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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Rightmove house price index rose in May
In the UK, the Rightmove house price index advanced 1.20% on a MoM basis, in May. The Rightmove house price index had registered a rise of 1.10% in the prior month.
UK CBI trends selling prices unexpectedly slid in May
In May, CBI trends selling prices in the UK unexpectedly dropped to a level of 23.00, lower than market expectations of an unchanged reading. CBI trends selling prices had recorded a reading of 29.00 in the prior month.
Rightmove house price index advanced in May
The Rightmove house price index rose 3.00% on an annual basis, in May, in Null. In the previous month, the Rightmove house price index had advanced 2.20%.
UK balance of firms reporting total order book above normal surprisingly advanced in May
The balance of firms reporting total order book above normal climbed unexpectedly to a level of 9.00 in May, in the UK, higher than market expectations of a steady reading. In the prior month, the balance of firms reporting total order book above normal had registered a reading of 4.00.
Euro-zone current account surplus widened in March
The non-seasonally adjusted current account surplus in the Euro-zone rose to €44.80 billion in March, following a revised current account surplus of €27.80 billion in the prior month.
Euro-zone current account surplus dropped in March
The seasonally adjusted current account surplus in the Euro-zone dropped to €34.10 billion in March. The Euro-zone had posted a revised current account surplus of €37.80 billion in the prior month.
Euro-zone consumer confidence index climbed in May
The preliminary consumer confidence index advanced to -3.30 in the Euro-zone, in May, compared to market expectations of a rise to a level of -3.00. The consumer confidence index had registered a reading of -3.60 in the previous month.
German PPI advanced more than expected in April
In April, the producer price index (PPI) in Germany, registered a rise of 0.40% on a monthly basis, more than market expectations for a rise of 0.20%. The PPI had recorded a flat reading in the prior month.
German PPI advanced more than expected in April
In Germany, the PPI climbed 3.40% on a YoY basis in April, higher than market expectations for a rise of 3.20%. The PPI had registered a rise of 3.10% in the prior month.
Italian current account surplus widened in March
Italy has registered current account surplus of €3.12 billion in March, compared to a current account surplus of €1.19 billion in the previous month.
Canadian retail sales rose more than expected in March
Retail sales in Canada climbed 0.70% on a MoM basis in March, more than market expectations for a rise of 0.30%. In the previous month, retail sales had recorded a revised drop of 0.40%.
Canadian CPI advanced as expected in April
In April, the consumer price index (CPI) advanced 1.70% on an annual basis in Canada, compared to a rise of 1.60% in the prior month. Markets were expecting the CPI to advance 1.70%.
Canadian CPI climbed in April
In April, the CPI in Canada climbed, on MoM basis, to a level of 130.40. In the prior month, the CPI had recorded a level of 129.90.
Canadian CPI rose less than expected in April
The CPI in Canada advanced 0.40% on a MoM basis in April, compared to a rise of 0.20% in the previous month. Markets were anticipating the CPI to rise 0.50%.
Canadian retail sales (ex-autos) unexpectedly dropped in March
On a MoM basis, retail sales (ex-autos) in Canada unexpectedly eased 0.20% in March, lower than market expectations for a rise of 0.20%. In the prior month, retail sales (ex-autos) had recorded a revised flat reading.
Japanese imports advanced more than expected in April
In April, imports in Japan recorded a rise of 15.10% on an annual basis, higher than market expectations for a rise of 14.80%. In the prior month, imports had risen 15.80%.
Japanese merchandise (total) trade surplus dropped in April
In April, merchandise (total) trade surplus in Japan narrowed to ¥481.70 billion, compared to a revised merchandise (total) trade surplus of ¥614.00 billion in the previous month.
Japanese adjusted merchandise trade surplus dropped in April
Japan has registered adjusted merchandise trade surplus of ¥97.60 billion in April, from a revised adjusted merchandise trade surplus of ¥106.40 billion in the previous month.
Japanese exports advanced less than expected in April
On a YoY basis in Japan, exports climbed 7.50% in April, lower than market expectations for an advance of 8.00%. Exports had advanced 12.00% in the previous month.
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