FTSE 100 Live: Stocks gain as inflation slows to 2.5%; Currys flags profit beat

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FTSE 100 Live: Stocks gain as inflation slows to 2.5%; Currys flags profit beat

//stocks-investing.news-articles.net/content/202 .. ation-slows-to-2-5-currys-flags-profit-beat.html

Published in Stocks and Investing on Wednesday, January 15th 2025 at 3:41 GMT by Investing

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

7.16am: Stocks seen bouncing as inflation slows London's blue chips were set for a boost on Wednesday after figures showed inflation slowed in December. Office for National Statistics figures on Wednesday showed the consumer price index rose by 2.5% in ...

2025-01-15 171 x 110 / 2937 Bytes

The article from Investing.com discusses the current state of the FTSE 100, focusing on several key economic indicators and corporate updates. Inflation remains a central concern, with investors and analysts closely watching the latest data to gauge the Bank of England's next moves on interest rates. The article highlights Vistry, a housebuilder, which has seen its shares rise after reporting robust trading and an increase in its full-year profit expectations, driven by strong demand in the housing market. Currys, an electrical retailer, is also mentioned, facing challenges from a cost-of-living crisis affecting consumer spending, yet it has managed to maintain its market position through strategic pricing and promotions. Hays, a recruitment firm, reported a slight dip in net fees but remains optimistic about future growth due to ongoing labor market tightness. The overall market sentiment is cautious, with investors balancing between economic recovery signals and persistent inflationary pressures.

Read the Full Investing Article at:
[ https://uk.investing.com/news/stock-market-news/ftse-100-live-inflation-in-focus-alongside-vistry-currys-and-hays-3874805 ]