Finance Matters

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Posts Tagged ‘expectations’

New Zealand economic growth beats expectations in Q1

July 14th, 2011 | Author: Kay Mitchell

Official figures today revealed New Zealand’s economy surged in the January to March period despite the devastating earthquake which hit Christchurch, the country’s second largest city, on 22 February. The economy grew by 0.8% in the three month period – the fastest pace for over a year, according to Statistics New Zealand. The figure was [...]

Posted in Finance Matters | Tags: All Financial News, Australia, beat, Christchurch, earthquake, Economy News, expectations, first quarter, growth, Japan, manufacturing, Statistics New Zealand | Comments Closed

UK manufacturing output recovers in May

July 7th, 2011 | Author: Kay Mitchell

The Office for National Statistics (ONS) has today revealed UK industrial output grew at its fastest rate since March 2010 last month after plunging in April due to the Royal Wedding and the impact of Japan’s earthquake and tsunami, which disrupted the supply chain. April’s fall represented the biggest since August 2009. However, output rose [...]

Posted in Finance Matters | Tags: All Financial News, beat, Economy News, expectations, manufacturing output, May, Office for National Statistics, ONS, rise | Comments Closed

Euro zone retail sales fall in May

July 5th, 2011 | Author: Kay Mitchell

Retail sales in the 17-member euro zone fell in May as consumers cut back on spending in the face of higher inflation and rising unemployment. According to the European Union’s statistics, Eurostat, sales in the euro zone fell 1.1% in May on a monthly basis – the biggest fall since April 2010 – with the [...]

Posted in Finance Matters | Tags: All Financial News, below, Economy News, euro zone, expectations, fall, inflation, May, retail sales, unemployment | Comments Closed

BoE: Mortgage approvals remain weak in May

June 29th, 2011 | Author: Kay Mitchell

The Bank of England has today revealed mortgage approvals remained weak in May. According to the Bank, there were 45,940 loans approved in the month – slightly higher than April’s 45,447 but lower than forecasts of a level of 46,100. Furthermore, May’s figure was lower than the average for the previous six months. Today’s figures [...]

Posted in Finance Matters | Tags: 2011, All Financial News, approvals, Bank of England, expectations, housing market, lower, May, mortgage, Mortgage News, subdued, weak | Comments Closed

UK borrowing falls in May

June 21st, 2011 | Author: Kay Mitchell

The Office for National Statistics (ONS) has today revealed UK public sector borrowing fell slightly last month. According to the ONS, public sector borrowing fell to £15.15 billion last month compared with £16.46 billion in May last year. The figure was lower than analysts’ expectations of £15.75 billion and was attributed to an increase in [...]

Posted in Finance Matters | Tags: All Financial News, borrowing, Chancellor, Debt News, deficit, Economy News, expectations, Government, lower, Office for National Statistics, on target, ONS, public sector, reduction, uk, VAT rise | Comments Closed