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Guardian Stockbrokers Key Economic News Wednesday 8 August 2018

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

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UK Halifax house price index rose more than expected in July

On a monthly basis, the Halifax house price index in the UK registered a rise of 1.40% in July, more than market expectations for a rise of 0.20%. In the previous month, the Halifax house price index had risen by a revised 0.30%.

German industrial production dropped more than expected in June

In June, the seasonally adjusted industrial production in Germany dropped 0.90% on a monthly basis, more than market expectations for a fall of 0.50%. In the prior month, industrial production had registered a rise of 2.60%.

German trade surplus widened in June

Germany has registered the seasonally adjusted trade surplus of €21.80 billion in June, from a surplus of €19.70 billion in the prior month. Market expectation was for the nation to register a surplus of €20.90 billion.

US JOLTs job openings unexpectedly climbed in June

The US JOLTs job openings registered an unexpected rise to 6662.00 K in June, higher than market expectations of a drop to a level of 6625.00 K. In the previous month, JOLTs job openings had recorded a revised reading of 6659.00 K.

US consumer credit climbed in June

In the US, the consumer credit climbed $10.21 billion in June. In the previous month, consumer credit had registered a revised rise of $24.26 billion.

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