Slowdown in London Property pushes UK House-Price Growth Below 10%

Note: This section contains information in English only.
Source: Bloomberg
House-price growth in England and Wales has showed stagnation and an increase of 0.4% in December. Taking into account the annual basis, house price sector growth weakened to 9.6% from 10.6%. The medium house price stopped at 278,997 pounds. According to the British Halifax, prices showed their lowest quarterly growth within the two years by the end of 2014.
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Fri, 09 Jan 2015 15:49:07 GMT

Increase in UK Manufacturing Production as oil imports dipped

UK manufacturing production output increased 0.4% to seven month highs in November, since the total industrial output was affected by unpredictable drop in oil and gas extraction by 5.5%. Therefore, factory output rose 0.7% from October, while industrial production, in turn, fell 0.1%. Concerning the trade data, the goods-trade gap curbed to 8.8 billion pounds in November as imports plunged 3.2%.

Fri, 09 Jan 2015 15:27:03 GMT

ECB exploring bond-purchase programs around 500 billion euros

European Central Bank study different models for buying around 500 billion euros of investment-grade assets. These models are considered as a part of fresh injections which would help ECB in achieving its goal to strengthened balance sheet, simultaneously preventing a deflation in the Euro area. The institution is also going to purchase asset-backed securities, as well as, covered bonds. 

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