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Showing 1 - 10 of 16 results for "Office for National Statistics"

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... fourth quarter of last year following a contraction of 0.1% in September quarter, according to the Office for National Statistics, which defines a technical recession to include two or more consecutive quarters of contracting output. The December quarter's ...

Chief economist update: The UK is not OK

BENJAMIN ONG  |  MONDAY, 12 AUG 2019
... growth on net trade." As it turned out, the BOE's "no growth" forecast was still optimistic. The Office for National Statistics (ONS) preliminary estimate show UK GDP contracted by 0.2% in the second quarter - the first quarterly rate of decline ...

British inflation quickens but still off-target

BENJAMIN ONG  |  WEDNESDAY, 15 FEB 2017
... expected 1.9% increase, this is the fastest gain in consumer prices since June 2014. According to the Office for National Statistics (ONS), "The latest rise in CPI was mainly due to rising petrol and diesel prices, along with a significant slowdown in ...

No wolf here

BENJAMIN ONG  |  FRIDAY, 27 JAN 2017
... bank predicted. They should be wolf-whistling instead of crying wolf. Preliminary estimates by the Office for National Statistics (ONS) show the UK economy remains resilient to the lingering uncertainty that is Brexit. UK GDP expanded by 0.6% in the ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 19 AUG 2016
... against expectations for a 4.2% increase and quickening from June's 4.3% expansion. According to the Office for National Statistics (ONS), "all sectors showed growth with the main contribution coming from non-food stores". The jump in retail spending ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 18 AUG 2016
... Latest data show how the UK labour market was faring oh so good, before the Brexit vote that is. The Office for National Statistics (ONS) reports that the country's unemployment rate stood at 4.9% in the April to June period, unchanged from the first ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 27 MAY 2016
... worse than expectations for a 0.1% pick-up after the December quarter's huge 2.0% decline. The Office for National Statistics (ONS) reported that the fall was due to weaker investment in offices and other non-residential buildings. Year-on-year, UK business ...

BOE no change, no worries

BENJAMIN ONG  |  WEDNESDAY, 22 APR 2015
... dropped to 6.9% from 7.2% in December 2013 and has continued to improve since. Latest data from the Office for National Statistics (ONS) shows that the country's unemployment rate dropped to 5.6% in February - the lowest in seven years - from 5.7% in ...

Market Wrap AM

AAP  |  MONDAY, 28 JUL 2014
... cent between April and June, overtaking levels it achieved before the global financial crisis, the Office for National Statistics said. The economy is now 0.2 per cent bigger than before its pre-GFC peak in early 2008. The IMF predicts Britain will be ...

Crime pays: Why new European GDP rules are causing a stir

MARK SMITH  |  FRIDAY, 13 JUN 2014
... added to GDP was estimated to be between 16.9% and 17.5% of the Italian economy in 2008. The UK's Office for National Statistics estimated last month that the contribution made to national output by sex workers and the illegal drug trade in the UK was ...
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