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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
French EU normalised CPI fell as expected in September
In France, the final EU normalised CPI slid 0.20% on a MoM basis in September, compared to an advance of 0.50% in the previous month. Market anticipation was for CPI to ease 0.20%.
Spanish CPI rose as expected in September
On a monthly basis, the final CPI in Spain climbed 0.20% in September, in line with market expectations. The CPI had recorded a rise of 0.10% in the previous month.
US CPI rose less than expected in September
In the US, the CPI rose 0.10%, on a MoM basis, in September, less than market expectations for a rise of 0.20%. In the previous month, the CPI had risen 0.20%.
US initial jobless claims surprisingly climbed in the last week
The seasonally adjusted initial jobless claims in the US unexpectedly advanced to a level of 214.00 K in the week ended 06 October 2018, compared to market expectations of a steady reading. Initial jobless claims had recorded a reading of 207.00 K in the previous week.
Canadian new housing price index unchanged in August
In Canada, the new housing price index remained steady in August, on a MoM basis, lower than market expectations for an advance of 0.10%. In the prior month, the index had climbed 0.10%.
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