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Guardian Stockbrokers Key Economic News Wednesday 22 January 2020

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

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UK ILO unemployment rate remained steady in the September-November 2019 period

In the UK, the ILO unemployment rate remained unchanged at 3.80% in the September-November 2019 period, in line with market expectations.

Employment in the UK climbed in the September-November 2019 period

In the UK, employment rose by 208.00 K in the September-November 2019 period, compared to an advance of 24.00 K in the August-October 2019 period.

UK average earnings including bonus rose more than expected in the September-November 2019 period

In the UK, the average earnings including bonus recorded a rise of 3.20% on a YoY basis in the September-November 2019 period, higher than market expectations for an advance of 3.10%. In the August-October 2019 period, the average earnings including bonus had registered a similar rise.

UK average earnings excluding bonus rose as expected in the September-November 2019 period

In the UK, the average earnings excluding bonus rose 3.40% on a YoY basis in the September-November 2019 period, at par with market expectations. In the August-October 2019 period, the average earnings excluding bonus had registered a rise of 3.50%.

Euro-zone economic sentiment index unexpectedly climbed in January

In the Euro-zone, the economic sentiment index unexpectedly climbed to a level of 25.60 in January, compared to market expectations of a fall to a level of 5.50. In the previous month, the index had recorded to a reading of 11.20.

German economic sentiment index rose in January

In Germany, the economic sentiment index advanced to a level of 26.70 in January, compared to market expectations of an advance to a reading of 15.00. In the previous month, the index had recorded to a level of 10.70.

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