Tag: consecutive

Rightmove: Asking prices down for second month in a row

Rightmove: Asking prices down for second month in a row

Property website, Rightmove, has today reported a drop in asking prices for the month of August – the second consecutive monthly fall. According to Rightmove, asking prices for residential property in England and Wales fell by 2.1% this month after a 1.6% decline in July. The property website, which claims to advertise 90% of the [...]

August 15, 2011 | 0 Comments More
Japan’s exports down 10.3% on year

Japan’s exports down 10.3% on year

June 20, 2011 | 0 Comments More
US new home sales rise for second consecutive month

US new home sales rise for second consecutive month

The Commerce Department has today revealed sales of new homes in the US rose for a second consecutive month in April, after diving to a record low in February. According to the Commerce Department, new single-family home sales grew 7.3% on the month to an annual rate of 323,000 units, better than analysts had forecast. [...]

May 24, 2011 | 0 Comments More
US house prices continue to fall

US house prices continue to fall

The Standard & Poor’s/Case-Shiller composite index of 20 metropolitan areas fell in January – the seventh consecutive monthly decline. According to the index, house prices were 0.2% lower in January with prices at their lowest for 11 years in four cities. The S&P/Case-Shiller index for 20 main US cities fell by 3.1% on an annual [...]

March 29, 2011 | 0 Comments More
US retail sales up 1% in February

US retail sales up 1% in February

The Commerce Department revealed US retail sales grew strongly in February - representing the eighth consecutive monthly rise. According to the Commerce Department, sales grew 1% in February - higher than January’s revised 0.7%. However, economists had expected sales to moderate as consumers are hit by soaring petrol prices. The turmoil in the Middle East [...]

March 13, 2011 | 0 Comments More
UK car sales continue downward trend

UK car sales continue downward trend

The Society of Motor Manufacturers and Traders (SMMT) has revealed UK car sales fell by 7.7% in February compared with the same month in 2010. However, traditionally February is a quiet month for the car industry, with many waiting for the new number plate in March. The continuous fall in sales was expected due to [...]

March 10, 2011 | 0 Comments More
German retail sales up second month in a row

German retail sales up second month in a row

Federal Statistical Office, Destatis, has today revealed German retail sales grew for a second consecutive month in January. According to Destatis, retail sales rose 2.6% in January on an annual basis - boosted by falling unemployment. Earlier this week, the Federal Labour Office said there was a further fall in the number of people out [...]

March 3, 2011 | 0 Comments More
Hometrack: House prices fall eighth consecutive month

Hometrack: House prices fall eighth consecutive month

According to housing intelligence group, Hometrack, house prices in England and Wales fell for the eighth consecutive month in February. According to Hometrack, house prices fell by 0.2% on the month - however, this was the smallest decline for six months. On an annual basis, meanwhile, house prices were 2.7% lower in February - the [...]

March 3, 2011 | 0 Comments More
Hometrack: House prices fall seventh consecutive month

Hometrack: House prices fall seventh consecutive month

According to housing intelligence group, Hometrack, house prices in England and Wales fell for the seventh consecutive month in January. According to Hometrack, house prices fell by 0.5% on the month to £153,600. On an annual basis meanwhile, house prices were 2.2% lower in January. Hometrack believes that house prices will continue to fall, in [...]

January 27, 2011 | 0 Comments More
US house prices continue to fall

US house prices continue to fall

The Standard & Poor’s/Case-Shiller composite index of 20 metropolitan areas fell in November - the fifth consecutive monthly decline, albeit a smaller drop than expected. According to the index, house prices were 0.5% lower in November on the month and followed October’s decline of 1%. November’s level was just 1.2% higher than the 90-month low [...]

January 25, 2011 | 0 Comments More
Bank of America posts $1.2bn loss in Q4

Bank of America posts $1.2bn loss in Q4

The Bank of America has today reported its second consecutive quarterly loss - primarily due to the writedown of its mortgage business, Countrywide. The bank, which is the largest in the US by assets, today disappointed analysts with a fourth quarter net loss of $1.24 billion (£775 million), compared with a $5.2 billion loss a [...]

January 21, 2011 | 0 Comments More
US retail sales rise in December

US retail sales rise in December

The Commerce Department has revealed US retail sales grew for the sixth consecutive month in December. Sales grew by 0.6% on the month - although this was less than the 0.8% expected by analysts. December’s increase was less than in the previous two months, as retailers started their sales early, while parts of the country [...]

January 14, 2011 | 0 Comments More
US consumer spending rises for fifth consecutive month

US consumer spending rises for fifth consecutive month

According to the Commerce Department, consumer spending in the US rose 0.4% in November compared with the previous month. The rise represented the fifth consecutive monthly gain, raising hopes that the world’s largest economy is on the road to recovery. Consumer spending makes up for more than two-thirds of overall economic activity in the US [...]

December 24, 2010 | 0 Comments More
Iceland finally emerges from recession

Iceland finally emerges from recession

Iceland has finally emerged from recession after its economy contracted for seven consecutive quarters. Official figures today from Statistics Iceland revealed the economy grew by 1.2% in the July to September period. However, on an annual basis, the economy shrank by 1.6%. The once-thriving financial sector collapsed in October 2008 which led to three of [...]

December 7, 2010 | 0 Comments More
UK car sales continue downward trend in November

UK car sales continue downward trend in November

The Society of Motor Manufacturers and Traders (SMMT) has today announced UK car sales fell by 11.5% in November compared with the same month in 2009. It represents the fifth consecutive monthly fall and came despite the forthcoming VAT hike, which was expected to boost sales towards the end of the year. The SMMT said [...]

December 6, 2010 | 0 Comments More
Hometrack: House prices fall for fifth consecutive month in November

Hometrack: House prices fall for fifth consecutive month in November

According to housing intelligence group, Hometrack, house prices in England and Wales fell for the fifth consecutive month in November. According to Hometrack, house prices fell by 0.8% on the month in November to £155,000. The ongoing fall in values continues to be the result of a higher level of instructions on the market and [...]

November 29, 2010 | 0 Comments More
Japanese deflation worries persist

Japanese deflation worries persist

Official figures today showed the Japanese economy continues to battle with deflation. Figures revealed Japanese core consumer prices fell 0.6% in October compared with a year ago – representing the 20th consecutive monthly decline that the economy has been in deflation. Last month, the Bank of Japan cut interest rates to almost zero. The move [...]

November 26, 2010 | 0 Comments More
US retail sales surge in October

US retail sales surge in October

The Commerce Department has revealed US retail sales grew by a better than expected 1.2% last month - this followed an increase of 0.7% in September. The rise, which was the fourth consecutive monthly gain, was fuelled by an increase in car sales. Retail sales figures are closely watched because consumer spending accounts for approximately [...]

November 16, 2010 | 0 Comments More
UK car sales continue downward trend

UK car sales continue downward trend

The Society of Motor Manufacturers and Traders (SMMT) has today announced UK car sales fell by 22.2% in October compared with the same month in 2009. It represents the fourth consecutive monthly fall but was expected due to the withdrawal of the scrappage scheme. The SMMT said the number of new cars sold in the [...]

November 4, 2010 | 0 Comments More
Mortgage approvals continue to fall

Mortgage approvals continue to fall

The Bank of England has revealed mortgage approvals fell for the fifth consecutive month in September. According to the Bank, there were 47,474 loans granted in the month - the lowest level since February. The figure continues to be well below the 60,000 reached in November 2009 as buyers took advantage of the stamp duty [...]

October 31, 2010 | 0 Comments More