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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Rightmove house price index advanced in May
The Rightmove house price index in the UK rose 0.80% in May on a MoM basis. In the previous month, the Rightmove house price index had registered a rise of 0.40%.
Euro-zone trade surplus widened in March
The seasonally adjusted trade surplus in the Euro-zone widened to €21.20 billion in March, compared to a revised trade surplus of €20.90 billion in the prior month. Markets were expecting the region to record a trade surplus of €21.00 billion.
Canadian retail sales advanced more than expected in March
The retail sales in Canada rose 0.60% in March on a MoM basis, higher than market expectations for an advance of 0.30%. In the prior month, retail sales had recorded a revised rise of 0.50%.
Canadian CPI advanced less than expected in April
On a YoY basis, the consumer price index (CPI) registered a rise of 2.20% in Canada, in April, compared to a rise of 2.30% in the prior month. Markets were expecting the CPI to rise 2.30%.
Japanese merchandise (total) trade surplus fell in April
In April, merchandise (total) trade surplus in Japan narrowed to ¥626.00 billion, compared to a merchandise (total) trade surplus of ¥797.30 billion in the prior month. Market anticipation was for the nation to record a merchandise (total) trade surplus of ¥440.00 billion.
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