Tag: contraction
German economy facing sharp contraction after Brexit and Covid double-whammy
Posted: March 22, 2021 at 10:13 am / Entertainment
GERMANY’s economy is facing a sharp contraction as a result of ongoing coronavirus restrictions coupled with the collateral damage caused by Brexit, a new Bundesbank analysis has warned. Daily Express :: News Feed
Pound euro exchange rate: Sterling rises despite contraction of UK construction sector
Posted: March 4, 2019 at 9:22 am / Business
This morning, the pound rose by nearly 0.6 percent against the euro, and the pairing is currently trading at around €1.167. Data revealed this morning that construction activity in the UK declined for the first time in 11 months as the Markit construction PMI slipped into contraction territory, sliding from 50.6 to 49.5 with housing […]