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EU – Markit Economics PMI data reveals contradicting fortunes for biggest EU players
France’s economic recovery showed signs of picking up the pace this month after PMI figures released for April indicate that manufacturing and consumer inflation is growing at its the fastest pace in almost two years. 934 more words
BoE – Interest rates remain predictably unchanged.
Minutes released on Wednesday morning showed that the BoE Monetary Policy Committee voted unanimously (9-0) to keep interest rates unchanged and the quantitative-easing program at the pre-agreed level. 660 more words
The main measure of UK inflation turned negative in April for the first time on record, with inflation in the UK falling to -0.1%.
It is the first time the Consumer Price Index (CPI), which measures the generic cost of goods at a consumer level, has turned negative since 1960. 810 more words