Meanwhile, house prices rose the most on a year-over-year basis since 2007:
And the manufacturing PMI rose more than expected to 57.3 from 55.3:
Thursday, May 1, 2014
No Need for 'Mayday' in U.K. Economic Data
Today's economic data releases out of the U.K. were largely positive. While mortgage approvals have fallen back a bit from January highs, many see this as a welcome sign that the housing market is not overheating:
Meanwhile, house prices rose the most on a year-over-year basis since 2007:
And the manufacturing PMI rose more than expected to 57.3 from 55.3:
Meanwhile, house prices rose the most on a year-over-year basis since 2007:
And the manufacturing PMI rose more than expected to 57.3 from 55.3: