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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone current account surplus narrowed in October
The non-seasonally adjusted current account surplus in the Euro-zone fell to €25.90 billion in October. The Eurozone had posted a revised current account surplus of €33.80 billion in the prior month.
French producer price index recorded a rise in November
In November, on a monthly basis, the producer price index registered a rise of 0.10% in France. In the previous month, the producer price index had climbed 0.20%.
Italian current account surplus widened in October
Current account surplus in Italy expanded to €6.13 billion in October, compared to a current account surplus of €1.43 billion in the prior month.
Italian wage inflation recorded a rise in November
The wage inflation advanced to 0.20% in November, in Italy. In the prior month, the wage inflation had recorded a reading of 0.10%.
Italian annual wage inflation advanced in November
The annual wage inflation rate in Italy edged up to 1.3% in November from 1.2% in October.
US Kansas City Fed manufacturing activity index slid surprisingly in December
The Kansas City Fed manufacturing activity index registered an unexpected drop to -9.00 in the US, in December, lower than market expectations of an advance to 2.00. The Kansas City Fed manufacturing activity index had registered a level of 1.00 in the prior month.
US Markit composite PMI eased in December
The preliminary Markit composite PMI in the US registered a drop to 53.50 in December, compared to a level of 55.90 in the prior month.
US Markit services PMI fell in December
In December, the preliminary Markit services PMI in the US dropped to 53.70, compared to a reading of 56.10 in the prior month. Market expectation was for Markit services PMI to fall to 55.90.
Canadian wholesale sales unexpectedly slid in October
In October, wholesale sales unexpectedly fell 0.60% in Canada on a monthly basis, compared to a revised drop of 0.30% in the prior month. Market expectation was for wholesale sales to advance 0.10%.
Canadian core CPI unexpectedly slid in November
In November, the core consumer price index in Canada, unexpectedly eased 0.30% on a monthly basis, lower than market expectations for a steady reading. The core consumer price index had risen 0.30% in the previous month.
Canadian CPI unexpectedly slid in November
In November, on a MoM basis, the consumer price index in Canada unexpectedly eased 0.10%, lower than market expectations for a rise of 0.10%. In the prior month, the consumer price index had registered a rise of 0.10%.
Canadian CPI advanced more than expected in November
In November, on a monthly basis, the seasonally adjusted consumer price index in Canada rose 0.20%, more than market expectations for a rise of 0.10%. Consumer price index had registered a similar rise in the prior month.
Canadian core CPI rose in November
The seasonally adjusted core consumer price index rose 0.10% on a monthly basis in Canada, in November. In the previous month, core consumer price index had risen 0.20%.
Canadian CPI unexpectedly eased in November
The consumer price index in Canada registered an unexpected drop of, on monthly basis, to a level of 127.10 in November, lower than market expectations of 127.30. The consumer price index had recorded a reading of 127.20 in the previous month.
Japanese nationwide department store sales dropped in November
In November, on a YoY basis, nationwide department store sales in Japan slid 2.70%. In the prior month, nationwide department store sales had climbed 4.20%.
Japanese Tokyo department store sales recorded a rise in November
In Japan, Tokyo department store sales climbed 0.20% in November on a YoY basis. In the prior month, Tokyo department store sales had recorded a rise of 7.40%.
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