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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK RICS house price balance rose more than expected in November
In the UK, the RICS housing price balance advanced to 71.0% in November, compared to revised similar rise in the previous month. Markets were expecting the balance to rise to 65.0%.
US JOLTs job openings unexpectedly climbed in October
In the US, the JOLTs job openings unexpectedly advanced to a level of 11,033.00 K in October, compared to a reading of 10,438.00 K in the previous month. Markets were anticipating the JOLTs job openings to fall to a level of 10,369.00 K.
US number of mortgage applications advanced in the week ended 03 December 2021
In the US, the number of mortgage applications recorded a rise of 2.00% on a weekly basis in the week ended 3 December 2021, compared to a drop of 7.20% in the prior week.
Chinese CPI advanced less than expected in November
In China, the consumer price index (CPI) climbed 2.30% on a YoY basis in November, compared to a rise of 1.50% in the previous month. Markets were expecting the CPI to rise 2.50%.
Chinese PPI rose more than expected in November
In China, the producer price index (PPI) recorded a rise of 12.90% on a YoY basis in November, compared to a rise of 13.50% in the prior month. Market expectations were for the PPI to advance 12.40%.
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