UK House Prices Fall More Than Expected

UK Mortgage Approvals At 3-Month High

UK mortgage approvals rose to a three-month high in June and consumer credit increased notably, official data revealed on Tuesday. Approvals for house purchases increased to a three-month high of 64,167 in June from 63,288 in May, the Bank of England reported. Approvals were above economists' forecast of 63,000.

RTTNews | vor 9Std 47 Minuten

UK Retail Sales Rebound As Warm Weather Boosts Spending

UK retail sales recovered in June as warm weather boosted consumer spending but consumer sentiment weakened amid fears of possible tax rate hikes, data showed Friday. Retail sales grew 0.9 percent on a monthly basis, in contrast to the revised 2.8 percent drop in May, the Office for National Statistics reported. However, this was weaker than economists' forecast of 1.2 percent gain.

RTTNews | vor 4 Tagen

UK Private Sector Growth Moderates On Services Activity

UK private sector output continued to grow in July but the pace of expansion moderated as services activity lost momentum, flash survey results from S&P Global revealed on Thursday. The composite output index slid to 51.0 in July from 52.0 in June. The reading was also above the forecast of 51.9.

RTTNews | vor 5 Tagen

UK Budget Deficit Exceeds Estimate In June

The UK budget deficit widened more than estimated in June on higher debt servicing costs, which has added pressure on Chancellor Rachel Reeves to raise taxes at the autumn budget. Public sector net borrowing rose by GBP 6.6 billion from the previous year to GBP 20.7 billion in June, the Office for National Statistics reported Tuesday.

RTTNews | vor 7 Tagen

UK Consumer Sentiment Remains Downbeat: S&P Global

British households remained pessimistic about economic conditions and their financial wellbeing in July, survey data from S&P Global showed on Monday. The S&P Global consumer sentiment index rose slightly to 45.1 in July from 45.0 in June. However, the score below 50 signals deterioration.

RTTNews | vor 8 Tagen

UK House Prices Drop In July: Rightmove

UK house prices declined in July as decade-high level of supply limited the pricing capacity of sellers, property website Rightmove said Monday. Average asking prices dropped 1.2 percent in July from the previous month to GBP 373,709. Data showed that as the number of available homes remained at a decade-high level, summer sellers priced even more competitively to attract buyer interest.

RTTNews | vor 8 Tagen

UK Unemployment Rate Rises; Wage Growth Slows

The U.K. jobless rate rose unexpectedly to a near four-year high and wage growth softened in the three months to May, suggesting that the labor market is cooling. Data from the Office for National Statistics showed that the unemployment rate edged up to 4.7 percent in the three months to May, marking the highest rate since June 2021. The rate was forecast to remain unchanged at 4.6 percent.

RTTNews | vor 12 Tagen

UK Inflation Unexpectedly Accelerates To Strongest Since Early 2024

UK consumer price inflation accelerated unexpectedly in June to the strongest level since January 2024 largely due to higher transport and food costs but the Bank of England is expected to loosen its policy further, given mounting concerns over economic conditions. The consumer price index advanced 3.6 percent year-on-year in June, faster than the 3.4 percent rise in May.

RTTNews | vor 13 Tagen

EURUSD	1.1547	GBPUSD	1.33526	AUDUSD	0.65123
USDJPY	148.501	USDCAD	1.37737	USDCHF	0.80608

Advertisement

UK House Prices Fall More Than Expected