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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone GDP rose in 4Q 2021
In the Euro-zone, the GDP advanced 0.30% on a QoQ basis in 4Q 2021, compared to a revised rise of 2.30% in the previous quarter.
Germany industrial production rose more than expected in January
In Germany, seasonally adjusted industrial production recorded a rise of 2.70% on a MoM basis in January, compared to a revised drop of 1.10% in the prior month. Markets were anticipating industrial production to rise 0.50%.
US NFIB business optimism index declined in February
In the US, the small business optimism index dropped to 95.70 in February, compared to a level of 97.10 in the prior month.
US goods trade deficit widened in January
In the US, trade deficit widened to $108.90 billion in January, compared to a deficit of $107.60 billion in the previous month.
Japanese annualised GDP rose less than expected in 4Q 2021
In Japan, the final annualised GDP registered a rise of 4.60% on a QoQ basis in 4Q 2021, compared to a revised drop of 2.70% in the previous quarter. Market expectations were for the GDP to rise 5.60%.
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