Money Minute Friday 29 November: UK house prices, newspaper results and eurozone inflation
Today's Money Minute looks to the latest reading on house prices from Nationwide, plus results from newspaper publisher Reach, and inflation in the eurozone.
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.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
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%.
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Energy bills to rise by 1.2% in January 2025
Energy bills are set to rise 1.2% in the New Year when the latest energy price cap comes into play, Ofgem has confirmed
By Dan McEvoy Published
-
Should you invest in Trainline?
Ticket seller Trainline offers a useful service – and good prospects for investors
By Dr Matthew Partridge Published