Howard Archer
Howard Archer
coming correction doubts following house january latter limited marked months price prices rises sharp strong sustained
The limited correction in the Halifax house price index in January following the marked rises during the latter months of 2005 reinforces our strong doubts that house prices will see sustained sharp rises over the coming months.
deficit dragged fifth oil overall performance reduced successive surplus trade
The overall trade performance was dragged down by a fifth successive deficit in oil trade and a reduced surplus in services.
chain data effects energy following headline high inflation limiting oil pressures price producer strong supply welcome
Following the higher-than-expected headline producer price inflation data for January... (Tuesday's data) is welcome reassurance that strong competitive pressures through the supply chain are still limiting the pass-through effects of high oil and energy prices.
data gains house prices provides sharp support sustain time unable view
The Nationwide data provides support for our long-held view that house prices will be unable to sustain sharp gains for some time to come.
bank certainty england hold interest rates seems steady
It seems a nailed-on certainty that the Bank of England will hold interest rates steady on Thursday,
annual base due effects fall headline inflation march oil output price prices primarily producer reflecting rise sharp year
The fall in headline annual producer output price inflation in March was primarily due to base effects reflecting the particularly sharp rise in producer prices a year ago as oil prices surged.
belief consumer february fourth performance quarter relatively seen spending strong survey sustain unable
The February CBI survey reinforces our belief that consumer spending will be unable to sustain the relatively strong performance seen in the fourth quarter of 2005.
consumer economic european hard improvement link marked past spending weak
The consumer is the weak link in the European economic upturn story. We're past the worst, but it's hard to see a marked improvement in spending coming.
believe coming debt earnings given house increased increases levels price relatively
We believe house price increases will be relatively muted over the coming months, given affordability constraints, increased debt levels and muted earnings growth.