Guardian Stockbrokers Key Economic News Wednesday 19 April 2023

The key points from today’s economic news, brought to you by Guardian Stockbrokers.

UK ILO unemployment rate rose in February

In the UK, ILO unemployment rate advanced to 3.80% in the three months to February, compared to 3.70% in the previous month.

UK average earnings including bonus remained steady in February

In the UK, average earnings including bonus rose 5.90% in the three months to February, compared to a revised similar in the prior month. Markets were expecting average earnings including bonus to rise 5.10%.

Euro-zone ZEW economic sentiment unexpectedly dropped in April

In the Euro-zone, the ZEW economic sentiment unexpectedly eased to 6.40 in April, compared to a level of 10.00 in the prior month.

German ZEW economic sentiment unexpectedly declined in April

In Germany, the ZEW economic sentiment unexpectedly fell to 4.10 in April, compared to a level of 13.00 in the previous month.

US building permits unexpectedly fell in March

In the US, building permits unexpectedly dropped by 8.80% on a MoM basis in March, compared to a revised rise of 15.80% in the prior month.

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