UK's budget deficit widens

Note: This section contains information in English only.
Source: Bloomberg
UK fiscal goals for the year, set by George Osborne, Chancellor of the Exchequer, might not be met in 2012. Office for National Statistics presented readings on British budget deficit on Friday, July 20. Budget gap rose by GBP 0.5 billion in comparison with 2011 and now amounts to GBP 14.4 billion, whereas the forecast was by GBP 1 billion less. At the same time government revenues climbed 3.6% while spending fell 0.8%.
Back to articles

Actual Topics

Fri, 20 Jul 2012 16:40:21 GMT

Brazil inflation rate jumped in July

According to the Brazil's statistics agency, nation's inflation rate surprisingly jumped in July. Consumer price index increased by 0.33 per cent, reaching ten-month high at 5.24 per cent.  Meanwhile, Brazil's economy is developing at a lower pace than it was previously expected, with GDP growth by 0.8 per cent during the first quarter of this year, and with nation's central bank economists forecast of only 1.9

Fri, 20 Jul 2012 16:29:21 GMT

Decline of companies' profits may lead to tax cuts in China

Drop of net income of half of 760 listed Chinese companies may pressure Premier Wen Jiabao and the government to lower corporate taxes. In order to stop the second largest world economy from losing pace of expansion  the government has to implement more measures on top of boosting investment and monetary stimulus, according to a senior economist at Credit Agricole,

Subscribe to "Fundamental Analysis" feed

Subscribe
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request)
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
Per scoprire di più sulla piattaforma di Dukascopy Bank per Forex/CFD, sul SWFX ed altre informazioni relative al trading,
la preghiamo di contattarci o richiedere di essere contattato (callback request).
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.