers. The Spanish supermarket chain’s shares are up 12% this year, outperforming peers.
Thu, 20 Jul, 2017
US stock indexes nudged higher today after energy companies clawed back some of their sharp losses from earlier in the week.
Fri, 23 Jun, 2017
Households in Britain have become more worried about the outlook for their finances in the 12 months ahead as rising inflation puts a squeeze on their spending power, a new survey shows.
Tue, 20 Jun, 2017
Two new sets of data show that lending to Irish households has started to grow again, but the slowdown in consumer spending levels continues to take hold.
Wed, 14 Jun, 2017
The growth in Irish consumer spending is “moderate” with online sales continuing to attract more customers while some bricks-and-mortar stores lose out, according to Visa.
Wed, 10 May, 2017
The UK economy is expected to have picked up from a sharp slump at the beginning of the year after output in Britain's powerhouse services sector surged to a four-month high in April.
Thu, 04 May, 2017
British retail sales posted their biggest quarterly fall in seven years during the first three months of 2017, as rising prices since last year’s Brexit vote put more pressure on consumers, official data shows.
Sat, 22 Apr, 2017
The eurozone’s accelerating economy is translating into faster job creation and stronger inflation pressures as a key gauge of activity yesterday rose to a near six-year high in March, and employment increased the most since July 2007, with hiring picking up in services and manufacturing.
Sun, 26 Mar, 2017
Growth in Germany’s private sector picked up in February to reach its highest level in nearly three years, driven by humming factories, a survey showed, pointing to a strong first quarter in Europe’s biggest economy.
Wed, 22 Feb, 2017
Online shopping is gradually replacing face-to-face spending, as the growth in consumer spending continues to slow.
Tue, 14 Feb, 2017
Irish firms require improved training to boost productivity in key industries, according to the latest scorecard from the National Competitiveness Council.
Thu, 02 Feb, 2017
European car sales rose to a nine-year high in 2016, with French company Renault taking advantage of recovering demand and Volkswagen’s tarnished reputation to leap to second place from third in th e region.
Wed, 18 Jan, 2017
Wed, 04 Jan, 2017
Output in Britain's manufacturing sector reached its highest level for more than two years as the industry continued to bounce back from a post-Brexit vote slump.
Mon, 03 Oct, 2016
With eurozone inflation stuck near zero for almost two years and Brexit now threatening to undercut the region’s recovery, economists see ECB president Mario Draghi as highly likely to lengthen quantitative easing for a second time.
Tue, 06 Sep, 2016