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

UK Rightmove house price index advanced in August
The Rightmove house price index registered a rise of 4.10% in the UK on a YoY basis, in August. The Rightmove house price index had climbed 4.50% in the previous month.
UK construction output fell more than expected in June
In the UK, construction output eased 2.20% on an annual basis in June, more than market expectations for a drop of 2.10%. In the prior month, construction output had fallen by a revised 1.60%.
UK Rightmove house price index eased in August
The Rightmove house price index in the UK slid 1.20% on a MoM basis, in August. In the previous month, the Rightmove house price index had fallen 0.90%.
Eurozone industrial production rose more than expected in June
On a MoM basis in June, the seasonally adjusted industrial production registered a rise of 0.60% in the Eurozone, more than market expectations for a rise of 0.50%. Industrial production had registered a drop of 1.20% in the prior month.
Eurozone GDP rose as expected in 2Q 2016
In 2Q 2016, on a YoY basis, the seasonally adjusted second estimate of gross domestic product (GDP) rose 1.60% in the Eurozone, compared to a rise of 1.70% in the prior quarter. Markets were expecting GDP to climb 1.60%. The preliminary figures had also indicated a rise of 1.60%.
Eurozone GDP rose as expected in 2Q 2016
On a quarterly basis in the Eurozone, the seasonally adjusted second estimate of gross domestic product (GDP) advanced 0.30% in 2Q 2016, at par with market expectations. The preliminary figures had also recorded an advance of 0.30%. GDP had climbed 0.60% in the prior quarter.
German GDP advanced more than expected in 2Q 2016
On a QoQ basis, the seasonally adjusted flash gross domestic product (GDP) climbed 0.40% in 2Q 2016, in Germany, higher than market expectations for an advance of 0.20%. GDP had advanced 0.70% in the prior quarter.
German GDP advanced more than expected in 2Q 2016
On a YoY basis, the non-seasonally adjusted flash gross domestic product (GDP) in Germany rose 3.10% in 2Q 2016, more than market expectations for an advance of 2.80%. In the previous quarter, GDP had recorded a revised rise of 1.50%.
German wholesale price index fell in July
The wholesale price index in Germany slid 1.40% on an annual basis, in July. In the previous month, the wholesale price index had fallen 1.50%.
German HICP rose as expected in July
The final harmonised consumer price index recorded a rise of 0.40% in Germany on a monthly basis in July, in line with market expectations. The preliminary figures had also indicated a rise of 0.40%. The HICP had risen 0.10% in the prior month.
German GDP advanced more than expected in 2Q 2016
The working day adjusted preliminary gross domestic product (GDP) in Germany climbed 1.80% in 2Q 2016 on a YoY basis, compared to a revised advance of 1.90% in the previous quarter. Markets were anticipating GDP to advance 1.40%.
German consumer price index rose as expected in July
On an annual basis, the final consumer price index in Germany, advanced 0.40% in July, meeting market expectations. The preliminary figures had also recorded a rise of 0.40%. In the prior month, the consumer price index had registered a rise of 0.30%.
German HICP rose as expected in July
On an annual basis, the final harmonised consumer price index rose 0.40% in July, in Germany, compared to a rise of 0.20% in the previous month. Markets were expecting the HICP to rise 0.40%. The preliminary figures had also recorded an advance of 0.40%.
German consumer price index rose as expected in July
On a monthly basis, the final consumer price index climbed 0.30% in July, in Germany, compared to a rise of 0.10% in the previous month. The preliminary figures had also recorded a rise of 0.30%. Markets were expecting the consumer price index to climb 0.30%.
German wholesale price index advanced in July
The wholesale price index in Germany rose 0.20% on a monthly basis, in July. In the prior month, the wholesale price index had climbed 0.60%.
French non-farm payrolls advanced as expected in 2Q 2016
In 2Q 2016, the preliminary non-farm payrolls rose 0.20% on a quarterly basis in France, at par with market expectations. In the previous quarter, non-farm payrolls had registered a revised similar rise.
Italian GDP remained unchanged in 2Q 2016
On a quarterly basis, the flash gross domestic product (GDP) in Italy remained unchanged in 2Q 2016, lower than market expectations for a rise of 0.20%. In the previous quarter, the GDP had registered a rise of 0.30%.
Spanish consumer price index declined as expected in July
The final consumer price index dropped 0.70% on a MoM basis in Spain, in July, in line with market expectations. The preliminary figures had also recorded a fall of 0.70%. The consumer price index had registered a rise of 0.50% in the previous month.
