The key points from today’s economic news, brought to you by Guardian Stockbrokers.
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UK house prices rose in February
In the UK, the seasonally adjusted house prices recorded a rise of 0.30% on a MoM basis in February. In the prior month, house prices had risen 0.50%.
German CPI advanced in February
In Germany, the flash consumer price index (CPI) advanced 0.40% on a MoM basis in February. In the prior month, the CPI had dropped 0.60%.
German unemployment rate steadied in February
In Germany, the seasonally adjusted unemployment rate remained flat at a level of 5.00% in February.
US consumer sentiment index advanced in February
In the US, the final consumer sentiment index climbed to a level of 101.00 in February. In the prior month, the index had recorded a reading of 99.80.
US Chicago Fed purchasing managers index climbed in February
In the US, the Chicago Fed purchasing managers index advanced to a level of 49.00 in February, compared to a reading of 42.90 in the prior month.
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