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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Rightmove house price index slid in August
In the UK, the Rightmove house price index recorded a drop of 0.90% in August on a MoM basis. The Rightmove house price index had advanced 0.10% in the previous month.
UK Rightmove house price index advanced in August
In the UK, the Rightmove house price index recorded a rise of 3.10% on an annual basis, in August. In the previous month, the Rightmove house price index had recorded a rise of 2.80%.
Euro-zone construction output slid in June
On a MoM basis, the seasonally adjusted construction output in the Euro-zone eased 0.50% in June. In the previous month, construction output had registered a revised drop of 0.20%.
Euro-zone current account surplus fell in June
The Euro-zone has posted the seasonally adjusted current account surplus of €21.20 billion in June, from a revised current account surplus of €30.50 billion in the prior month.
Euro-zone current account surplus rose in June
The Euro-zone has posted the non-seasonally adjusted current account surplus of €28.10 billion in June, compared to a revised current account surplus of €17.90 billion in the previous month.
German PPI unexpectedly climbed in July
On a MoM basis, the producer price index (PPI) registered an unexpected rise of 0.20% in Germany, in July, more than market expectations for a steady reading. The PPI had recorded a flat reading in the prior month.
German PPI rose more than expected in July
In July, the PPI registered a rise of 2.30% on a YoY basis in Germany, higher than market expectations for an advance of 2.20%. In the prior month, the PPI had advanced 2.40%.
Italian current account surplus expanded in June
In June, current account surplus in Italy rose to €5.26 billion. Italy had posted a current account surplus of €3.26 billion in the prior month.
US Reuters/Michigan consumer sentiment index rose in August
In August, the flash Reuters/Michigan consumer sentiment index rose to a level of 97.60 in the US, higher than market expectations of an advance to 94.00. In the prior month, the Reuters/Michigan consumer sentiment index had recorded a level of 93.40.
Canadian CPI rose as expected in July
The consumer price index (CPI) registered a rise of 1.20% on a YoY basis in Canada, in July, meeting market expectations. In the previous month, the CPI had recorded a rise of 1.00%.
Canadian CPI remained steady in July
The CPI remained steady, on monthly basis, to a level of 130.40 in Canada, in July, meeting market expectations 130.40. In the previous month, the CPI had recorded a similar reading.
Canadian CPI rose in July
In Canada, the seasonally adjusted CPI advanced 0.20% on a monthly basis, in July. CPI had registered a flat reading in the previous month.
Canadian CPI remained unchanged in July
On a MoM basis, the CPI in Canada remained unchanged in July, at par with market expectations. In the prior month, the CPI had registered a drop of 0.10%.
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