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

Euro-zone consumer confidence index climbed in January
In the Euro-zone, the preliminary consumer confidence index recorded a rise to -4.90 in January, compared to market expectations of an advance to a level of -4.80. In the prior month, the consumer confidence index had registered a level of -5.10.
Bundesbank: German inflation likely to reach 2% in January
The Bundesbank in its monthly report stated that German inflation could hit 2% in January due to a considerable increase in the daily average prices of oil products, thus hitting the European Central Bank’s elusive target for the first time in four years.
Swiss M3 money supply advanced more than expected in December
On an annual basis, M3 money supply recorded a rise of 3.00% in December, in Switzerland, compared to a revised rise of 1.80% in the prior month. Market expectation was for M3 money supply to advance 2.50%.
Canadian wholesale sales rose less than expected in November
On a monthly basis in Canada, wholesale sales climbed 0.20% in November, lower than market expectations for an advance of 0.50%. Wholesale sales had risen 1.10% in the prior month.
Japanese coincident index recorded a rise in November
The final coincident index rose to a level of 115.00 in November, in Japan. The coincident index had recorded a reading of 113.50 in the previous month. The preliminary figures had recorded an advance to 115.10.
Japanese manufacturing PMI advanced in January
The flash manufacturing PMI advanced to 52.80 in January, in Japan. In the prior month, manufacturing PMI had recorded a reading of 52.40.
Japanese all industry activity index rose less than expected in November
The all industry activity index climbed 0.30% on a monthly basis in Japan, in November, lower than market expectations for an advance of 0.40%. In the previous month, the all industry activity index had registered a revised unchanged reading.
Japanese supermarket sales declined in December
Supermarket sales in Japan recorded a drop of 2.00% in December on a YoY basis. Supermarket sales had risen 0.80% in the previous month.
Japanese leading economic index recorded a rise in November
In Japan, the final leading economic index recorded a rise to 102.80 in November, compared to a reading of 100.80 in the previous month. The preliminary figures had recorded an advance to 102.70.
Chinese leading economic index advanced in December
In December, on a monthly basis, the leading economic index in China registered a rise of 0.80%. In the previous month, the leading economic index had risen 1.00%.
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