Business Diary: Economic Indicators - February 2012
1st
UK Manufacturing PMI rises to 52.1 in January 2012
PMI for the eurozone rises to 48.8 in January 2012
Property Indexes
UK house prices decline by 0.2% in January 2012
Start Date: 1st February 2012
2nd
A construction survey shows growth dropped to 51.4 in January.
3rd
UK Services PMI rises from 54 to 56 in January 2012, indicating growth.
Eurozone Services PMI rises from 48.8 to 50.4 in January 2012
UK’s tourism industry suffered a 7% hit during the 2008/9 recession.
6th
UK house prices rise 0.6% in January 2012.
Retail Statistics
UK high street sales grow 0.2% year on year for January 2012.
7th
UK year-on-year retail sales down 0.3% in January 2012.
8th
The Euro hits an eight-week high against the US dollar.
Overall shop price inflation fell to 1.4% in January 2012.
UK PC market suffered worst decline in five years in last quarter of 2011.
German exports reach €1tn for the first time.
UK internet economy is worth £82bn to the country.
9th
UK trade deficit shrank to smallest since 2003 in December 2012.
Private sector pay growth decreased to 2.0% in Q4 of 2011.
Start Date: 9th February 2012
Properties repossessed in 2011 was the lowest since 2007.
Properties with buy-to-let mortgages rose to 84,000 in 2011.
10th
The European Central Bank benchmark interest rate remains at 1.0%.
German inflation remained at 2.1% in January 2012.
UK construction saw an output quarterly growth of 0.9%.
Home sales of manufactured products rose by 4.1% in January 2012.
13th
Growth forecast of 0.9% in 2012 and 2% next year.
Economic Statistics
UK banks miss SME lending target by £1.1bn last year.
14th
ONS statistics for January 2012.
UK government offers only 12% of contracts to SMEs
15th
Scottish retail sales for January 2012 down 1.5% year on year
UK unemployment rises by 48,000 in Q4 of 2011.
16th
Growth of 0.7% in January 2012 due to demand increase for cars
Rises to 64.6 for men and 62.3 for women
17th
UK retail sales rise by 0.9% in January 2012
Average rent in England and Wales rises by 0.1% in January 2012
UK car manufacturing rises by 15.6% in January 2012 to 127,382
UK petrol and diesel prices rise by more than 1p in January 2012
Start Date: 17th February 2012
20th
Reach eight month high in February to more than $120 per barrel
Figures rise 10% year on year in January 2012 to £10.5bn
House prices rise 4.1% month-on-month in February 2012.
UK retail footfall from November to January up 1.8% year on year
21st
UK public finance sees surplus of £7.75bn for January 2012
Up 12,000 in January 2012 year-on-year to 64,000.
23rd
Japanese yen falls to seven month low against the US dollar
Short-term migrants entering the UK were vastly outnumbered by emigrations leaving the country in 2010
Sector activity shrank unexpectedly in February 2012 to 49.4
PPI payments hit £1.9bn in 2011
Prediction that eurozone economy will contract by 0.3% in 2012
24th
UK economy shrank 0.2% in Q4 2011 revised data confirms
Start Date: 24th February 2012
Average farmland price per acre rises to £6,514.
27th
Just 5.5% of sickness benefit claimants were helped back to work between May and October last year
Rate of UK insolvencies drops to 0.07 per cent in January 2012
Business Confidence - Risks
UK restaurant insolvencies rise by 31% during the last three months of 2011
28th
Service sector weakens in three months to the end of January 2012.
106,193 new complaints in the last six months of 2011.
Tax contribution from UK's biggest companies rises 14% to £67.7bn
Acquisitions of entrepreneurial businesses fall by 18% in 2011
29th
European Central Bank provides £530bn to EU banks
30,000 foreign workers enter UK under company transfer schemes
