Guardian Stockbrokers Key Economic News Wednesday 15 May 2019

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

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UK ILO unemployment rate surprisingly fell in the January-March 2019 period

In the UK, the ILO unemployment rate eased unexpectedly to 3.80% in the January-March 2019 period, lower than market expectations of an unchanged reading. In the December-February 2019 period, the ILO unemployment rate had recorded a level of 3.90%.

Euro-zone industrial production dropped as expected in March

In the Euro-zone, the seasonally adjusted industrial production dropped 0.30% on a MoM basis in March, compared to a revised drop of 0.10% in the previous month. Market anticipation was for industrial production to drop 0.30%.

Euro-zone economic sentiment index slid in May

In the Euro-zone, the economic sentiment index registered a drop to -1.60 in May. In the previous month, the economic sentiment index had registered a level of 4.50.

German CPI advanced as expected in April

in Germany, the final consumer price index (CPI) climbed 1.00% on a MoM basis, in April, meeting market expectations. The CPI had recorded a rise of 0.40% in the previous month.

German economic sentiment index dropped unexpected in May

In Germany, the economic sentiment index eased unexpectedly to a level of -2.10 in May, lower than market expectations of a rise to 5.00. In the prior month, the economic sentiment index had registered a reading of 3.10.

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