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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Spanish PPI rose in February
The producer price index (PPI) in Spain advanced 1.30% in February on an annual basis. In the prior month, the producer price index had registered a revised flat reading.
Spanish PPI advanced in February
The PPI advanced 0.10% on a MoM basis in Spain, in February. The PPI had registered a revised similar rise in the prior month.
US new home sales fell in February
In the US, new home sales eased 0.60%, on monthly basis, to a level of 618.00 K in February, lower than market expectations of 620.00 K. In the previous month, new home sales had recorded a revised level of 622.00 K.
US non-defence capital goods orders (ex aircraft) advanced more than expected in February
On a MoM basis, the preliminary non-defence capital goods orders (ex aircraft) registered a rise of 1.80% in February, in the US, higher than market expectations for a rise of 0.90%. In the previous month, the non-defence capital goods orders (ex aircraft) had dropped 0.30%.
US durable goods orders advanced more than expected in February
The flash durable goods orders climbed 3.10% on a monthly basis in the US in February, higher than market expectations for a rise of 1.60%. In the prior month, durable goods orders had recorded a drop of 3.60%.
US non-defence capital goods shipments (ex aircraft) advanced more than expected in February
On a monthly basis, in February, the flash non-defence capital goods shipments (ex aircraft) climbed 1.40% in the US, more than market expectations for an advance of 0.50%. In the prior month, the non-defence capital goods shipments (ex aircraft) had dropped 0.10%.
US durable goods orders (ex transportation) advanced more than expected in February
On a MoM basis in the US, the flash durable goods orders (ex transportation) climbed 1.20% in February, compared to a fall of 0.30% in the prior month. Markets were expecting durable goods orders (ex transportation) to climb 0.50%.
Canadian retail sales (ex-autos) rose more than expected in January
On a monthly basis, in January, retail sales (ex-autos) recorded a rise of 0.90% in Canada, more than market expectations for a rise of 0.80%. Retail sales (ex-autos) had dropped by a revised 1.70% in the prior month.
Canadian CPI rose more than expected in February
The consumer price index (CPI) in Canada climbed 0.60% in February on a monthly basis, compared to a rise of 0.70% in the previous month. Markets were anticipating the CPI to advance 0.40%.
Canadian CPI rose in February
On a MoM basis, the seasonally adjusted CPI registered a rise of 0.20% in February, in Canada. In the prior month, CPI had registered a rise of 0.50%.
Canadian CPI rose in February
The CPI in Canada advanced, on MoM basis, to a level of 132.50 in February, higher than market expectations of 132.40. In the prior month, the CPI had recorded a level of 131.70.
Canadian retail sales advanced less than expected in January
Retail sales rose 0.30% on a MoM basis in Canada, in January, less than market expectations for an advance of 1.10%. In the prior month, retail sales had registered a revised drop of 0.70%.
Canadian CPI advanced more than expected in February
On an annual basis, in February, the CPI rose 2.20% in Canada, compared to a rise of 1.70% in the prior month. Market expectation was for the CPI to advance 1.90%.
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