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Guardian Stockbrokers Key Economic News Monday 23 January 2017

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

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UK retail sales advanced less than expected in December

On a YoY basis, in the UK, retail sales advanced 4.30% in December, compared to a revised rise of 5.70% in the previous month. Markets were expecting retail sales to climb 7.20%.

UK retail sales dropped more than expected in December

On a MoM basis, retail sales fell 1.90% in December, in the UK, more than market expectations for a drop of 0.10%. In the prior month, retail sales had fallen by a revised 0.10%.

German PPI advanced as expected in December

On a monthly basis, the producer price index (PPI) rose 0.40% in Germany, in December, in line with market expectations. The PPI had registered a rise of 0.30% in the previous month.

German PPI rose as expected in December

In Germany, the PPI climbed 1.00% on a YoY basis in December, meeting market expectations. In the prior month, the PPI had recorded a rise of 0.10%.

Canadian CPI rose less than expected in December

The consumer price index (CPI) recorded a rise of 1.50% in Canada on a YoY basis in December, compared to an advance of 1.20% in the prior month. Market anticipation was for the CPI to advance 1.70%.

Canadian core CPI recorded a rise in December

The seasonally adjusted core CPI advanced 0.20% on a MoM basis, in December, in Canada. Core CPI had recorded an unchanged reading in the previous month.

Canadian CPI registered a rise in December

The seasonally adjusted CPI in Canada rose 0.30% in December on a monthly basis. CPI had fallen 0.20% in the prior month.

Canadian core CPI rose more than expected in December

On an annual basis, the core CPI recorded a rise of 1.80% in December, in Canada, more than market expectations for an advance of 1.70%. The core CPI had climbed 1.50% in the previous month.

Canadian retail sales rose less than expected in November

Retail sales rose 0.20% on a monthly basis in November, in Canada, compared to a revised rise of 1.20% in the previous month. Market anticipation was for retail sales to rise 0.50%.

Canadian core CPI declined more than expected in December

The core CPI dropped 0.40% on a monthly basis in Canada, in December, higher than market expectations for a fall of 0.20%. In the prior month, the core CPI had registered a drop of 0.50%.

Canadian CPI unexpectedly dropped in December

The CPI in Canada unexpectedly dropped by, on MoM basis, to a level of 128.40 in December, compared to market expectations of 128.70. In the previous month, the CPI had recorded a level of 128.60.

Canadian CPI surprisingly fell in December

The CPI unexpectedly fell 0.20% on a monthly basis in December, in Canada, compared to a drop of 0.40% in the prior month. Market anticipation was for the CPI to remain unchanged.

Canadian retail sales (ex-autos) surprisingly advanced in November

On a monthly basis, in November, retail sales (ex-autos) unexpectedly advanced 0.10% in Canada, more than market expectations for an unchanged reading. In the prior month, retail sales (ex-autos) had risen 1.40%.

Japanese convenience store sales climbed in December

On an annual basis, convenience store sales recorded a rise of 0.50% in December, in Japan. In the previous month, convenience store sales had registered a similar rise.

Japanese Tokyo department store sales dropped in December

In December, on an annual basis, Tokyo department store sales in Japan slid 1.00%. Tokyo department store sales had dropped 1.40% in the prior month.

Japanese nationwide department store sales fell in December

On an annual basis, nationwide department store sales slid 1.70% in Japan, in December. In the prior month, nationwide department store sales had fallen 2.40%.

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