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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone CPI rose as expected in June
In the Euro-zone, the final consumer price index (CPI) rose 0.30% on a YoY basis in June, as initially estimated and compared to an advance of 0.10% in the previous month.
Euro-zone construction output advanced in May
In the Euro-zone, the seasonally adjusted construction output jumped 27.90% on a MoM basis in May, compared to a revised drop of 18.30% in the prior month.
US consumer sentiment index unexpectedly fell in July
In the US, the consumer sentiment index recorded an unexpected drop to a reading of 73.20 in July, compared to a level of 78.10 in the previous month. Markets were anticipating the consumer sentiment index to rise to a reading of 79.00.
US housing starts advanced in June
In the US, housing starts registered a rise of 17.30% on a MoM basis in June, compared to a revised rise of 8.20% in the previous month.
US building permits rose in June
In the US, building permits advanced 2.10% on a MoM basis in June, compared to a revised rise of 14.10% in the prior month.
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