The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK ILO unemployment rate eased surprisingly in the December-February 2018 period
In the December-February 2018 period, the ILO unemployment rate registered an unexpected drop to 4.20% in the UK, compared to market expectations of a steady reading. In the November-January 2018 period, the ILO unemployment rate had registered a reading of 4.30%.
UK average earnings including bonus rose less than expected in the December-February 2018 period
The average earnings including bonus in the UK rose 2.80% in the December-February 2018 period on an annual basis, less than market expectations for an advance of 3.00%. The average earnings including bonus had registered a similar rise in the November-January 2018 period.
Euro-zone economic sentiment index slid in April
Economic sentiment index in the Euro-zone registered a drop to 1.90 in April, compared to a reading of 13.40 in the previous month.
US industrial production advanced more than expected in March
In March, industrial production registered a rise of 0.50% in the US on a MoM basis, higher than market expectations for an advance of 0.30%. In the previous month, industrial production had climbed by a revised 1.00%.
Japanese industrial production rose in February
On an annual basis, the final industrial production rose 1.60% in Japan, in February. In the prior month, industrial production had recorded a rise of 2.50%. The preliminary figures had recorded a rise of 1.40%.
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