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Energy costs bump US consumer inflation higher in March

Energy costs bump US consumer inflation higher in March A jump in US fuel and electricity costs drove consumer prices higher in March but underlying trends still pointed to tame inflation pressures, according to government data released today. The fresh sign that inflation remains subdued – despite steady job creation and falling unemployment – will […]

Energy costs bump US consumer inflation higher in March

Energy costs bump US consumer inflation higher in March A jump in US fuel and electricity costs drove consumer prices higher in March but underlying trends still pointed to tame inflation pressures, according to government data released today. The fresh sign that inflation remains subdued – despite steady job creation and falling unemployment – will […]

Housebuilding boosts ‘robust’ construction growth

Housebuilding boosts ‘robust’ construction growth Construction sector output remained strong in March, and was led by housebuilding for the third month in a row, according to the latest industry figures. Ulster Bank’s construction industry purchasing managers index (PMI) tracks output and sentiment among hundreds of managers month to month. The latest PMI reading of 55.9 […]

Housebuilding boosts ‘robust’ construction growth

Housebuilding boosts ‘robust’ construction growth Construction sector output remained strong in March, and was led by housebuilding for the third month in a row, according to the latest industry figures. Ulster Bank’s construction industry purchasing managers index (PMI) tracks output and sentiment among hundreds of managers month to month. The latest PMI reading of 55.9 […]

Euro zone banks toughen requirements for mortgage borrowers

Euro zone banks toughen requirements for mortgage borrowers Euro zone banks are toughening their requirements of prospective mortgage borrowers, a European Central Bank survey published today showed. Despite this demand for home purchase loans continued to swell in early 2019. Credit standards – the boxes house-hunters have to check to receive a mortgage – tightened […]

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