The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK CBI distributive trade survey’s retail sales balance recorded a rise in December
In the UK, the CBI distributive trade survey’s retail sales balance rose to a level of 19.00% in December, compared to a level of 7.00% in the prior month. Market anticipation was for the CBI distributive trade survey’s retail sales balance to rise to a level of 21.00%.
UK consumer confidence rose surprisingly in December
In December, the consumer confidence in the UK registered an unexpected rise to 2.00, compared to a reading of 1.00 in the prior month. Markets were expecting the consumer confidence to record a steady reading.
Euro-zone consumer confidence index climbed in December
The preliminary consumer confidence index rose to a level of -5.70 in the Euro-zone, in December, compared to a level of -5.90 in the previous month. Markets were expecting the consumer confidence index to advance to a level of -5.80.
German PPI declined more than expected in November
In November on a YoY basis, the producer price index (PPI) in Germany recorded a drop of 2.50%, more than market expectations for a drop of 2.40%. In the prior month, the PPI had dropped 2.30%.
German PPI declined as expected in November
In November, on a monthly basis, the PPI in Germany eased 0.20%, at par with market expectations. The PPI had registered a drop of 0.40% in the previous month.
Swiss M3 money supply advanced in November
In November, on an annual basis, M3 money supply rose 2.70% in Switzerland. In the prior month, M3 money supply had climbed 1.40%.
US Chicago Fed national activity index eased surprisingly in November
In November, the Chicago Fed national activity index in the US registered an unexpected drop to -0.30, compared to market expectations of an advance to 0.10. The Chicago Fed national activity index had registered a revised reading of -0.17 in the previous month.
Japanese all industry activity index advanced more than expected in October
In October, the all industry activity index recorded a rise of 1.00% in Japan on a MoM basis, more than market expectations for a rise of 0.90%. In the previous month, the all industry activity index had registered a drop of 0.20%.
Japanese supermarket sales declined in November
In Japan, supermarket sales eased 1.00% on an annual basis, in November. Supermarket sales had advanced 2.80% in the prior month.
Japanese convenience store sales rose in November
Convenience store sales climbed 0.90% on an annual basis in Japan, in November. In the previous month, convenience store sales had advanced 2.50%.
Chinese leading economic index registered a rise in November
On a monthly basis, the leading economic index in China registered a rise of 0.60% in November. In the previous month, the leading economic index had climbed by a revised 0.30%.
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