In the final quarter of 2018, the German economy stalled, narrowly dodging recession because the fallout from global trade clashes and Brexit threatened to heavily impact a decade-long expansion in the EU’s number one economy…
British business confidence edges up to five-month maximum in December
Confidence among UK businesses has ascended to its highest value since July because businesses actually expect a busier 2018, although optimism is still below its level before the previous year's Brexit vote, as a poll by Lloyds Bank revealed on Friday.
In December, Lloyds' business barometer tacked on to +28 versus November’s reading of +24, compared to a pre-referendum average of about +44.
Official data to be released a bit later is believed to confirm that UK annual economic surge held at 1.5% for the last months to September versus an average of more than 2% before the referendum to break up with the European Union.
The outcome hints that the UK economy keeps expanding in the fourth quarter at rather a similar tempo to recent quarters, as some financial analysts told.
Nevertheless, larger businesses reported the weakest business prospects and also the biggest worries as for the impact of Brexit.
In January, the annual rate of inflation in Great Britain went down to 1…
The levels of retail sales and core retail sales for the US will be released on February 14 at 15:30 MT time.
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