British retail sales drop on clothes and food

Note: This section contains information in English only.
Source: Bloomberg
Retail sales in the United Kingdom decreased significantly in January of this year, putting the economic recovery under the risk. The indicator went down 1.5% month-on-month after a 2.5% rise in December. Analysts suppose that it could be a correction after a considerable surge. Meanwhile, the biggest drop was seen in sales of food and clothes – by 3.4% and 3.5%, respectively.
Back to articles

Actual Topics

Fri, 21 Feb 2014 10:08:29 GMT

U.K. budget surplus falls as income taxes decrease

The government of the United Kingdom announced a worse-than-predicted budget surplus during the first month of this year amid declining revenue from company's profits and private incomes. Revenue was unchanged year-on-year, but spending rose 0.8%. This resulted in a 4.7 billion pounds surplus versus 6 billion pounds the year before. Analysts expected an 8 billion pounds surplus.

Fri, 21 Feb 2014 09:36:36 GMT

S&P lowers Ukrainian rating to CCC, outlook negative

The Standard & Poors rating agency decreased the sovereign credit rating of Ukraine to the pre-default level of CCC, which is eight stages below the lowest investment grade. Outlook for rating, in turn, remained negative. The reason below the decline is political instability in the country, which puts the government's ability to pay for its debts under a significant risk.

Subscribe to "Fundamental Analysis" feed

Subscribe
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.
Pre viac informácií o Dukascopy Bank CFD / Forex obchodných platformách a ostatných záležitostiach
nás prosím kontaktujte alebo požiadajte o hovor od nás.
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.