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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Italian annual wage inflation climbed in February
In February, the annual wage inflation recorded a rise to 0.80% in Italy, compared to a reading of 0.70% in the prior month.
Italian wage inflation advanced in February
In February, the wage inflation in Italy registered a rise to 0.10%. The wage inflation had recorded a level of 0.00% in the prior month.
Swiss economic expectations index climbed in March
The economic expectations index advanced to 2.50 in March, in Switzerland. The economic expectations index had recorded a reading of -5.90 in the previous month.
US new home sales advanced in February
New home sales in the US climbed 2.00%, on monthly basis, to a level of 512.00 K in February, compared to a revised reading of 502.00 K in the previous month. Market anticipation was for new home sales to advance to 510.00 K.
US mortgage applications slid in the last week
In the week ended 18 March 2016, on a weekly basis, mortgage applications recorded a drop of 3.30% in the US. Mortgage applications had registered a similar fall in the previous week.
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