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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK house price index rose more than expected in September
The house price index in the UK advanced 3.50% on a YoY basis in September, more than market expectations for an advance of 3.20%. In the prior month, the index had recorded a revised rise of 3.10%.
UK CPI advanced less than expected in October
In the UK, the consumer price index (CPI) rose 0.10% on a monthly basis, in October, less than market expectations for an advance of 0.20%. In the prior month, the CPI had registered a similar rise.
Euro-zone GDP rose as expected in 3Q 2018
On a quarterly basis, the seasonally adjusted second estimate of GDP registered a rise of 0.20% in the Euro-zone, in 3Q 2018, meeting market expectations. GDP had advanced 0.40% in the prior quarter.
German GDP fell more than expected in 3Q 2018
On a quarterly basis, the seasonally adjusted preliminary GDP in Germany recorded a drop of 0.20% in 3Q 2018, more than market expectations for a drop of 0.10%. GDP had risen 0.50% in the prior quarter.
US CPI advanced as expected in October
The CPI in the US recorded a rise of 0.30%, on a MoM basis, in October, compared to an advance of 0.10% in the prior month. Markets were expecting the CPI to rise 0.30%.
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