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To hike or not to hike? Bank of England’s great dilemma

05/30/2023

On May 11, the Bank of England (BoE) decided to raise its key interest rate for the 12th time in a row, bringing it to 4.5%. At its latest meeting, the BoE stated that it would stay the course to ensure that inflation returned to 2%, and did not rule out further hikes if there are signs of persistent inflation. The latest figures show a slowdown in headline inflation, from 10.1% in March to 8.7% in April, but core inflation reached its highest level in 30 years.
Read our press release to learn more.

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Coface pledges to shrink its carbon footprint

05/25/2023

Coface has set clear social and environmental responsibility (CSR) goals, especially for direct and indirect greenhouse gas emissions, with the first milestone in 2025.

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Coface records a very good start to the year with a net income of €61.2m

05/25/2023

Coface releases its Q1-2023 financial results: a very good start to the year with a net income of €61.2m.

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Companies in China report shorter payment delays in 2022 and expect higher economic growth in 2023

05/23/2023

Coface’ survey shows that fewer firms encountered payment delays in 2022. 40% of respondents reported overdue, down from 53% in 2021. The average payment delay was shortened from 86 to 83 days in 2022. More information here and in our publication.

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Decreasing inflation, decreasing margins?

05/23/2023

While one might have expected that the sharp rise in commodity prices over the past two years would have lowered corporate margins, the opposite has occurred: since the end of 2020, the margin rate of non-financial companies has risen by more than one point in the euro zone. Read the article by our Chief Economist Jean-Christophe Caffet.

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