Forex Magnum



News


UK Economy Shrank in Q4 More Than Estimated

Autore: Staff for Oanda




The Office for National Statistics released its third estimate for the UK’s gross domestic product.

The UK economy shrank by 0.4 percent in the final quarter of 2011. The previous estimates showed that the economy shrank by 0.3 percent. The estimate for the first quarter of this year remained unchanged – the contraction of 0.3 percent. Construction output fell by 4.9 percent, its sharpest fall since the first quarter of 2009. The household spending fell by 0.1 percent, compared with a previous estimate of 0.1 percent growth. These estimates show that the recession has been deeper than previously thought.

The data also released on Thursday showing that government spending grew between January and March at its fastest rate in nearly seven years, which further indicated the troubling state of the UK’s economy.

Some economists said they expected the Bank of England to restart next week its programme of quantitative easing, designed to boost the growth injecting money into the economy.

Source: BBC


Analisti

Sei un Analista Tecnico Indipendente Professionista del mercato FOREX? Registrati anche tu nella comunità ed elabora insieme a noi strategie automatiche di successo! Dettagli


Programmatori

Sai programmare in MQL o usare il MetaTrading? Registrati e contribuisci alla programmazione di trading system, script e indicatori per MetaTrader. Dettagli


Traders

Ti piace il Trading? Vieni in Trading Room a Cosenza, guarda le analisi tecniche real time dei nostri indicatori e decidi quando entrare nel mercato. Corsi base ed avanzati. Dettagli








Non esistono ancora Commenti per questa news.

Archivio News

Pagina:

1 2 3 4 5 > >>

Will Slovenia Be The Next to Ask for a Bailout?


Euro Zone Unemployment Hits Record High


Irish Get Seismic Shift on Banking Deadlock


EU Leaders Agreed on Bank Recapitalisation


US Q1 Final GDP Unrevised


UK Economy Shrank in Q4 More Than Estimated


Japan Lower House passes tax, so/sec reform bills, majority


UK Has a Larger Budget Deficit Than Forecast


Extension of Twist a threat to bond trading


UK Retail Sales Rises in May


UK Retail Sales Rise in May


UK unemployment rate decreased in Q1


Spain in the spotlight, Merkel under G20 Pressure


Europe gets EM Ultimatum as G20 Meet


Samaras Attempts To Build A Coalition Government


Spanish Bond Yields Print Currency Bloc High


Euro Zone Production Contracted in April


Spanish yields up on bailout doubts


Italy too may need bailout


US Wealth Fell -38.8% in ’07-’10 on Housing


Spain First, Now Eurobonds?


UK’s Services Growth Sheds Doubts on BoE Stimulus


German Industrial Output Decreased in April


Spain Seeks Aid For Banks


Unemployment in The Euro Zone Remains High

Pagina:

1 2 3 4 5 > >>