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[InstaForex Gertrude]

UK GfK Consumer Confidence Remains Stable In November

UK consumer sentiment remained unchanged in November, survey results from the market research group GfK showed Friday.

The consumer sentiment index held steady at -14. The score matched economists' expectations.

"In the face of Brexit and election uncertainty, consumers are clearly in a 'wait-and-see' mode," Joe Staton, client strategy director at GfK, said.

"The general election is potentially an opportunity to move us out of the doldrums - but for this to happen there must be a clear result," Staton added. "A hung parliament could be very damaging for consumer confidence and would surely deepen the obvious malaise that we see month after month."

Among sub-indices, the index measuring changes in personal finances over the last twelve months decreased one point to zero. The forecast for personal finances was unchanged at +1 in November.

The measure for the past general economic situation of the country fell one point to -34. Expectations for the general economic situation over the next 12 months gained three points to -34.

The major purchase index dropped one point to zero in November. Likewise, the savings index decreased three points to +18.

News are provided by InstaForex

[IFX Yvonne]

Ireland Manufacturing Sector Deteriorates In November



Ireland's manufacturing sector contracted in November, survey data from IHS Markit showed on Monday.

The seasonally adjusted AIB factory Purchasing Managers' Index, or PMI, fell to 49.7 in November from 50.7 in October. However, any reading below 50 indicates contraction in the sector.

Inflows of total new business increased in November but the rate of expansion eased slightly from the previous month, while export sales declined further.

Employment fell for the first time since September 2016 and stocks of finished goods increased for the sixth month in a row.

Purchasing activity fell in November for the sixth time in the past seven months amid a decline in per-production inventories.

Backlogs decreased further in November, with the rate of backlog depletion quickened from October.

Input price inflation was the sharpest in seven months, while the rate of output charge inflation eased in November.

Sentiment among manufacturers improved to the highest level in five months in November, the survey showed.