Jun
19
International Monetary Fund
Filed Under Definitions | Comments Off
The International Monetary Fund (IMF) is an organization of 188 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
May
22
PURCHASING MANAGER INDEX SERVICES
Filed Under Currency UK resources, Definitions | Comments Off
The PMI service released by the Markit Economic is an indicator of the economic situation in the Euro Zone services sector. It captures an overview of the condition of sales and employment. It is worth noting that the service sector does not influence, either positively or negatively, the GDP as much as the PMI manufacturing does.
It [...]
May
22
CONSUMER PRICE INDEX
Filed Under Definitions | Comments Off
The Consumer Price Index is a measure of price movements by the comparison between the retail prices of a representative shopping basket of goods and services. The purchase power of GBP is dragged down by inflation. The CPI is a key indicator to measure inflation and changes in purchasing trends. Generally, a high reading is [...]
May
21
Public Sector Net Borrowing
Filed Under Definitions | Comments Off
The Net Borrowing released by the National Statistics captures an amount of new debt held by the U.K. governments (the financial deficit in the UK national accounts). Generally speaking, if the Net Borrowing is negative, it means the UK Accounts are surplus, and that should be positive for the GBP. While a deficit is [...]