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Guardian Stockbrokers Key Economic News Monday 20 November 2023

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

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UK retail sales unexpectedly fell in October

In the UK, retail sales unexpectedly declined 0.30% on a MoM basis in October, compared to a revised drop of 1.10% in the previous month.

Euro-zone current account surplus unexpectedly widened in September

In the Euro-zone, current account surplus unexpectedly widened to €31.20 billion in September, compared to a revised surplus of €30.80 billion in the previous month.

US building permits rose in October

In the US, building permits advanced 1.10% on a MoM basis in October, compared to a revised a fall of 4.50% in the previous month.

US housing starts climbed in October

In the US, housing starts rose 1.90% on a MoM basis in October, compared to a revised rise of 3.1% in the previous month.

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