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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK construction PMI surprisingly fell in August
The construction PMI in the UK recorded an unexpected drop to a level of 51.10 in August, compared to market expectations of a rise to a level of 52.00. In the prior month, the construction PMI had registered a level of 51.90.
UK retail sales across all sectors advanced in August
On an annual basis, retail sales across all sectors registered a rise of 1.30% in August, in the UK. In the previous month, retail sales across all sectors had registered a rise of 0.90%.
Euro-zone producer price index (PPI) remained unchanged in July
In July, the producer price index (PPI) remained flat on a monthly basis in the Euro-zone, compared to a revised fall of 0.20% in the previous month. Markets were anticipating the producer price index (PPI) to advance 0.10%.
Euro-zone investor confidence index surprisingly climbed in September
In September, the investor confidence index registered an unexpected rise to 28.20 in the Euro-zone, higher than market expectations of a fall to a level of 27.00. The investor confidence index had recorded a level of 27.70 in the prior month.
Number of people unemployed in Spain advanced in August
In Spain, number of people unemployed rose by 46.40 K in August, following a decline of 26.90 K in the previous month. Market expectation was for number of people unemployed to rise 12.00 K.
Japanese Markit composite PMI advanced in August
In August, Markit composite PMI registered a rise to 51.90 in Japan. In the prior month, Markit composite PMI had recorded a reading of 51.80.
Chinese Caixin/Markit services PMI index advanced in August
In China, the Caixin/Markit services PMI index advanced to 52.70 in August. The Caixin/Markit services PMI index had recorded a reading of 51.50 in the previous month.
Chinese Caixin composite PMI climbed in August
Caixin composite PMI climbed to 52.40 in August, in China. Caixin composite PMI had registered a level of 51.90 in the previous month.
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