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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK retail sales across all sectors registered a drop in June
On a YoY basis, retail sales across all sectors in the UK eased 0.50% in June. Retail sales across all sectors had risen 0.50% in the previous month.
French business sentiment index remained unchanged in June
The business sentiment index in France remained steady at 97.00 in June, at par with market expectations.
Italian industrial production surprisingly fell in May
On a MoM basis, the seasonally adjusted industrial production in Italy registered an unexpected drop of 0.60% in May, lower than market expectations for a rise of 0.10%. In the previous month, industrial production had registered a revised rise of 0.40%.
Italian industrial production unexpectedly dropped in May
In May, the working day adjusted industrial production in Italy registered an unexpected drop of 0.60% on an annual basis, compared to an advance of 1.80% in the prior month. Market anticipation was for industrial production to rise 1.10%.
Italian industrial production recorded a rise in May
The non-seasonally adjusted industrial production climbed 5.70% on an annual basis in Italy, in May. Industrial production had dropped 0.30% in the previous month.
Canadian housing starts advanced in June
The seasonally adjusted housing starts advanced to 218.30 K in Canada, in June, compared to market expectations of a rise to a level of 189.00 K. Housing starts had registered a revised level of 186.70 K in the prior month.
Japanese domestic corporate goods price index fell as expected in June
In June, the domestic corporate goods price index slid 0.10% in Japan, on a MoM basis, in line with market expectations. The domestic corporate goods price index had climbed by a revised 0.10% in the previous month.
Japanese domestic corporate goods price index dropped as expected in June
The domestic corporate goods price index in Japan fell 4.20% on an annual basis in June, compared to a revised fall of 4.30% in the previous month. Market expectation was for the domestic corporate goods price index to ease 4.20%.
Japanese machine tool orders declined in June
The preliminary machine tool orders in Japan registered a drop of 19.90% on an annual basis, in June. Machine tool orders had fallen 24.70% in the previous month.
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