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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK BRC shop price index rose in April
In the UK, the BRC shop price index climbed 2.70% on a YoY basis in April, compared to a rise of 2.10% in the previous month.
Euro-zone unemployment rate dropped less than expected in March
In the Euro-zone, the unemployment rate fell to 6.80% in March, compared to a revised rate of 6.90% in the prior month. Markets were anticipating the unemployment rate to ease to 6.70%.
German unemployment rate remained steady in April
In Germany, the unemployment rate remained unchanged at 5.00% in April, at par with market expectations.
US JOLTs job openings unexpectedly advanced in March
In the US, the JOLTs job openings unexpectedly climbed to 11549.00 K in March, compared to a revised level of 11344.00 K jobs in the prior month. Markets were expecting the JOLTs job openings to fall to a level of 11266.00 K.
US factory orders advanced more than expected in March
In the US, factory orders rose 2.20% on a MoM basis in March, compared to a revised rise of 0.10% in the previous month. Markets were expecting factory orders to record an advance of 1.10%.
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