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

UK Halifax house price index unexpectedly slid in July
In the UK, the Halifax house price index unexpectedly fell 0.20% on a MoM basis in July, compared to a revised fall of 0.40% in the prior month. Markets were expecting the Halifax house price index to climb 0.30%.
UK house price balance unexpectedly dropped in July
In the UK, house price balance eased unexpectedly to -9.00% in July, compared to a reading of -1.00% in the previous month. Markets were expecting house price balance to rise to 1.00%.
German industrial production dropped more than expected in June
In Germany, the seasonally adjusted industrial production dropped 1.50% on a MoM basis in June, compared to a revised advance of 0.10% in the previous month. Market expectation was for industrial production to drop 0.50%.
US consumer credit advanced less than expected in June
In the US, consumer credit registered a rise of $14.60 billion in June, less than market expectations for a rise of $16.10 billion. Consumer credit had registered a revised rise of $17.79 billion in the previous month.
Japanese current account surplus dropped in June
In Japan, the non-seasonally adjusted current account surplus fell to ¥1211.20 billion in June, following a current account surplus of ¥1594.80 billion in the prior month. Markets were expecting the nation to post a current account surplus of ¥1148.80 billion.
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