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

UK business barometer recorded a rise in December
The business barometer climbed to 39.00 in December, in the UK. In the previous month, the business barometer had registered a level of 32.00.
Italian industrial orders unexpectedly fell in October
On an annual basis, in October, the non-seasonally adjusted industrial orders registered an unexpected drop of 3.20% in Italy, lower than market expectations for a rise of 2.90%. Industrial orders had risen 2.60% in the prior month.
Italian industrial sales recorded a rise in October
In October, on a monthly basis, the seasonally adjusted industrial sales rose 0.80% in Italy. Industrial sales had fallen 4.60% in the previous month.
Italian industrial sales registered a drop in October
On an annual basis, the non-seasonally adjusted industrial sales dropped 0.90% in October, in Italy. In the prior month, industrial sales had registered a drop of 0.30%.
Italian retail sales declined less than expected in October
The non-seasonally adjusted retail sales registered a drop of 0.20% on a YoY basis in Italy in October, less than market expectations for a drop of 1.00%. In the prior month, retail sales had dropped by a revised 1.30%.
Italian industrial orders advanced more than expected in October
On a MoM basis in Italy, the seasonally adjusted industrial orders rose 0.90% in October, compared to a fall of 6.80% in the prior month. Market expectation was for industrial orders to rise 0.50%.
Italian retail sales advanced more than expected in October
In October, on a MoM basis, the seasonally adjusted retail sales climbed 1.20% in Italy, more than market expectations for an advance of 0.30%. Retail sales had recorded a revised drop of 0.50% in the prior month.
US non-defence capital goods orders (ex aircraft) rose more than expected in November
On a MoM basis, the flash non-defence capital goods orders (ex aircraft) recorded a rise of 0.90% in the US, in November, more than market expectations for a rise of 0.40%. The non-defence capital goods orders (ex aircraft) had risen 0.20% in the previous month.
US Kansas City Fed manufacturing activity index rose in December
In December, the Kansas City Fed manufacturing activity index in the US advanced to 11.00, compared to market expectations of an advance to 4.00. In the prior month, the Kansas City Fed manufacturing activity index had recorded a reading of 1.00.
US personal consumption expenditure deflator rose less than expected in November
On an annual basis in the US, personal consumption expenditure deflator registered a rise of 1.40% in November, lower than market expectations for a rise of 1.50%. In the prior month, personal consumption expenditure deflator had registered a similar rise.
US GDP price index advanced as expected in 3Q 2016
In 3Q 2016, on a quarterly basis, the final gross domestic product (GDP) price index advanced 1.40% in the US, meeting market expectations. The preliminary figures had also recorded a rise of 1.40%. The GDP price index had risen 2.30% in the previous quarter.
US annualised GDP rose more than expected in 3Q 2016
In 3Q 2016, on a quarterly basis, the final annualised GDP in the US rose 3.50%, more than market expectations for a rise of 3.30%. The annualised GDP had risen 1.40% in the prior quarter. The preliminary figures had indicated an advance of 3.20%.
US core personal consumption expenditure rose less than expected in November
Core personal consumption expenditure recorded a rise of 1.60% in the US on a YoY basis in November, compared to a revised advance of 1.80% in the prior month. Market anticipation was for core personal consumption expenditure to rise 1.70%.
US personal income remained steady in November
On a monthly basis, in November, personal income remained unchanged in the US, lower than market expectations for an advance of 0.30%. In the prior month, personal income had recorded a revised rise of 0.50%.
US core personal consumption expenditure remained steady in November
In the US, core personal consumption expenditure remained steady on a monthly basis in November, compared to an advance of 0.10% in the previous month. Market anticipation was for core personal consumption expenditure to advance 0.10%.
US personal consumption expenditure deflator remained unchanged in November
On a MoM basis, personal consumption expenditure deflator remained flat in the US, in November, less than market expectations for a rise of 0.20%. Personal consumption expenditure deflator had recorded a revised rise of 0.30% in the prior month.
US leading indicator remained steady in November
Leading indicator in the US remained unchanged in November on a MoM basis, less than market expectations for a rise of 0.10%. In the previous month, leading indicator had climbed 0.10%.
US core personal consumption expenditure advanced as expected in 3Q 2016
On a QoQ basis in 3Q 2016, the final core personal consumption expenditure recorded a rise of 1.70% in the US, meeting market expectations. The preliminary figures had also recorded a rise of 1.70%. In the prior quarter, core personal consumption expenditure had advanced 1.80%.
