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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK ILO unemployment rate rose as expected in December
In the UK, the unemployment rate remained unchanged at 4.10% in December, as expected.
Euro-zone GDP rose as expected in 4Q 2021.
In the Euro-zone, the preliminary gross domestic product (GDP) rose 0.30% on a QoQ basis in 4Q 2021, as expected and compared to an advance of 2.30% in the prior quarter.
Euro-zone economic sentiment index declined in February
In the Euro-zone, the economic sentiment index fell to 48.60 in February, compared to a reading of 49.40 in the previous month.
Euro-zone trade deficit widened in December
In Euro-zone, trade deficit widened to €9.70 billion in December, compared to a revised deficit of €1.80 billion in the previous month. Markets were expecting trade deficit to widen to €2.50 billion.
German economic sentiment index rose less than anticipated in February
In Germany, the economic sentiment index rose to a level of 54.30 in February, compared to a level of 51.70 in the previous month. Markets were expecting the index to climb to a level of 55.00.
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