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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Rightmove house price index dropped in November
In the UK, the Rightmove house price index recorded a drop of 1.30% on a MoM basis in November. The Rightmove index had risen 0.60% in the previous month.
Euro-zone CPI advanced less than expected in October
In the Euro-zone, the consumer price index (CPI) registered a rise of 0.10% on a MoM basis in October, less than market expectations for a rise of 0.20%. In the previous month, the CPI had recorded a rise of 0.20%.
Euro-zone trade surplus dropped in September
In the Euro-zone, the seasonally adjusted trade surplus dropped to €18.30 billion in September, following a revised trade surplus of €19.70 billion in the prior month. Market expectation was for the region’s a trade surplus to drop to €19.40 billion.
US advance retail sales advanced in October
In the US, advance retail sales recorded a rise of 0.30% on a MoM basis in October. Advance retail sales had fallen 0.30% in the previous month.
US industrial production dropped more than expected in October
In the US, industrial production slid 0.80% on a MoM basis in October, compared to a revised drop of 0.30% in the previous month. Markets were anticipating industrial production to drop 0.40%
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