Guardian Stockbrokers Key Economic News Wednesday 13 December 2023

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

UK ILO unemployment rate remains steady in October

In the UK, the ILO unemployment rate remained steady at 4.20% in the three months to October.

Euro-zone ZEW economic sentiment index unexpectedly rose in December

In the Euro-zone, the ZEW economic sentiment index unexpectedly advanced to 23.00 in December, compared to a level of 13.80 in the previous month.

German ZEW economic sentiment index unexpectedly climbed in December

In Germany, the ZEW economic sentiment index unexpectedly advanced to 12.80 in December, compared to a level of 9.80 in the prior month.

German ZEW current situation index advanced less than anticipated in December

In Germany, the ZEW current situation index rose to -77.10 in December, compared to a level of -79.80 in the prior month. Markets were expecting the index to rise to -76.00.

US CPI rose as forecasted in November

In the US, the CPI advanced 3.10% on a YoY basis in November, at par with market expectations and compared to a rise of 3.20% in the previous month.

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