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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Rightmove house price index recorded a rise in March
On a monthly basis, the Rightmove house price index in the UK climbed 1.30% in March. In the prior month, the Rightmove house price index had risen 2.90%.
UK Rightmove house price index recorded a rise in March
The Rightmove house price index in the UK recorded a rise of 7.60% on a YoY basis, in March. In the prior month, the Rightmove house price index had climbed 7.30%.
Euro-zone labour cost advanced in 4Q 2015
Labour cost climbed 1.30% in the Euro-zone on a QoQ basis, in 4Q 2015. In the prior quarter, labour cost had climbed 1.10%.
German PPI fell more than expected in February
On a YoY basis, the producer price index (PPI) fell 3.00% in Germany, in February, higher than market expectations for a fall of 2.60%. In the prior month, the PPI had dropped 2.40%.
German PPI dropped more than expected in February
In February, on a MoM basis, the PPI in Germany registered a drop of 0.50%, more than market expectations for a fall of 0.10%. The PPI had fallen 0.70% in the prior month.
US Reuters/Michigan consumer sentiment index eased unexpectedly in March
The flash Reuters/Michigan consumer sentiment index recorded an unexpected drop to 90.00 in March, in the US, compared to a reading of 91.70 in the prior month. Markets were anticipating the Reuters/Michigan consumer sentiment index to advance to 92.20.
Canadian CPI surprisingly eased in February
In February, the seasonally adjusted consumer price index (CPI) registered an unexpected drop of 0.20% in Canada on a monthly basis, compared to a rise of 0.20% in the prior month. Market expectation was for CPI to remain unchanged.
Canadian CPI advanced less than expected in February
On a MoM basis, the CPI registered a rise of 0.20% in February, in Canada, lower than market expectations for an advance of 0.40%. In the previous month, the CPI had registered a similar rise.
Canadian CPI climbed in February
In Canada, the CPI rose, on MoM basis, to a level of 127.10 in February, compared to a reading of 126.80 in the previous month. Markets were anticipating the CPI to advance to a level of 127.50.
Canadian core CPI rose as expected in February
On a MoM basis, the core CPI advanced 0.50% in February, in Canada, compared to an advance of 0.30% in the prior month. Markets were expecting the core CPI to rise 0.50%.
Canadian core CPI advanced less than expected in February
On a MoM basis in February, the seasonally adjusted core CPI advanced 0.10% in Canada, compared to an advance of 0.20% in the previous month. Market anticipation was for core CPI to climb 0.20%.
Canadian retail sales rose more than expected in January
On a MoM basis, retail sales climbed 2.10% in January, in Canada, higher than market expectations for a rise of 0.60%. In the prior month, retail sales had dropped by a revised 2.10%.
Canadian retail sales (ex-autos) rose more than expected in January
Retail sales (ex-autos) rose 1.20% on a monthly basis in January, in Canada, higher than market expectations for a rise of 0.40%. In the prior month, retail sales (ex-autos) had fallen by a revised 1.70%.
Japanese Tokyo department store sales rose in February
On an annual basis, Tokyo department store sales in Japan climbed 2.70% in February. In the previous month, Tokyo department store sales had climbed 0.20%.
Japanese nationwide department store sales recorded a rise in February
In February, on a YoY basis, nationwide department store sales climbed 0.20% in Japan. In the previous month, nationwide department store sales had registered a drop of 1.90%.
Chinese MNI business sentiment index remained unchanged in March
The MNI business sentiment index remained unchanged at a level of 49.90 in China, in March.
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