U.K. construction growth unexpectedly slowed to a seven-month low in May as commercial and house building moderated in tandem with a cooling property market.
A U.K. manufacturing index unexpectedly increased in September from a 26-month low as producers attempted to clear backlogs of orders.
Puma SE, Europe’s second-biggest sporting-goods maker, surged to a seven-month high in Frankfurt trading amid speculation PPR SA plans to increase its stake in the company.
A U.K. manufacturing index fell to a 28-month low in October as new orders decreased, adding to concerns the economy returned to stagnation in the fourth quarter.
A U.K. index of services growth unexpectedly rose in September as the economy showed signs of resilience before Prime Minister David Cameron implements the deepest spending cuts since World War II.
U.K. construction unexpectedly accelerated in October to the fastest pace in six years, led by homebuilding.
U.K. services expanded for a 14th month in February as an index of employment rose and confidence increased to the highest level since September 2009.
U.K. construction shrank less than economists forecast in April as homebuilding strengthened, Markit Economics said.
U.K. construction growth accelerated to the fastest in three years and house prices increased to the highest since 2008 as government measures boosted property demand.
"There was a lot of talk that many investors had made the allocation for the withdrawal, and maybe Fiat would be bullied into raising the 500 million-euro cap."
- David Noble on Aug 13, 2014