uk inflation

 

Wall Street dips as caution sets in ahead of inflation data

Feb 13 2018

Wall Street’s main indexes were down about a third of a percent, falling for the first time in three sessions as caution crept in ahead of crucial data on inflation.

Sterling climbs as UK inflation beats expectations

Feb 13 2018

Sterling briefly climbed to its highest so far this week after data showed British inflation unexpectedly stayed close to its highest levels in six years in January.

Sterling climbs as UK inflation hits six-year high

Dec 12 2017

The pound climbed to the day’s high $1.3380 after the data, up from $1.3335 beforehand.

UK govt, companies agree on need for Brexit transition: Carney

Nov 16 2017

Carney said there was a broad understanding in Britain and in Europe of the importance of reaching a transition deal for Brexit.

UK retail sales surge in Aug, likely to boost BoE rate hike bets

Sep 20 2017

Retail sales volumes rose 1.0 percent month-on-mont and July’s sales growth was revised up to 0.6 percent.

BoE's Carney sees Brexit pushing up inflation, slowing growth

Sep 19 2017

Carney said that Brexit is likely to hurt Britain’s growth prospects in the short term and push up inflation.

UK consumer borrowing spikes

Jun 29 2017

Consumers -- the drivers of the country's economic growth -- are under pressure from a rise in inflation.

Sterling's bounce should help limit UK inflation overshoot - NIESR

May 10 2017

Sterling's rise since Prime Minister Theresa May called a snap election last month should to help limit a surge in British inflation this year.

UK grocery prices jump 2.3% in 12 weeks to Mar 26

Apr 04 2017

Food prices started to edge up in Britain in the final three months of 2016, ending more than two years of falling costs.

UK retail sales suffer biggest three-monthly drop since 2010

Mar 23 2017

British retail sales in the 3 months to Feb recorded their biggest slide in nearly 7 yrs as higher fuel prices eroded shoppers' disposable income.

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Global Markets

 

Stocks In News

 

KEC INTERNATIONAL

Promoter Instant Holdings bought over 1% stake, or 28 lk skares, in co for Rs 111 Cr

Shares acquired at average price of Rs 395.95

By Dec 2017, Instant Holdings held 1.80 cr shares, or 7.01% stake, in Co

Mint Reports

TYRE STOCKS IN FOCUS

Automotive Tyre Mfg Association says shortage of carbon black may shutdown plants

Demand supply gap has gone up to 20% in FY18

Financial Express Reports

HEG, GRAPHITE INDIA

Centre urges graphite electrode mfg cos to cut local prices

Also signaled possibility of introduction of an export tax

Graphite electrodes are used to melt scrap to produce new steel

Financial Express Reports

SUN PHARMA

Arm Buys 4.84% More Stake In Ranbaxy Malaysia For 1.66 Mn Ringgit

INDIA GRID TRUST

Acquires 46% stake in PTCL with a total Enterprise Value of Rs 232 Cr

Acquisition indicated to be completed by Q1 FY19

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