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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK CBI distributive trade survey’s retail sales balance climbed in November
The CBI distributive trade survey’s retail sales balance in the UK advanced to 19.00% in November, compared to market expectations of a rise to 10.00%. The CBI distributive trade survey’s retail sales balance had registered a reading of 5.00% in the previous month.
UK BRC shop price index rose in November
In the UK, the BRC shop price index registered a rise of 0.10% on an annual basis in the UK, in November. In the previous month, the index had fallen 0.20%.
French consumer confidence declined in November
In November, consumer confidence index in France registered a drop to a level of 92.00, lower than market expectations of a fall to 94.00. The index had recorded a level of 95.00 in the prior month.
US housing price index rose less than expected in September
The US housing price index rose 0.20% on a monthly basis, in September, lower than market expectations for an advance of 0.40%. The index had recorded a revised rise of 0.40% in the previous month.
US CB consumer confidence index dropped in November
The CB consumer confidence index in the US recorded a drop to a level of 135.70 in November, meeting market expectations. In the previous month, the index had registered a reading of 137.90.
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