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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Italian industrial production fell more than expected in January
On a MoM basis, the seasonally adjusted industrial production recorded a drop of 2.30% in January, in Italy, higher than market expectations for a fall of 0.80%. Industrial production had risen 1.40% in the prior month.
Italian industrial production surprisingly dropped in January
In January on an annual basis, the working day adjusted industrial production in Italy recorded an unexpected drop of 0.50%, lower than market expectations for a rise of 3.20%. In the previous month, industrial production had risen by a revised 6.80%.
Italian industrial production registered a rise in January
The non-seasonally adjusted industrial production in Italy recorded a rise of 5.70% on a YoY basis, in January. In the previous month, industrial production had climbed by a revised 3.50%.
Japanese tertiary industry index remained steady in January
On a monthly basis, the tertiary industry index remained unchanged in January, in Japan, lower than market expectations for a rise of 0.10%. The tertiary industry index had recorded a revised drop of 0.30% in the prior month.
Japanese net employment outlook remained flat in 2Q 2017
The net employment outlook in Japan remained unchanged at 23.00% in 2Q 2017.
Chinese retail sales (YTD) rose less than expected in February
Retail sales (YTD) in China recorded a rise of 9.50% on a YoY basis in February, lower than market expectations for a rise of 10.60%. In the previous month, retail sales (YTD) had registered a rise of 10.40%.
Chinese fixed assets investment excl. rural YTD advanced more than expected in February
On a YoY basis, fixed assets investment excl. rural YTD climbed 8.90% in China, in February, higher than market expectations for an advance of 8.30%. Fixed assets investment excl. rural YTD had advanced 8.10% in the previous month.
Chinese industrial production (YTD) advanced more than expected in February
Industrial production (YTD) advanced 6.30% on an annual basis in February, in China, higher than market expectations for an advance of 6.20%. In the previous month, industrial production (YTD) had advanced 6.00%.
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