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10/06/2002
UK manufacturing goods price rise
The Office for National Statistics (ONS) have said that goods manufactured in the UK fetched slightly higher prices in May.
The ONS said the price of goods leaving factory gates rose by 0.3% in May thanks to increases in tobacco, petroleum and other manufactured goods prices, however the annual rate fell to just 0.1%.
While the figures were slightly stronger than expected, experts have said they didn't believe this would lead to a hike in interest rates because price inflation for factory output has been close to zero for a number of years.
Crude oil prices, meanwhile, which are a key component of goods price inflation, have been declining in recent weeks. The ONS said crude oil prices fell 1.2% last month from April, the first monthly fall since December last year.
Oil prices on world markets have also slipped below $24 a barrel from more than $27 a barrel just three months ago.
(MB)
The ONS said the price of goods leaving factory gates rose by 0.3% in May thanks to increases in tobacco, petroleum and other manufactured goods prices, however the annual rate fell to just 0.1%.
While the figures were slightly stronger than expected, experts have said they didn't believe this would lead to a hike in interest rates because price inflation for factory output has been close to zero for a number of years.
Crude oil prices, meanwhile, which are a key component of goods price inflation, have been declining in recent weeks. The ONS said crude oil prices fell 1.2% last month from April, the first monthly fall since December last year.
Oil prices on world markets have also slipped below $24 a barrel from more than $27 a barrel just three months ago.
(MB)
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16 April 2004
Tesco to sustain price war
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Tesco has today declared that the high street and shopping mall food retail sector will remain a price war zone. Matching a January price cutting spree, Tesco will dig into its coffers to the tune of £70 million to maintain price cuts and keep up sustained pressure on rival retailers.
03 August 2001
Halifax report house price rises dip in July
Rampant house price rises at the start of the year have shown their first dip according to a new survey released by the Halifax. In July the average house price rise dropped off to 0.7 percent, which has been interpreted as the first sign that the early year rises of almost 11 per cent may be tailing off.
Halifax report house price rises dip in July
Rampant house price rises at the start of the year have shown their first dip according to a new survey released by the Halifax. In July the average house price rise dropped off to 0.7 percent, which has been interpreted as the first sign that the early year rises of almost 11 per cent may be tailing off.
04 August 2011
RICS Highlights Construction Contraction
The divergence in performance between the construction sector in Northern Ireland and in other parts of the UK grew further in the second quarter of the year. This is according to the Royal Institute of Chartered Surveyors (RICS) Construction Market Survey for the second quarter of 2011.
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10 December 2001
Further falls in price of UK manufactured goods
The Office of National Statistics have produced a report which shows that the price of goods manufactured in the UK have fallen in the last month. Between October and November the UK producer prices fell by 0.4 per cent, compared with a fall of 0.2 per cent between September and October.
Further falls in price of UK manufactured goods
The Office of National Statistics have produced a report which shows that the price of goods manufactured in the UK have fallen in the last month. Between October and November the UK producer prices fell by 0.4 per cent, compared with a fall of 0.2 per cent between September and October.
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
