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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK public sector net borrowing deficit widened in November
In the UK, public sector net borrowing deficit widened to £16.60 billion in November, compared to a deficit of £11.60 billion in the previous month.
Euro-zone consumer confidence index fell more than anticipated in December
In the Euro-zone, the preliminary consumer confidence index registered a drop to -8.30 in December, compared to a reading of -6.80 in the previous month. Markets were expecting the index to record a fall to a level of -8.00.
German consumer confidence index dropped in January
In Germany, the consumer confidence index registered a drop to -6.80 in January, compared to a revised reading of -1.80 in the prior month. Markets were expecting the index to record a fall to -2.70.
US current account deficit widened more than expected in 3Q 2021
In the US, current account deficit widened to $214.80 billion in 3Q 2021, compared to a deficit of $198.30 billion in the previous quarter. Market expectations were for the nation to register a deficit of $205.00 billion.
Australian Westpac leading index rose in November
In Australia, the Westpac leading index registered a rise of 0.12% on a MoM basis in November, compared to a revised advance of 0.27% in the previous month.
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