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Quotations
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Howard Archer Quotes
«The consumer is the weak link in the European economic upturn story. We're past the worst, but it's hard to see a marked improvement in spending coming.»
Author: Howard Archer
«If this is confirmed, it will reinforce our suspicion that the December performance was inflated by many consumers opening their wallets to treat their families and themselves at Christmas having held back their spending over much of 2005.»
Author: Howard Archer
«The sector may see modest expansion in the first quarter of 2006, having been a major drag on overall growth in the fourth quarter.»
Author: Howard Archer
«No change was no surprise, given recent overall evidence of modestly stronger economic activity and a more robust housing market.»
Author: Howard Archer
«The limited correction in the Halifax house price index in January following the marked rises during the latter months of 2005 reinforces our strong doubts that house prices will see sustained sharp rises over the coming months.»
Author: Howard Archer
«We believe house price increases will be relatively muted over the coming months, given affordability constraints, increased debt levels and muted earnings growth.»
Author: Howard Archer
«With consumer price inflation below the 2% target level in both December and January and clearly below the levels forecast by the Bank of England in their November quarterly inflation report, a near-term interest rate cut suddenly looks a very real possibility again.»
Author: Howard Archer
«Following the higher-than-expected headline producer price inflation data for January... (Tuesday's data) is welcome reassurance that strong competitive pressures through the supply chain are still limiting the pass-through effects of high oil and energy prices.»
Author: Howard Archer
«The earnings data may encourage the Bank of England to hold off from cutting interest rates in the immediate future as March while it seeks sustained clear evidence that the pay settlements for 2006 are remaining contained (the early signs are that wage moderation is continuing). However, we believe that interest rates are likely to be trimmed by a further 25 basis points by May.»
Author: Howard Archer
«The immediate impression is that the inflation report is pretty neutral. It does little to encourage the view that the bank could trim rates in the immediate future.»
Author: Howard Archer
