Guardian Stockbrokers Key Economic News Wednesday 13 June 2018

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

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UK ILO unemployment rate remained unchanged in the February-April 2018 period

In the UK, the ILO unemployment rate remained unchanged at a level of 4.20% in the February-April 2018 period, meeting market expectations.

Euro-zone economic sentiment index slid in June

In the Euro-zone, the economic sentiment index eased to -12.60 in June, compared to a level of 2.40 in the previous month.

German economic sentiment index dropped in June

The economic sentiment index recorded a drop to -16.10 in June, in Germany, compared to a reading of -8.20 in the previous month. Market expectation was for the economic sentiment index to ease to a level of -14.00.

US CPI rose as expected in May

In May, the consumer price index (CPI) in the US registered a rise of 0.20% on a MoM basis, compared to a similar rise in the prior month. Markets were expecting the CPI to climb 0.20%.

Japanese tertiary industry index rose more than expected in April

On a monthly basis in Japan, the tertiary industry index recorded a rise of 1.00% in April, more than market expectations for a rise of 0.60%. In the prior month, the tertiary industry index had recorded a drop of 0.30%.

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