Moving markets: Five things shaping the FTSE 100 today March 13, 2024 Amidst Wall Street's historic highs, Asian markets maintained a sense of calm, while oil prices surged and Bitcoin experienced an uptick. Now, attention pivots to the eagerly awaited release of the UK’s GDP figures.
US inflation comes in ahead of expectations again as markets grow nervy about Fed rate cuts March 12, 2024 According to figures from the Bureau of Labor Statistics, prices rose 0.4 per cent in February, higher than the 0.3 per cent expected by economists.
Domino’s Pizza launches ambitious bid to ramp up sales and store openings by 2028 March 12, 2024 Domino’s Pizza has outlined plans to accelerate growth, eyeing 1,600 UK and Ireland stores delivering £2bn of system sales by 2028.
China breaks deflationary chains with February surge in consumer prices March 11, 2024 China saw its first instance of inflation in February after enduring four consecutive months of deflation.
Greggs on a roll as night trade helps baker to “impressive” financials March 5, 2024 Greggs the no-frills chain said total sales grew 19.6 per cent in the year to last December up on a year-to-year basis
Wettest February on record leads to poor month for retail March 5, 2024 New figures from the British Retail Consortium (BRC) showed that retail sales increased 1.1 per cent in the year to February, down from 5.2 per cent last year and below the three-month average of 1.4 per cent.
Fed’s preferred measure of inflation picks up slightly as signs of persistence remain February 29, 2024 On an annual basis, core PCE came in at 2.8 per cent, down from 2.9 per cent the month before.
FTSE 100 live: London markets flat despite inflation boost, miners rise February 27, 2024 Markets were also given a lift by the news that shop price inflation slowed to 2.5 per cent in February, the lowest level seen in two years.
Grocery inflation hits lowest level in two years, but non-food items keep rising February 27, 2024 Shop price inflation or the rate at which these goods increase has slowed to 2.5 per cent in February, marking the lowest level recorded in close to two years. British Retail Consortium’s (BRC) latest reading showed food inflation also slowed to 5.0 per cent this month, down from 6.1 per cent in January and is [...]
Without reform, the UK will sleepwalk into another cost of living crisis February 27, 2024 Decades of complacency got us into the cost of living crisis, and we'll face another one if we don't change our ways, writes Adam Hawksbee.