The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK public sector net borrowing posted deficit in September
In the UK, the public sector net borrowing has reported a deficit of £3.30 billion, in September, following a revised deficit of £4.80 billion in the previous month. Market anticipation was for public sector net borrowing to report a deficit of £4.60 billion.
Euro-zone current account surplus rose in August
The seasonally adjusted current account surplus in the Euro-zone expanded to €23.90 billion in August. The Eurozone had posted a revised surplus of €19.50 billion in the previous month.
US existing home sales eased in September
In the US, existing home sales dropped 3.40%, on MoM basis, to a level of 5.15 million in September, lower than market expectations of 5.29 million. In the previous month, existing home sales had recorded a revised reading of 5.33 million.
Canadian CPI dropped in September
In Canada, the seasonally adjusted consumer price index (CPI) eased 0.10% on a MoM basis, in September. The CPI had risen 0.10% in the prior month.
Canadian retail sales unexpectedly fell in August
In Canada, retail sales recorded an unexpected drop of 0.10% on a MoM basis, in August, lower than market expectations for a rise of 0.30%. In the previous month, retail sales had advanced by a revised 0.20%.
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