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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Rightmove house price index recorded a rise in June
The Rightmove house price index rose 5.50% on an annual basis, in June, in the UK. The Rightmove house price index had registered a rise of 7.80% in the prior month.
UK Rightmove house price index recorded a rise in June
The Rightmove house price index in the UK registered a rise of 0.80% on a monthly basis, in June. The Rightmove house price index had risen 0.40% in the previous month.
Euro-zone labour cost rose in 1Q 2016
Labour cost registered a rise of 1.70% on a QoQ basis in the Euro-zone, in 1Q 2016. Labour cost had recorded a rise of 1.30% in the previous quarter.
Euro-zone current account surplus widened in April
The non-seasonally adjusted current account surplus in the Euro-zone rose to €34.00 billion in April, following a revised current account surplus of €31.30 billion in the prior month.
Euro-zone current account surplus expanded in April
In April, the seasonally adjusted current account surplus in the Euro-zone widened to €36.20 billion. The Eurozone had posted a revised current account surplus of €26.30 billion in the prior month.
Italian trade surplus dropped in April
(EU countries) trade surplus in Italy fell to €0.92 billion in April. Italy had posted a revised trade surplus of €1.20 billion in the previous month.
Italian current account surplus rose in April
Current account surplus in Italy rose to €4.66 billion in April. Italy had registered a current account surplus of €2.25 billion in the previous month.
US building permits advanced in May
Building permits recorded a rise of 0.70%, on monthly basis, to an annual rate of 1138.00 K in May, in the US, compared to a revised level of 1130.00 K in the prior month. Market expectation was for building permits to advance to 1145.00 K.
US housing starts declined in May
Compared to a revised level of 1167.00 K in the prior month, housing starts eased 0.30%, on MoM basis, to an annual rate of 1164.00 K in the US, in May. Market anticipation was for housing starts to ease to a level of 1150.00 K.
Canadian CPI advanced less than expected in May
On a MoM basis, the seasonally adjusted consumer price index (CPI) rose 0.20% in May, in Canada, lower than market expectations for an advance of 0.30%. CPI had registered a similar rise in the previous month.
Canadian CPI advanced in May
In May, the CPI recorded a rise of, on MoM basis, to a level of 128.80 in Canada. In the previous month, the CPI had recorded a level of 128.30.
Canadian core CPI rose as expected in May
On a MoM basis in May, the core CPI registered a rise of 0.30% in Canada, at par with market expectations. In the previous month, the core CPI had risen 0.20%.
Canadian core CPI advanced as expected in May
The seasonally adjusted core CPI advanced 0.20% on a monthly basis in Canada, in May, meeting market expectations. In the previous month, core CPI had registered a similar rise.
Canadian CPI advanced less than expected in May
The CPI in Canada registered a rise of 0.40% in May on a monthly basis, compared to an advance of 0.30% in the previous month. Market anticipation was for the CPI to rise 0.50%.
Japanese adjusted merchandise trade surplus fell in May
Japan has reported adjusted merchandise trade surplus of ¥269.80 billion in May, compared to a revised adjusted merchandise trade surplus of ¥397.00 billion in the prior month. Markets were expecting a adjusted merchandise trade surplus of ¥113.40 billion.
Japanese exports fell more than expected in May
In May, exports registered a drop of 11.30% in Japan on a YoY basis, more than market expectations for a drop of 10.00%. Exports had recorded a drop of 10.10% in the prior month.
Japan recorded merchandise (total) trade deficit in May
Japan has registered merchandise (total) trade deficit of ¥40.70 billion in May, from a revised merchandise (total) trade surplus of ¥823.20 billion in the previous month. Market expectation was for the nation to record a merchandise (total) trade surplus of ¥70.00 billion.
Japanese imports fell as expected in May
On an annual basis, imports in Japan recorded a drop of 13.80% in May, meeting market expectations. Imports had registered a drop of 23.30% in the previous month.
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