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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK three month moving average unemployment rate advanced more than expected in the three months to August
In the UK, the unemployment rate rose to 4.50% in the three months to August, compared to a rate of 4.10% in the prior quarter. Market anticipations were for the unemployment rate to rise to a rate of 4.30%.
UK average earnings including bonus recorded a flat reading in August
In the UK, average earnings including bonus recorded a flat reading on a YoY basis in August, compared to a drop of 1.0% in the previous month. Markets were expecting average earnings to record a fall of 0.50%.
Euro-zone economic sentiment index dropped in October
In the Euro-zone, the economic sentiment index registered a drop to 52.30 in October, compared to a level of 73.90 in the previous month.
German economic sentiment index fell in October
In Germany, the economic sentiment index recorded a drop to 56.10 in October, compared to a reading of 77.40 in the prior month. Market expectations were for the economic sentiment index to ease to 73.00.
US CPI rose as expected in September
In the US, the CPI registered a rise of 1.40% on a YoY basis in September, as expected and compared to a rise of 1.30% in the previous month.
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