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

UK BRC shop price index registered a drop in October
The BRC shop price index slid 1.70% on a YoY basis in the UK, in October. The BRC shop price index had fallen 1.80% in the previous month.
UK manufacturing PMI recorded a drop in October
The manufacturing PMI in the UK registered a drop to 54.30 in October, lower than market expectations of a fall to 54.50. The manufacturing PMI had recorded a revised reading of 55.50 in the prior month.
Swiss real retail sales fell more than expected in September
On a YoY basis, real retail sales dropped 2.30% in September, in Switzerland, more than market expectations for a drop of 2.20%. In the previous month, real retail sales had dropped by a revised 2.80%.
Swiss SVME manufacturing PMI climbed in October
In October, the SVME manufacturing PMI in Switzerland climbed to 54.70, higher than market expectations of an advance to 53.90. The SVME manufacturing PMI had recorded a level of 53.20 in the prior month.
US economic optimism index surprisingly rose in November
The economic optimism index recorded an unexpected rise to 51.40 in November, in the US, higher than market expectations of a drop to 49.00. The economic optimism index had registered a level of 51.30 in the prior month.
US ISM new orders registered a drop in October
In October, ISM new orders in the US registered a drop to 52.10, compared to a level of 55.10 in the prior month.
US ISM prices paid index registered a rise in October
In the US, the ISM prices paid index recorded a rise to 54.50 in October, compared to a level of 53.00 in the previous month. Markets were expecting the ISM prices paid index to rise to 54.30.
US Redbook index dropped in the last week
The seasonally adjusted Redbook index registered a drop of 0.10% on a monthly basis, in the week ended 28 October 2016, in the US. The Redbook index had registered a similar fall in the previous week.
US construction spending unexpectedly fell in September
In September, construction spending unexpectedly dropped 0.40% on a monthly basis in the US, lower than market expectations for a rise of 0.50%. Construction spending had dropped by a revised 0.50% in the prior month.
US ISM manufacturing activity index recorded a rise in October
The ISM manufacturing activity index climbed to 51.90 in October, in the US, compared to a reading of 51.50 in the previous month. Market expectation was for the ISM manufacturing activity index to rise to 51.70.
US Markit manufacturing PMI climbed in October
The final Markit manufacturing PMI advanced to 53.40 in October, in the US, higher than market expectations of an advance to 53.20. The preliminary figures had indicated a rise to 53.20. In the previous month, the Markit manufacturing PMI had recorded a reading of 51.50.
US ISM production registered a rise in October
In October, ISM production rose to a level of 54.60 in the US. ISM production had recorded a reading of 52.80 in the previous month.
US ISM backlog orders slid in October
ISM backlog orders in the US fell to a level of 45.50 in October. ISM backlog orders had recorded a level of 49.50 in the prior month.
Canadian GDP rose as expected in August
In August, the gross domestic product (GDP) in Canada recorded a rise of 1.30% on an annual basis, in line with market expectations. The GDP had recorded a revised rise of 1.20% in the previous month.
Canadian GDP rose as expected in August
In August, on a MoM basis, the GDP in Canada rose 0.20%, at par with market expectations. The GDP had advanced by a revised 0.40% in the prior month.
Japanese monetary base advanced in October
In Japan, the monetary base rose 22.10% on a YoY basis, in October. The monetary base had risen 22.70% in the prior month.
Japanese vehicle sales rose in October
In October, on a YoY basis, vehicle sales in Japan recorded a rise of 0.80%. Vehicle sales had advanced 3.70% in the prior month.
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