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In April, house prices in the UK rose by 1.1% compared to March, Rightmove informs. Compared with April last year, the price of homes in the country fell by 0.1%. The average selling price of a home was £305,450. It is noted that houses for families with children still remain the most popular market segment. The cost of this type of housing, which implies the presence of three or four bedrooms, grew on average by 0.7% in annual terms. As stated by the head of Rightmove, Miles Shipside, the delay that the European Union provided to the UK until October 31 of this year in order to finally agree on the terms of Brexit could have a beneficial effect on the mood of British buyers, increasing demand for real estate in the country.
June had seen Japan’s wholesale prices dropping slower than May’s historic decline. This followed as commodity costs advanced and some of the virus-driven deflationary pressure eased on a rebound monitored in Chinese demand. The ...
China saw its factory gate data for June perform better than expected on Thursday morning. However, persistent deflation indicated that the impact from the COVID-19 pandemic still continues to linger. The data, released by the National Bureau ...
Mexico’s economy is likely to have shrunk by 17% in April, finance minister Arturo Herrera told local broadcaster W Radio on Thursday. However, he reassured that the economy could shrink “a little less” in May as lockdown ...
German imports and exports took a huge hit in April, revealing a record plunge since 1990 after the COVID-19 pandemic severely disrupted demand and supply. The data on Tuesday added to the bleak outlook for the biggest economy in Europe. Many ...
Germany took another step back to its road to economic recovery after it posted its lowest industrial production output in April amid the crisis of the coronavirus pandemic. Europe’s largest economy is up to another downhill trajectory ...
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