Money Minute Friday 29 November: UK house prices, newspaper results and eurozone inflation

For more like this, sign up to Money Morning, our free daily email.
In the UK this morning, we get the latest reading on house prices from Nationwide.

In October, annual house price growth came in at just 0.4%, although that was slightly higher than in September. There have been hints of stabilisation in the market recently. But with the pending general election likely to hit activity in the very short-term, prices are unlikely to rebound rapidly if at all.
On the corporate front, we’ll get an insight into the state of the print press as Daily Mirror and Daily Star publisher Reach – formerly known as Trinity Mirror – releases a trading update.
In the eurozone, we get the October figures for unemployment across the region. In September, unemployment came in at 7.5% and it’s expected to have stayed at that level last month too.
There’s also the latest inflation data. Inflation remains particularly weak in the eurozone, hovering at an annual rate of around or below 1%.

Leave a Reply

Your email address will not be published. Required fields are marked *