Tagged: economic activity

June 24, 2025 @ 1:05 am By Omar Faridi  |  

More parts of the economy saw higher activity levels in May, according to the latest UK Sector Tracker from Lloyds. Four of the 14 sectors monitored by the Tracker “grew in May – two more than in April.” Software services “expanded at the fastest pace… Read More

June 24, 2025 @ 12:51 am By Omar Faridi  |  

The Bank of England (BoE) has recently made significant strides in enhancing transparency, reinforcing global financial standards, and advancing its economic forecasting capabilities. These efforts reflect the central bank’s commitment to fostering trust, stability, and precision in its operations amid a complex economic landscape. In… Read More

June 20, 2025 @ 8:39 am By Omar Faridi  |  

The European Central Bank (ECB) has recently released a series of updates that provide critical insights into the euro area’s economic trajectory, reflecting shifts in wage growth, environmental commitments, and structural changes in the banking sector. These announcements underscore the ECB’s ongoing efforts to maintain… Read More

June 19, 2025 @ 3:54 pm By Omar Faridi  |  

Following the ongoing recession, the latest European Economic Outlook from KPMG signals a moderate recovery for the German economy in 2026, with real gross domestic product (GDP) expected to grow by 1.1% – the first noticeable upturn in four years. This year, it is likely… Read More

June 19, 2025 @ 3:09 am By Omar Faridi  |  

In a statement addressing the latest inflation figures, Yael Selfin, Chief Economist at KPMG UK, highlighted the growing uncertainty surrounding the UK’s inflation trajectory, driven by escalating geopolitical tensions in the Middle East. The recent surge in energy prices, with oil prices climbing over 13%… Read More

June 14, 2025 @ 12:40 pm By Omar Faridi  |  

In today’s financial landscape, Citigroup’s insights shed light on two critical areas shaping global markets: the transformation of asset servicing and the economic dynamics of Asia’s export-driven economies. These reports offer a look into the forces driving post-trade operations and the potential risks facing Asia’s… Read More

June 13, 2025 @ 12:28 pm By Omar Faridi  |  

Yael Selfin, Chief Economist at KPMG UK noted that the rise in pay growth expected to be short lived as labour market “faces headwinds.” Yael Selfin from KPMG UK added that while unemployment rose to 4.4%, it remained “fairly low in the three months to November.”… Read More

June 12, 2025 @ 12:17 pm By Omar Faridi  |  

The global economy stands at a crossroads, with mounting challenges like trade tensions, policy uncertainty, and rising public debt reshaping the financial landscape. Key updates from the International Monetary Fund (IMF) highlight critical strategies for navigating these turbulent times: fostering a united Europe to bolster… Read More

June 12, 2025 @ 8:18 am By Omar Faridi  |  

NatWest Regional Growth Tracker showed renewed increases in business activity across several parts of the UK, alongside a general revival of firms’ growth expectations for the coming year. The Tracker – which surveyed businesses operating in the manufacturing and services sectors across 12 regions of… Read More

June 5, 2025 @ 11:11 pm By Omar Faridi  |  

In a rapidly evolving global economic landscape, understanding U.S. trade policy and its implications is critical for investors, businesses, and policymakers. The Citi Institute’s recent update, part of its Invest USA series, offers a deep dive into the current U.S. tariff regime, ongoing trade negotiations,… Read More

June 5, 2025 @ 10:37 pm By Omar Faridi  |  

The UK economic outlook could brighten over the next two years as the economy stands to benefit from easing trade tensions and lower uncertainty arising from potential trade agreements with some of its key trading partners according to KPMG’s European Economic Outlook. A temporary pick… Read More

May 31, 2025 @ 3:11 pm By Omar Faridi  |  

Sweden’s central bank, Sveriges Riksbank, highlighted growing concerns over global financial stability driven by sharp shifts in U.S. trade and security policies. These abrupt changes have triggered significant market volatility and heightened uncertainty, posing risks to both Swedish and global financial systems. Coupled with this,… Read More

March 30, 2025 @ 7:57 pm By Omar Faridi  |  

Three in five people say that the UK economy is worsening, leading even consumers feeling financially secure to cut back on spending, according to the latest quarterly Consumer Pulse survey from KPMG in the UK. The number of people feeling that the UK economy is… Read More

February 1, 2025 @ 6:03 pm By Omar Faridi  |  

Bank of Ireland’s latest economic forecasts for Ireland have been revised upwards. The bank has revised upwards projections “for GDP (4.3%), modified domestic demand (4%) and employment (2.2%) growth in 2025.” This reflects stronger than expected data for H2 2024, showing the Irish economy had… Read More

January 21, 2025 @ 8:21 am By Omar Faridi  |  

The number of UK sectors reporting falling output rose to 11 in December 2024, up from eight in November, and the highest number since September 2023, according to data from the latest Lloyds UK Sector Tracker. The number of sectors with growing demand was “one… Read More

January 17, 2025 @ 10:26 am By Omar Faridi  |  

Yael Selfin, Chief Economist at KPMG UK noted that the UK economy emerges from downturn while “risks of further headwinds rise.” Yael Selfin from KPMG also mentioned the UK GDP returned to growth after two consecutive months of decline, with “growth potentially accelerating in 2025.” They… Read More

January 13, 2025 @ 10:39 am By Omar Faridi  |  

The IMF has shared an update / analysis on how artificial intelligence will affect Asia’s economies. According to the blog post from the IMF, AI may widen inequality, but policymakers can “counteract this with more effective social safety nets, reskilling programs, and regulations to promote… Read More

January 8, 2025 @ 3:50 pm By Omar Faridi  |  

As the UK looks ahead to more growth in 2025, the year may potentially bring renewed challenges from a relatively higher pace of inflation, increased trade frictions, and a “heightened state of economic uncertainty.” This, according to an update from KPMG. The ultimate impact will… Read More

January 2, 2025 @ 8:13 am By Omar Faridi  |  

Standard Chartered (LON: STAN) expects global economic growth, led by nations such as the UK, China, and the US, to be broadly flat in 2025, slowing slightly to 3.1% from 3.2% in 2024. This, following the recent US elections. Standard Chartered noted in its detailed… Read More

December 18, 2024 @ 8:57 am By Omar Faridi  |  

KPMG UK has commented on the recently released UK GDP data. Yael Selfin, Chief Economist at KPMG UK, noted: “GDP growth stalls amid growing uncertainty. GDP growth remained disappointing, showing no progress for five consecutive months, due to weaker activity across a broad swathe of the… Read More