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

UK construction output registered an unexpected rise in October
On an annual basis, construction output in the UK recorded an unexpected rise of 0.70% in October, higher than market expectations for a drop of 0.10%. Construction output had recorded a revised rise of 2.50% in the previous month.
UK trade deficit fell in October
Non-EU trade deficit in the UK dropped to £1.60 billion in October, from a revised trade deficit of £5.27 billion in the previous month. Markets were anticipating the nation to record a trade deficit of £3.45 billion.
UK total trade deficit fell in October
In October, total trade deficit in the UK dropped to £1.97 billion, following a revised total trade deficit of £5.81 billion in the prior month. Markets were expecting the nation to post a total trade deficit of £4.30 billion.
UK visible trade deficit declined in October
The UK has registered visible trade deficit of £9.71 billion in October, compared to a revised visible trade deficit of £13.83 billion in the previous month. Markets were anticipating the nation to record a visible trade deficit of £11.88 billion.
UK Rightmove house price index slid in December
The Rightmove house price index slid 2.10% in the UK on a monthly basis, in December. In the previous month, the Rightmove house price index had fallen 1.10%.
UK Rightmove house price index recorded a rise in December
On an annual basis, the Rightmove house price index recorded a rise of 3.40% in December, in the UK. The Rightmove house price index had registered a rise of 4.50% in the prior month.
German labour costs registered a rise in 3Q 2016
On an annual basis, the working day adjusted labour costs in Germany registered a rise of 2.50% in 3Q 2016. Labour costs had climbed by a revised 1.90% in the prior quarter.
German trade surplus dropped in October
Seasonally adjusted trade surplus of €19.30 billion in October, following a revised trade surplus of €24.20 billion in the prior month. Market expectation was for the nation to register a trade surplus of €22.00 billion.
German exports advanced less than expected in October
In Germany, the seasonally adjusted exports advanced 0.50% on a MoM basis in October, less than market expectations for an advance of 0.90%. In the previous month, exports had recorded a revised drop of 1.00%.
German labour costs recorded a rise in 3Q 2016
The seasonally adjusted labour costs in Germany rose 0.80% on a QoQ basis, in 3Q 2016. Labour costs had registered a rise of 0.20% in the previous quarter.
German current account surplus dropped in October
The non-seasonally adjusted current account surplus in Germany narrowed to €18.40 billion in October, from a revised current account surplus of €24.40 billion in the previous month. Market expectation was for the nation’s current account surplus to fall to €22.00 billion.
German imports rose more than expected in October
The seasonally adjusted imports recorded a rise of 1.30% in Germany on a monthly basis in October, more than market expectations for a rise of 1.10%. Imports had recorded a revised drop of 0.70% in the prior month.
French budget deficit expanded in October
French budget deficit stood at €85.50 billion in October, compared to a budget deficit of €83.00 billion in the previous month.
French industrial production unexpectedly slid in October
In October, on a MoM basis, industrial production unexpectedly fell 0.20% in France, compared to a revised drop of 1.40% in the previous month. Market anticipation was for industrial production to rise 0.60%.
French manufacturing production surprisingly fell in October
On a MoM basis, manufacturing production unexpectedly eased 0.60% in France, in October, compared to a revised fall of 1.40% in the prior month. Markets were expecting manufacturing production to advance 0.70%.
Swiss unemployment rate steadied in November
The seasonally adjusted unemployment rate remained unchanged at a level of 3.30% in Switzerland, in November. Markets were anticipating unemployment rate to record a flat reading.
Swiss unemployment rate rose in November
In November, the non-seasonally adjusted unemployment rate recorded a rise to 3.30% in Switzerland, compared to a reading of 3.20% in the prior month. Markets were anticipating unemployment rate to advance to a level of 3.30%.
US Reuters/Michigan consumer sentiment index advanced in December
The preliminary Reuters/Michigan consumer sentiment index in the US registered a rise to 98.00 in December, compared to market expectations of a rise to 94.50. In the prior month, the Reuters/Michigan consumer sentiment index had registered a level of 93.80.
Japanese domestic corporate goods price index fell less than expected in November
In November, the domestic corporate goods price index in Japan registered a drop of 2.20% on a YoY basis, compared to a fall of 2.70% in the previous month. Market anticipation was for the domestic corporate goods price index to fall 2.30%.
Japanese machinery orders rose more than expected in October
On a MoM basis in October, machinery orders climbed 4.10% in Japan, more than market expectations for a rise of 1.20%. Machinery orders had fallen 3.30% in the prior month.
Japanese machinery orders declined more than expected in October
In October, on a YoY basis, machinery orders slid 5.60% in Japan, compared to an advance of 4.30% in the prior month. Markets were expecting machinery orders to fall 4.70%.
Japanese domestic corporate goods price index advanced more than expected in November
In Japan, the domestic corporate goods price index registered a rise of 0.40% on a MoM basis in November, more than market expectations for a rise of 0.30%. In the previous month, the domestic corporate goods price index had recorded a drop of 0.10%.
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