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

German CPI advanced as expected in July
The final consumer price index (CPI) climbed 0.40% on a MoM basis in Germany, in July, at par with market expectations. The preliminary figures had also recorded a rise of 0.40%. In the previous month, the CPI had recorded a rise of 0.20%.
German CPI advanced as expected in July
The final CPI rose 1.70% in Germany on an annual basis in July, compared to a rise of 1.60% in the previous month. Market anticipation was for the CPI to advance 1.70%. The preliminary figures had also recorded a rise of 1.70%.
German HICP rose as expected in July
In Germany, the final harmonised consumer price index (HICP) recorded a rise of 0.40% on a MoM basis in July, in line with market expectations. The preliminary figures had also indicated an advance of 0.40%. The HICP had advanced 0.20% in the previous month.
German HICP rose as expected in July
The final HICP in Germany advanced 1.50% in July on an annual basis, in line with market expectations. The HICP had registered a similar rise in the prior month. The preliminary figures had also recorded a rise of 1.50%.
French CPI (ex-tobacco) advanced as expected in July
The final CPI (ex-tobacco) in France climbed 0.70% in July on an annual basis, compared to a similar rise in the prior month. Markets were expecting the CPI (ex-tobacco) to climb 0.70%. The preliminary figures had also recorded an advance of 0.70%.
French CPI (ex-tobacco) declined as expected in July
In July, on a MoM basis, the final CPI (ex-tobacco) recorded a drop of 0.30% in France, compared to an unchanged reading in the previous month. The preliminary figures had also indicated a drop of 0.30%. Market expectation was for the CPI (ex-tobacco) to drop 0.30%.
French EU normalised CPI declined as expected in July
In July, the final EU normalised CPI eased 0.40% in France on a monthly basis, meeting market expectations. The preliminary figures had also indicated a fall of 0.40%. In the prior month, EU normalised CPI had recorded a flat reading.
Italian EU normalised CPI advanced as expected in July
In July, the final EU normalised CPI advanced 1.20% on a YoY basis in Italy, in line with market expectations. The preliminary figures had also indicated an advance of 1.20%. The EU normalised CPI had registered a similar rise in the prior month.
Italian EU normalised CPI fell in July
In July, on a MoM basis, the final EU normalised CPI fell 1.90% in Italy. The EU normalised CPI had fallen 0.20% in the prior month. The preliminary figures had also recorded a drop of 1.90%.
Italian CPI advanced as expected in July
In July, the final CPI rose 0.10% in Italy on a MoM basis, compared to a drop of 0.10% in the prior month. The preliminary figures had also indicated an advance of 0.10%. Markets were anticipating the CPI to advance 0.10%.
Italian CPI rose as expected in July
On a YoY basis in July, the final CPI advanced 1.10% in Italy, at par with market expectations. In the prior month, the CPI had risen 1.20%. The preliminary figures had also recorded a rise of 1.10%.
Spanish CPI declined as expected in July
The final CPI fell 0.70% on a monthly basis in July, in Spain, at par with market expectations. In the prior month, the CPI had recorded a flat reading. The preliminary figures had also recorded a fall of 0.70%.
Spanish HICP index advanced as expected in July
In July, the final HICP index registered a rise of 1.70% in Spain on an annual basis, meeting market expectations. The preliminary figures had also indicated an advance of 1.70%. In the previous month, the HICP index had risen 1.60%.
Spanish CPI advanced as expected in July
In July, the final CPI in Spain, advanced 1.50% on a YoY basis, in line with market expectations. In the prior month, the CPI had registered a similar rise. The preliminary figures had also indicated an advance of 1.50%.
Spanish HICP index dropped as expected in July
In July, the final HICP index in Spain registered a drop of 1.20% on a monthly basis, at par with market expectations. In the prior month, the HICP index had risen 0.10%. The preliminary figures had also indicated a fall of 1.20%.
US CPI (ex-food & energy) advanced less than expected in July
In the US, the CPI (ex-food & energy) climbed 0.10% in July on a MoM basis, compared to a revised similar rise in the previous month. Market anticipation was for the CPI (ex-food & energy) to advance 0.20%.
US CPI rose less than expected in July
In July, on an annual basis, the CPI in the US recorded a rise of 1.70%, compared to an advance of 1.60% in the previous month. Markets were expecting the CPI to climb 1.80%.
US CPI dropped in July
The non-seasonally adjusted CPI fell to a level of 244.79 in July, in the US, lower than market expectations of a drop to 244.92. The CPI had registered a reading of 245.00 in the prior month.
US CPI (ex-food & energy) rose as expected in July
In July, on an annual basis, the CPI (ex-food & energy) in the US registered a rise of 1.70%, compared to a similar rise in the previous month. Markets were expecting the CPI (ex-food & energy) to climb 1.70%.
US core CPI climbed in July
In July, the seasonally adjusted core CPI rose to a level of 251.91 in the US, lower than market expectations of a rise to 252.00. In the prior month, the core CPI had recorded a level of 251.63.
US CPI slid in July
In July, on a MoM basis, the non-seasonally adjusted CPI registered a drop of 0.10% in the US. In the previous month, CPI had advanced 0.10%.
US CPI rose less than expected in July
The CPI recorded a rise of 0.10% on a MoM basis in July, in the US, compared to an unchanged reading in the prior month. Markets were expecting the CPI to rise 0.20%.
Japanese GDP deflator declined less than expected in 2Q 2017
On a YoY basis, the preliminary gross domestic product (GDP) deflator dropped 0.40% in Japan, in 2Q 2017, lower than market expectations for a drop of 0.50%. The GDP deflator had recorded a drop of 0.80% in the previous quarter.
Japanese nominal GDP rose more than expected in 2Q 2017
In 2Q 2017, on a quarterly basis, the preliminary nominal gross domestic product (GDP) advanced 1.10% in Japan, more than market expectations for an advance of 0.70%. In the prior quarter, nominal GDP had registered a drop of 0.30%.
Japanese annualised GDP advanced more than expected in 2Q 2017
On a quarterly basis, the flash annualised GDP in Japan rose 4.00% in 2Q 2017, compared to an advance of 1.00% in the prior quarter. Market anticipation was for annualised GDP to advance 2.50%.
Japanese GDP advanced more than expected in 2Q 2017
The preliminary GDP recorded a rise of 1.00% on a quarterly basis in Japan, in 2Q 2017, more than market expectations for a rise of 0.60%. In the prior quarter, GDP had climbed 0.30%.
Chinese industrial production advanced less than expected in July
On a YoY basis, industrial production in China advanced 6.40% in July, lower than market expectations for a rise of 7.10%. In the previous month, industrial production had advanced 7.60%.
Chinese industrial production (YTD) advanced less than expected in July
In China, industrial production (YTD) registered a rise of 6.80% in July on an annual basis, compared to an advance of 6.90% in the previous month. Market expectation was for industrial production (YTD) to rise 6.90%.
Chinese fixed assets investment excl. rural YTD advanced less than expected in July
Fixed assets investment excl. rural YTD in China advanced 8.30% on an annual basis in July, less than market expectations for a rise of 8.60%. In the previous month, fixed assets investment excl. rural YTD had recorded a rise of 8.60%.
Chinese retail sales rose less than expected in July
In July, on a YoY basis, retail sales climbed 10.40% in China, compared to a rise of 11.00% in the previous month. Market expectation was for retail sales to climb 10.80%.
Chinese retail sales (YTD) rose less than expected in July
On an annual basis, in July, retail sales (YTD) recorded a rise of 10.40% in China, compared to a similar rise in the prior month. Market anticipation was for retail sales (YTD) to climb 10.50%.
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