Guardian Stockbrokers Key Economic News Friday 14 February 2020

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

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German CPI fell as expected in January

In Germany, the final consumer price index (CPI) registered a drop of 0.60% on a MoM basis in January, at par with market expectations. In the previous month, the CPI had climbed 0.50%.

US initial jobless claims climbed in the last week

In the US, the seasonally adjusted initial jobless claims rose to a level of 205.00 K in the week ended 08 February 2020, lower than market expectations of a rise to 210.00 K. In the previous week, initial jobless claims had recorded a revised to a reading of 203.00 K.

US CPI rose less than expected in January

In the US, the CPI registered a rise of 0.10% on a MoM basis in January, less than market expectations for an advance of 0.20%. In the previous month, the CPI had advanced 0.20%.

Japanese tertiary industry index fell less than expected in December

In Japan, the tertiary industry index recorded a drop of 0.20% on a MoM basis in December, less than market expectations for a fall of 1.60%. In the prior month, the index had recorded a revised rise of 1.40%.

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