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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone trade surplus declined in January
The non-seasonally adjusted trade surplus in the Euro-zone narrowed to €3.30 billion in January, following a trade surplus of €25.40 billion in the prior month.
Euro-zone construction output dropped in January
In January, on a MoM basis, the seasonally adjusted construction output recorded a drop of 2.20% in the Euro-zone. In the prior month, construction output had advanced by a revised 0.70%.
Euro-zone trade surplus narrowed in January
The Euro-zone has registered the seasonally adjusted trade surplus of €19.90 billion in January, following a revised trade surplus of €23.20 billion in the previous month. Market anticipation was for the region to register a trade surplus of €22.50 billion.
Italy posted trade deficit in January
Trade deficit in Italy recorded a reading of €87.00 million in January. Italy had registered a revised trade surplus of €5249.00 million in the previous month.
Italian industrial production dropped more than expected in January
The seasonally adjusted industrial production in Italy registered a drop of 1.90% on a monthly basis in January, more than market expectations for a drop of 0.60%. In the previous month, industrial production had recorded a revised rise of 2.10%.
Italy posted trade deficit in January
In January, (non-EU countries) trade deficit in Italy stood at €0.53 billion, following a trade surplus of €6.23 billion in the previous month.
Italy posted trade surplus in January
EU countries trade surplus in Italy stood at €0.44 billion in January. Italy had registered a revised trade deficit of €0.98 billion in the previous month.
Italian industrial production rose in January
The non-seasonally adjusted industrial production in Italy climbed 7.30% in January on an annual basis. Industrial production had fallen by a revised 1.00% in the previous month.
Japanese leading economic index dropped in January
In January, the final leading economic index in Japan recorded a drop to 105.60. The leading economic index had registered a level of 107.40 in the previous month. The preliminary figures had recorded a drop to 104.80.
Japanese coincident index slid in January
In January, the final coincident index eased to 114.90 in Japan. The coincident index had registered a level of 120.20 in the previous month. The preliminary figures had indicated a drop to 114.00.
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