January high street performance fails to pick up after disappointing December 1.42pm GMT Meanwhile US import prices climbed by more than expected in January, adding to the signs of increasing inflationary pressures.With increases in the cost of imported petrol and other goods, import prices climbed by 1% last month, compared to a 0.1% rise in December and expectations of a 0.6% increase. 1.36pm GMT More signs of strength in the US housing market.Housing starts in January came in at 1.326m units, up from a revised December figure of 1.209m and higher than the expected 1.234. December’s figure was initially given as 1.192m units.USA Housing Starts announcement – Actual: 1.326Mln, Expected: 1.234Mln pic.twitter.com/vx7s3mE9KV Continue reading…
Via: UK retail sales much lower than expected in January – business live

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