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Buz Investors UK retail sales unexpectedly slid UK retail sales declined unexpectedly at the start of the year as consumers curbed their spending in response to rising inflation. Market Trends 

UK retail sales rose more than expected in February

UK retail sales rose more than expected in February Buz Investors UK retail sales rose  Retail sales in the United Kingdom rose 1.4 percent month-over-month in February 2017, following an upwardly revised 0.5 percent drop in January and above market expectations of a 0.4 percent gain. It was the first increase following three months of declines. Sales rose for non-store retailing (4 percent); petrol stations (2.9 percent); non-food stores (1.8 percent), namely household goods stores (3.7 percent) and other stores (2.2 percent). Compared with February 2016, sales went up 3.7…

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Buz Investors UK consumer price index advanced Producer prices in the UK manufacturers increased by 0.2 percent on the month to February 2017, following a 0.6 percent gain in January and below market expectations of a 0.3 percent rise Forex News 

UK consumer price index advanced more than expected in February

UK consumer price index advanced more than expected in February Buz Investors UK consumer price index advanced Producer prices in the UK manufacturers increased by 0.2 percent on the month to February 2017, following a 0.6 percent gain in January and below market expectations of a 0.3 percent rise. Cost increased less for metal, machinery and equipment (0.3 percent from 0.4 percent in January), petroleum products (0.3 percent from 2.4 percent) and went down for transport equipment (-0.1 percent from 0.8 percent) and other manufactured products (-0.2 percent from 0.5…

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Buz Investors UK Rightmove house price The Rightmove house price index in the UK climbed 1.30% in March on a MoM basis. The Rightmove house price index had recorded a rise of 2.00% in the previous month. Forex News 

UK Rightmove house price index rose in March

UK Rightmove house price index rose in March Buz Investors UK Rightmove house price  The Rightmove house price index in the UK climbed 1.30% in March on a MoM basis. The Rightmove house price index had recorded a rise of 2.00% in the previous month. Price of property coming to market increases by 1.3% (+£3,877) this month, the same average rise as in buy-to-let-boosted March 2016 Monthly rise of this size has only been exceeded once at this time of year since 2007   OTHER STORIES BUZ TRADERS FOLLOW $AHG…

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Buz Investors UK total trade deficit narrowed The UK’s deficit on trade in goods and services decreased slightly by £0.1 billion to £1.97 billion in January 2017 from a downwardly revised £2.03 billion in December. Forex News 

UK total trade deficit narrowed in January

UK total trade deficit narrowed in January Buz Investors UK total trade deficit narrowed The UK’s deficit on trade in goods and services decreased slightly by £0.1 billion to £1.97 billion in January 2017 from a downwardly revised £2.03 billion in December. Exports advanced by £0.4 billion to an all-time high of £49.4 billion, boosted by higher sales of machinery and transport equipment, mainly electrical machinery and cars, and chemicals; and imports increased by £0.3 billion also to a record £51.4 billion, as purchases of oil and chemicals rose the…

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Buz Investors UK construction output declined Construction output in the United Kingdom increased by 2 percent year-on-year in January of 2017, following an upwardly revised 2.6 percent rise in the previous month and well above market expectations of a 0.2 percent gain. Forex News 

UK construction output declined more than expected in January

UK construction output declined more than expected in January Buz Investors UK construction output declined  Construction output in the United Kingdom increased by 2 percent year-on-year in January of 2017, following an upwardly revised 2.6 percent rise in the previous month and well above market expectations of a 0.2 percent gain. The main contribution came from all new work (3.4 percent) offsetting the thirteenth straight decrease in repair and maintenance (-0.7 percent). In addition, private new housing (+7.4 percent) and private housing repair (9.7 percent) rose sharply. On a monthly…

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Buz Investors UK industrial production dropped Industrial production in the United kingdom declined 0.4 percent month-over-month in January of 2017, compared to a downwardly revised 0.9 percent rise in December and in line with market expectations. Forex News 

UK industrial production dropped less than expected in January

UK industrial production dropped less than expected in January ` Buz Investors UK industrial production dropped  Industrial production in the United kingdom declined 0.4 percent month-over-month in January of 2017, compared to a downwardly revised 0.9 percent rise in December and in line with market expectations. It is the first drop in three months, dragged down by a 0.9 percent fall in manufacturing output, namely pharmaceuticals (-13.5 percent) and a 0.7 percent decline in water supply, sewerage and waste management. In contrast, production recovered for mining and quarrying recovered (1.4…

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Buz Investors UK manufacturing production fell Manufacturing output in the United Kingdom increased 2.7 percent year-on-year in January of 2017, following an upwardly revised 4.2 percent rise in the previous month but slightly Forex News 

UK manufacturing production fell more than expected in January

UK manufacturing production fell more than expected in January Buz Investors UK manufacturing production fell Manufacturing output in the United Kingdom increased 2.7 percent year-on-year in January of 2017, following an upwardly revised 4.2 percent rise in the previous month but slightly below expectations of a 3 percent gain. On a monthly basis, manufacturing output declined 0.9 percent, mainly due to a 13.5 percent slump in pharmaceuticals, following an increase of 8.2 percent in December. In contrast, transport equipment provided the largest upward contribution, increasing by 2.6 percent, within which motor…

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Buz Investors UK house price balance House prices in the UK increased by 5.1 percent year-on-year in the three months to February 2017, following a 5.7 percent gain in the the three months to January and missing market expectations Market Trends 

UK house price balance remained flat in February

UK house price balance remained flat in February Buz Investors UK house price balance House prices in the UK increased by 5.1 percent year-on-year in the three months to February 2017, following a 5.7 percent gain in the the three months to January and missing market expectations of a 5.3 percent rise. It was the lowest annual rate since July 2013, remaining significantly below the 10 percent peak reached in March 2016. A sustained period of house price growth in excess of pay rises has made it increasingly difficult for…

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Buz Investors UK Halifax house price index House prices in the UK increased by 5.1 percent year-on-year in the three months to February 2017, Forex News 

UK Halifax house price index rose less than expected in February

UK Halifax house price index rose less than expected in February Buz Investors UK Halifax house price index House prices in the UK increased by 5.1 percent year-on-year in the three months to February 2017, following a 5.7 percent gain in the the three months to January and missing market expectations of a 5.3 percent rise. It was the lowest annual rate since July 2013, remaining significantly below the 10 percent peak reached in March 2016. A sustained period of house price growth in excess of pay rises has made…

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Buz Investors UK services PMI slid The seasonally adjusted Markit/CIPS UK Services PMI Business Activity Index declined to 53.3 in February 2017 from 54.5 in January, Forex News 

UK services PMI slid in February

UK services PMI slid in February Buz Investors UK services PMI slid The seasonally adjusted Markit/CIPS UK Services PMI Business Activity Index declined to 53.3 in February 2017 from 54.5 in January, missing market expectations of 54.1. It was the weakest expansion in the services activity since September 2016, amid a softer rise in new work and employment. Also, input prices increased at the steepest pace since August 2008. Meanwhile, business optimism remained strong. Services PMI in the United Kingdom averaged 53.98 Index Points from 2007 until 2017, reaching an…

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