US initial jobless claims advanced in the last week
Compared to a reading of 254.00 K in the prior week the seasonally adjusted initial jobless claims in the US climbed to 275.00 K in the week ended 17 December 2016. Market expectation was for initial jobless claims to rise to 257.00 K.
US continuing jobless claims rose surprisingly in the last week
In the US, the seasonally adjusted continuing jobless claims registered an unexpected rise to 2036.00 K in the week ended 10 December 2016, compared to a revised reading of 2021.00 K in the previous week. Markets were expecting continuing jobless claims to drop to a level of 2010.00 K.
US personal spending advanced less than expected in November
Personal spending in the US recorded a rise of 0.20% in November on a MoM basis, lower than market expectations for a rise of 0.30%. Personal spending had registered a revised rise of 0.40% in the prior month.
US personal consumption rose more than expected in 3Q 2016
In 3Q 2016, the final personal consumption recorded a rise of 3.00% on a QoQ basis in the US, more than market expectations for an advance of 2.80%. The preliminary figures had recorded an advance of 2.80%. In the previous quarter, personal consumption had recorded a rise of 4.30%.
US non-defence capital goods shipments (ex aircraft) advanced more than expected in November
The preliminary non-defence capital goods shipments (ex aircraft) in the US climbed 0.20% in November on a monthly basis, more than market expectations for a rise of 0.10%. In the prior month, the non-defence capital goods shipments (ex aircraft) had recorded a drop of 0.10%.
US durable goods orders fell less than expected in November
The flash durable goods orders recorded a drop of 4.60% on a monthly basis in the US, in November, compared to an advance of 4.60% in the previous month. Markets were anticipating durable goods orders to ease 4.80%.
US durable goods orders (ex transportation) advanced more than expected in November
In the US, the preliminary durable goods orders (ex transportation) climbed 0.50% on a MoM basis in November, higher than market expectations for a rise of 0.20%. Durable goods orders (ex transportation) had registered a rise of 0.80% in the prior month.
US Chicago Fed national activity index slid in November
The Chicago Fed national activity index dropped to -0.27 in the US, in November, higher than market expectations of a fall to a level of -0.10. The Chicago Fed national activity index had recorded a revised level of -0.05 in the previous month.
US housing price index advanced less than expected in October
The housing price index climbed 0.40% on a monthly basis in the US, in October, compared to a rise of 0.60% in the prior month. Markets were anticipating the housing price index to rise 0.50%.
Canadian retail sales (ex-autos) advanced more than expected in October
On a monthly basis in Canada, retail sales (ex-autos) registered a rise of 1.40% in October, higher than market expectations for an advance of 0.70%. In the prior month, retail sales (ex-autos) had risen by a revised 0.30%.
Canadian CPI fell more than expected in November
On a MoM basis, in Canada, the consumer price index (CPI) eased 0.40% in November, higher than market expectations for a drop of 0.20%. In the prior month, the CPI had risen 0.20%.
Canadian CPI eased in November
The CPI dropped, on monthly basis, to a level of 128.60 in Canada, in November, compared to market expectations of 129.00. The CPI had recorded a level of 129.10 in the prior month.
Canadian core CPI registered a rise in November
In Canada, the core CPI rose 1.50% in November on a YoY basis. In the prior month, the core CPI had risen 1.70%.
Canadian core CPI recorded a drop in November
The core CPI recorded a drop of 0.20% on a MoM basis, in November, in Canada. The core CPI had risen 0.20% in the previous month.
Canadian CPI registered a drop in November
The seasonally adjusted CPI registered a drop of 0.20% on a monthly basis in Canada, in November. CPI had climbed 0.20% in the prior month.
Canadian CPI advanced less than expected in November
In November, on an annual basis, the CPI in Canada registered a rise of 1.20%, compared to a rise of 1.50% in the previous month. Markets were anticipating the CPI to climb 1.40%.
Canadian core CPI remained unchanged in November
The seasonally adjusted core CPI remained unchanged on a MoM basis in Canada, in November. Core CPI had registered a revised rise of 0.10% in the prior month.
Canadian retail sales rose more than expected in October
On a MoM basis, retail sales rose 1.10% in Canada, in October, higher than market expectations for an advance of 0.30%. Retail sales had registered a revised rise of 0.80% in the previous month.
Chinese MNI business sentiment index rose in December
In December, the MNI business sentiment index rose to a level of 55.90 in China. In the prior month, the MNI business sentiment index had recorded a level of 53.10.
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