UK and global economy

UK consumer price deflation continues in October

Posted on Nov 18 2015 by

The Consumer Price Index (CPI) fell by 0.1% in the year to October, the same as in the year to September. This was in line with Experian’s expectations and continued the trend of inflation hovering around the zero mark which has been evident throughout this year.

Affordable homes shortage puts property availability at four-year low

Posted on Nov 13 2015 by

A fall in the number of affordable homes being put up for sale has driven overall property availability in the UK to its lowest level since 2011. A quarter of a million new properties went on sale between July and September this year, three per cent lower than the same period in 2014.

UK unemployment rate falls to 7 year low

Posted on Nov 12 2015 by

Yesterday’s labour market figures from the Office for National Statistics (ONS) confirm Experian’s predictions that labour market conditions remain generally strong.

Economy slows, but growth still steady

Posted on Oct 27 2015 by

GDP growth slowed to 0.5% in 2015 Q3, down from 0.7% in the previous three months. The services sector continued to drive the recovery and saw increases in all 4 of the main services aggregates. Disappointingly the manufacturing sector continued to contract, with output now estimated to have fallen 0.9% this year. There was also […]

Buoyant September retail sales data support Experian’s view that consumers spending to remain healthy for the rest of this year

Posted on Oct 22 2015 by

Today’s release from the Office for National Statistics (ONS) showed that Retail Sales volumes grew by 1.9% in September, the biggest monthly gain since December 2013.

UK labour market regains vigour in line with Experian expectations

Posted on Oct 14 2015 by

The key points comparing the three months to August 2015 with the three months to May were: Employment rose by 140,000. The number of employees was up 120,000, accompanied by a rise of 29,000 in self-employment The number of full-time employees was up 56,000 The unemployment rate fell to 5.4% Average weekly earnings including bonuses […]

Final Estimate of GDP confirms UK recovery is on track

Posted on Oct 08 2015 by

Experian’s view that the UK economic upswing remains on track was supported by official data released today, which confirmed that the economy grew by 0.7% in real terms in the second quarter of this year.

7 ways for telecoms to prepare for EU regulation on roaming

Posted on Sep 24 2015 by

The Mobile Network Operators (MNOs) are being increasingly challenged to strike a balance between growing revenues, managing customer expectations, reducing operational costs, and complying with regulatory changes. If implemented, the European Union (EU) Commission proposal for the end of international roaming charges, by June 2017, will have an enormous impact on the European mobile industry.

Experian expects retail sales volumes to pick up in the coming months

Posted on Sep 18 2015 by

Retail sales continue to grow but the pace has eased markedly from the exceptional rate seen earlier this year. However Experian anticipates that the growth rate will pick up over the next few months.

Is the Living wage enough to offset the latest welfare reforms?

Posted on Sep 18 2015 by

Experian Economic’s latest income tracker update shows a significant widening in the gap between the discretionary income gains of the upmarket group and the price sensitive group beyond 2015.  Although in 2016 the price sensitive group will gain most from the introduction of the National Living Wage announced in the Summer Budget, this will be […]