Guardian Stockbrokers Key Economic News Wednesday 9 January 2019

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The key points from today’s economic news, brought to you by Guardian Stockbrokers.


UK Halifax house price index advanced more than expected in December

The Halifax house price index in the UK recorded a rise of 2.20% on a monthly basis in December, higher than market expectations for a rise of 0.50%. The index had dropped by a revised 1.20% in the previous month.

Euro-zone services sentiment index declined in December

The services sentiment index in the Euro-zone dropped to a level of 12.00 in December, compared to market expectations of a fall to a reading of 12.30. In the previous month, the index had registered a revised reading of 13.40.

Euro-zone consumer confidence index dropped in December

In the Euro-zone, the final consumer confidence index dropped to a level of -6.20 in December, meeting market expectations. In the prior month, the index had recorded a reading of -3.90.

German industrial production unexpectedly dropped in November

The seasonally adjusted industrial production in Germany unexpectedly dropped 1.90% on a monthly basis, in November, compared to a revised fall of 0.80% in the previous month. Markets were expecting industrial production to climb 0.30%.

US small business optimism index slid in December

The NFIB small business optimism index in the US fell to a level of 104.40 in December, compared to market expectations of a drop to a reading of 103.00. In the previous month, the index had registered a reading of 104.80.

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