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Guardian Stockbrokers Key Economic News Monday 15 October 2018

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The key points from today’s economic news, brought to you by Guardian Stockbrokers.

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UK Rightmove house price index climbed in October

In the UK, the Rightmove house price index registered a rise of 1.00% on a MoM basis, in October. In the prior month, the index had registered a rise of 0.70%.

Euro-zone industrial production advanced more than expected in August

In the Euro-zone, the seasonally adjusted industrial production recorded a rise of 1.00% in August, on a monthly basis, higher than market expectations for a rise of 0.50%. In the prior month, industrial production had fallen by a revised 0.70%.

German CPI advanced as expected in September

On a MoM basis, in Germany, the final consumer price index (CPI) rose 0.40% in September, in line with market expectations. In the prior month, the CPI had recorded a rise of 0.10%.

US Reuters/Michigan consumer sentiment index surprisingly dropped in October

In the US, the flash Reuters/Michigan consumer sentiment index registered an unexpected drop to a level of 99.00 in October, compared to a reading of 100.10 in the previous month. Markets were anticipating the index to rise to a level of 100.50.

US import price index rose more than expected in September

The US import price index rose 3.50% on an annual basis in September, higher than market expectations for a rise of 3.10%. In the prior month, the index had advanced 3.70%.

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