The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK manufacturing production dropped more than expected in October
In October, manufacturing production recorded a drop of 0.40% in the UK, on a MoM basis, more than market expectations for a fall of 0.20%. Manufacturing production had climbed by a revised 0.90% in the prior month.
UK manufacturing production unexpectedly eased in October
On a YoY basis, in the UK, manufacturing production unexpectedly fell 0.10% in October, lower than market expectations for an unchanged reading. In the prior month, manufacturing production had recorded a revised drop of 0.40%.
UK industrial production advanced more than expected in October
Industrial production in the UK climbed 1.70% in October on a YoY basis, higher than market expectations for an advance of 1.20%. In the previous month, industrial production had recorded a revised rise of 1.50%.
UK industrial production advanced as expected in October
Industrial production in the UK advanced 0.10% in October on a MoM basis, compared to a revised flat reading in the prior month. Markets were anticipating industrial production to climb 0.10%.
UK Halifax house price index rose less than expected in the September-November 2015 period
On a YoY basis, the Halifax house price index climbed 9.00% in the September-November 2015 period, in the UK, compared to an advance of 9.70% in the August-October 2015 period. Markets were anticipating the Halifax house price index to rise 9.50%.
UK Halifax house price index surprisingly dropped in November
On a MoM basis, the Halifax house price index in the UK unexpectedly eased 0.20% in November, lower than market expectations for a rise of 0.20%. The Halifax house price index had registered a revised rise of 1.00% in the previous month.
UK NIESR estimated GDP climbed in the September-November 2015 period
In the UK, NIESR estimated gross domestic product (GDP) registered a rise of 0.60% on a MoM basis, in the September-November 2015 period. In the August-October 2015 period, NIESR estimated GDP had climbed by a revised 0.50%.
Eurozone GDP rose as expected in 3Q 2015
In 3Q 2015, the seasonally adjusted final GDP registered a rise of 0.30% on a quarterly basis in the Eurozone, in line with market expectations. The preliminary figures had also indicated a rise of 0.30%. In the previous quarter, GDP had risen 0.40%.
Eurozone household consumption expenditure rose less than expected in 3Q 2015
In 3Q 2015, on a quarterly basis, household consumption expenditure rose 0.40% in the Eurozone, lower than market expectations for a rise of 0.50%. In the prior quarter, household consumption expenditure had climbed by a revised 0.30%.
Eurozone gross fixed capital formation remained flat in 3Q 2015
In 3Q 2015, on a QoQ basis, the gross fixed capital formation remained steady in the Eurozone, compared to a revised rise of 0.10% in the previous quarter. Markets were anticipating the gross fixed capital formation to rise 0.20%.
Eurozone government expenditure rose more than expected in 3Q 2015
On a QoQ basis, government expenditure climbed 0.60% in 3Q 2015, in the Eurozone, higher than market expectations for an advance of 0.30%. In the prior quarter, government expenditure had registered a rise of 0.30%.
French budget deficit widened in October
Budget deficit in France widened to €76.20 billion in October. France had registered a budget deficit of €74.50 billion in the prior month.
French trade deficit widened in October
Trade deficit in France rose to €4.58 billion in October. France had registered a revised trade deficit of €3.59 billion in the prior month.
French imports registered a rise in October
In France, imports advanced to €41.87 billion in October, compared to a revised reading of €40.91 billion in the previous month.
French exports slid in October
Compared to a revised reading of €37.32 billion in the prior month exports registered a drop to €37.29 billion in October, in France.
French business sentiment index slid unexpectedly in November
In November, the business sentiment index recorded an unexpected drop to 98.00 in France, lower than market expectations of an unchanged reading. The business sentiment index had recorded a level of 99.00 in the previous month.
US composite leading indicator fell in October
Composite leading indicator in the US fell to a level of -0.05 in October. In the prior month, composite leading indicator had recorded a revised level of -0.04.
US economic optimism index advanced surprisingly in December
The economic optimism index rose unexpectedly to 47.20 in December, in the US, higher than market expectations of a drop to 45.10. The economic optimism index had registered a reading of 45.50 in the previous month.
US small business optimism index slid unexpectedly in November
In the US, the small business optimism index registered an unexpected drop to a level of 94.80 in November, lower than market expectations of an advance to 96.40. The small business optimism index had recorded a reading of 96.10 in the prior month.
US JOLTs job openings fell in October
In October, JOLTs job openings recorded a drop to 5383.00 K in the US, compared to a revised level of 5534.00 K in the prior month. Market expectation was for JOLTs job openings to ease to 5500.00 K.
Canadian housing starts rose in November
In November, the seasonally adjusted housing starts registered a rise to 211.90 K in Canada, compared to market expectations of a rise to 200.00 K. In the prior month, housing starts had registered a revised reading of 197.70 K.
Canadian building permits rose more than expected in October
In October, on a MoM basis, building permits in Canada registered a rise of 9.10%, compared to a revised drop of 6.60% in the previous month. Markets were anticipating building permits to advance 2.90%.
Japanese M3 money supply rose less than expected in November
On an annual basis, M3 money supply rose 2.70% in November, in Japan, lower than market expectations for an advance of 2.80%. M3 money supply had risen 2.90% in the prior month.
Japanese Eco Watchers Survey for future outlook slid unexpectedly in November
In November, Eco Watchers Survey for the future outlook in Japan dropped unexpectedly to 48.20, compared to market expectations of an advance to a level of 49.20. Eco Watchers Survey for the future outlook had registered a reading of 49.10 in the prior month.
Japanese Eco Watchers Survey for current situation declined surprisingly in November
Compared to a reading of 48.20 in the previous month Eco Watchers Survey for the current situation in Japan recorded an unexpected drop to 46.10 in November. Market anticipation was for Eco Watchers Survey for the current situation to advance to a level of 48.70.
Japanese machinery orders surprisingly rose in October
Machinery orders in Japan unexpectedly advanced 10.70% on a monthly basis in October, higher than market expectations for a fall of 1.60%. In the prior month, machinery orders had advanced 7.50%.
Japanese machinery orders rose more than expected in October
Machinery orders advanced 10.30% on a YoY basis in Japan, in October, higher than market expectations for a rise of 0.40%. Machinery orders had recorded a drop of 1.70% in the previous month.
Japanese money supply M2+CD rose less than expected in November
In November on an annual basis, money supply M2+CD in Japan climbed 3.30%, less than market expectations for an advance of 3.50%. In the prior month, money supply M2+CD had risen by a revised 3.70%.
Japanese corporate bankruptcies recorded a drop in November
On a YoY basis, corporate bankruptcies fell 3.39% in Japan, in November. Corporate bankruptcies had recorded a drop of 7.25% in the previous month.
Chinese producer price index dropped less than expected in November
In November, on an annual basis, the producer price index in China fell 5.90%, less than market expectations for a fall of 6.00%. In the previous month, the producer price index had registered a similar fall.
Chinese CPI rose more than expected in November
On a YoY basis, the consumer price index (CPI) advanced 1.50% in China, in November, compared to a rise of 1.30% in the prior month. Market expectation was for the CPI to climb 1.40%.
Chinese CPI remained steady in November
The CPI in China remained flat in November on a monthly basis, higher than market expectations for a fall of 0.10%. In the prior month, the CPI ex had fallen 0.30%.
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