The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK public sector net cash requirement reported a deficit in June
Public finances (public sector net cash requirement) has reported a deficit of £17.80 billion in June, in the UK, following a revised deficit of £9.80 billion in the previous month.
UK public sector net borrowing reported a deficit in June
In the UK, the public sector net borrowing has posted a deficit £6.30 billion in June, from a revised deficit of £6.40 billion in the prior month. Markets were anticipating public sector net borrowing to post a deficit of £4.20 billion.
UK public sector net borrowing reported a deficit in June
The public sector net borrowing (excluding temporary effects of financial interventions) has posted a deficit £6.90 billion in June, in the UK, as compared to a revised deficit of £7.00 billion in the prior month. Markets were expecting public sector net borrowing to announce a deficit of £4.90 billion.
Spanish trade deficit widened in May
Spain has reported trade deficit of €1.43 billion in May, compared to a trade deficit of €1.20 billion in the prior month.
Swiss M3 money supply rose in June
In June, on an annual basis, M3 money supply rose 4.10% in Switzerland. In the prior month, M3 money supply had registered a revised rise of 3.90%.
Canadian CPI remained steady in June
In June, on a MoM basis, the seasonally adjusted consumer price index (CPI) remained unchanged in Canada. In the prior month, CPI had recorded a drop of 0.20%.
Canadian CPI declined in June
The CPI dropped, on monthly basis, to a level of 130.40 in Canada, in June. The CPI had registered a reading of 130.50 in the prior month.
Canadian CPI rose less than expected in June
The CPI climbed 1.00% in Canada on an annual basis in June, compared to a rise of 1.30% in the previous month. Market anticipation was for the CPI to rise 1.10%.
Canadian retail sales (ex-autos) surprisingly eased in May
On a MoM basis, retail sales (ex-autos) unexpectedly eased 0.10% in May, in Canada, less than market expectations for an unchanged reading. Retail sales (ex-autos) had advanced by a revised 1.30% in the prior month.
Canadian retail sales rose more than expected in May
In May, retail sales registered a rise of 0.60% in Canada on a monthly basis, more than market expectations for a rise of 0.30%. Retail sales had climbed by a revised 0.70% in the prior month.
Canadian CPI fell as expected in June
On a monthly basis in Canada, the CPI eased 0.10% in June, meeting market expectations. In the previous month, the CPI had advanced 0.10%.
Japanese manufacturing PMI dropped in July
In Japan, the flash manufacturing PMI fell to a level of 52.20 in July. Manufacturing PMI had registered a reading of 52.40 in the previous month.
Japanese nationwide department store sales climbed in June
Nationwide department store sales rose 1.40% on an annual basis, in June, in Japan. Nationwide department store sales had recorded a flat reading in the prior month.
Japanese Tokyo department store sales climbed in June
Tokyo department store sales in Japan rose 1.10% in June on a YoY basis. In the prior month, Tokyo department store sales had dropped 1.10%.
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