Posts Tagged ‘November’

UK exports jump in November, boost hopes of end to recession

Further good news for the UK economy emerged today after the Office for National Statistics (ONS) said exports in November soared to £20.2 billion – the highest since October 2008.
The rise was fuelled by sales of consumer goods and chemicals, according to the ONS.
The ONS said that Britain’s global goods trade gap narrowed from £7 [...]

German exports rise 1.6% in November

Germany, which is Europe’s largest economy, saw exports rise for the third consecutive month in November.
Exports, on a seasonally adjusted basis, totalled €70.6 billion (£63 billion) during the month – an increase of 1.6% compared with the previous month.
The monthly gain was double economists’ forecasts of a 0.8% rise and followed gains of 1.9% [...]

US Pending Home Sales Index falls sharply in November

The National Association of Realtors (NAR) today said its Pending Home Sales Index fell sharply by 16% in November to 96.0 from 114.1 in October, ending a nine-month rise.
The NAR attributed the fall on the end of a rush to beat the original expiration of the $8,000 tax credit for first-time buyers. The tax credit [...]

Savings continue to fall as consumers opt to repay debt

Figures published today show that people in the UK continue to repay debt as the incentive to save remains low in the current historically low interest rate environment.
According to the Building Societies Association (BSA), its members withdrew more money than they saved for the ninth consecutive month in November.
The BSA said there was a net [...]

Official: house prices rise for six consecutive months

Land Registry data for November show the average house price in England and Wales rising for the sixth consecutive month, to £161,554.
The value of a typical home increased 0.9%, taking the annual decline to just 0.3%, or £8,800 above its April nadir.
Wales experienced the greatest monthly rise with a positive movement of 2.9%.
However, London continued [...]