Guardian Stockbrokers Key Economic News Friday 30 April 2021

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

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Euro-zone’s consumer confidence index rose in April

In the Euro-zone, the final consumer confidence index registered a rise to a level of -8.10 in April, meeting market expectations and compared to a revised reading of -10.80 in the previous month.

Euro-zone’s economic sentiment indicator climbed more than anticipated in April

In the Euro-zone, the economic sentiment indicator advanced to a level of 110.30 in April, compared to a revised reading of 100.90 in the prior month. Markets were expecting the economic sentiment indicator to record a rise to a level of 102.20.

Germany’s CPI advanced more than expected in April

In Germany, the flash CPI rose 2.00% on a YoY basis in April, compared to a rise of 1.70% in the previous month. Markets were expecting the CPI to record a rise of 1.90%.

Germany’s unemployment rate remained unchanged in April

In Germany, unemployment rate remained steady at 6.00% in April, at par with market expectations.

US annualised GDP advanced more than expected in 1Q 2021

In the US, the flash annualised GDP recorded a rise of 6.40% on a QoQ basis in 1Q 2021, compared to a rise of 4.30% in the prior quarter. Markets were expecting the GDP to record an advance of 6.10%.

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