Spanish harmonised consumer price (HICP) index drops as expected in July
In July, on a monthly basis, the final harmonised consumer price (HICP) index in Spain recorded a drop of 1.30%, compared to a rise of 0.40% in the previous month. Market expectation was for the harmonised consumer price (HICP) index to ease 1.30%. The preliminary figures had also recorded a drop of 1.30%.
Spanish harmonised consumer price (HICP) index dropped more than expected in July
The final harmonised consumer price (HICP) index in Spain recorded a drop of 0.70% in July on a YoY basis, higher than market expectations for a drop of 0.60%. The preliminary figures had indicated a fall of 0.90%. In the prior month, the harmonised consumer price (HICP) index had recorded a drop of 0.90%.
Spanish consumer price index fell as expected in July
In Spain, the final consumer price index fell 0.60% in July on an annual basis, meeting market expectations. The preliminary figures had indicated a drop of 0.80%. In the prior month, the consumer price index had fallen 0.80%.
US producer price (ex-food & energy) advanced less than expected in July
On an annual basis, in the US, producer price (ex-food & energy) recorded a rise of 0.70% in July, lower than market expectations for an advance of 1.20%. Producer price (ex-food & energy) had recorded a rise of 1.30% in the prior month.
US business inventories rose more than expected in June
On a MoM basis, business inventories recorded a rise of 0.20% in June, in the US, higher than market expectations for a rise of 0.10%. In the previous month, business inventories had registered a similar rise.
US retail sales Control Group remained unchanged in July
In July, on a monthly basis, retail sales Control Group in the US remained unchanged, compared to an advance of 0.50% in the prior month. Markets were expecting retail sales Control Group to advance 0.30%.
US producer price (ex-food & energy) registered an unexpected drop in July
In July, producer price (ex-food & energy) in the US unexpectedly eased 0.30% on a MoM basis, lower than market expectations for a rise of 0.20%. In the previous month, producer price (ex-food & energy) had recorded a rise of 0.40%.
US producer price unexpectedly slid in July
Producer price registered an unexpected drop of 0.20% in the US, on an annual basis in July, lower than market expectations for a rise of 0.20%. In the prior month, producer price had risen 0.30%.
US producer price unexpectedly eased in July
In the US, producer price unexpectedly eased 0.40% in July on a MoM basis, lower than market expectations for a rise of 0.10%. In the previous month, producer price had recorded a rise of 0.50%.
US Reuters/Michigan consumer sentiment index dropped in August
Compared to a reading of 93.50 in the prior month the flash Reuters/Michigan consumer sentiment index in the US dropped to 90.40 in August. Market expectation was for the Reuters/Michigan consumer sentiment index to drop to a level of 91.50.
US retail sales ex-autos unexpectedly fell in July
In July, retail sales ex-autos registered an unexpected drop of 0.30% on a monthly basis in the US, less than market expectations for an advance of 0.10%. In the prior month, retail sales ex-autos had registered a revised rise of 0.90%.
US retail sales (ex-auto & gas) recorded an unexpected drop in July
On a MoM basis, retail sales (ex-auto & gas) unexpectedly fell 0.10% in the US, in July, lower than market expectations for an advance of 0.30%. In the previous month, retail sales (ex-auto & gas) had registered a revised rise of 0.80%.
US advance retail sales remained steady in July
In July, on a monthly basis, advance retail sales in the US remained unchanged, less than market expectations for a rise of 0.40%. Advance retail sales had recorded a revised rise of 0.80% in the previous month.
Canadian house price index advanced in July
The house price index advanced 2.00% on a monthly basis in Canada, in July. The house price index had risen 2.30% in the prior month.
Japanese annualised GDP rises less than expected in 2Q 2016
In 2Q 2016, the preliminary annualised gross domestic product (GDP) in Japan recorded a rise of 0.20% on a QoQ basis, compared to an advance of 1.90% in the previous quarter. Markets were anticipating annualised GDP to advance 0.70%.
Japanese GDP deflator advanced more than expected in 2Q 2016
The flash gross domestic product deflator advanced 0.80% on a YoY basis in 2Q 2016, in Japan, more than market expectations for an advance of 0.70%. In the prior quarter, the GDP deflator had registered a rise of 0.90%.
Japanese GDP remained unchanged in 2Q 2016
In 2Q 2016, the preliminary gross domestic product (GDP) remained unchanged in Japan on a quarterly basis, compared to an advance of 0.50% in the previous quarter. Market expectation was for GDP to rise 0.20%.
Japanese nominal GDP rose as expected in 2Q 2016
On a QoQ basis in Japan, the preliminary nominal gross domestic product (GDP) climbed 0.20% in 2Q 2016, in line with market expectations. In the previous quarter, nominal GDP had risen 0.60%.
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