Guardian Stockbrokers Key Economic News Tuesday 2 January 2024

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

UK Nationwide housing price index remained flat as expected in December

In the UK, the Nationwide housing price index remained flat on a MoM basis in December, compared to a rise of 0.20% in the prior month.

UK BRC shop price index remained steady in November

In the UK, the BRC shop price index remained steady at 4.30% on a YoY basis in November, compared to a rise of 4.30% in the previous month.

US Chicago PMI dropped more than anticipated in December

In the US, the Chicago PMI fell to 46.90 in December, compared to a level of 55.80 in the previous month. Markets were expecting the PMI to drop to 51.00.

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