The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK house price index rose less than expected in December
In the UK, the house price index recorded a rise of 0.20% on a MoM basis in December, compared to a revised rise of 1.00% in the prior month. Markets were expecting the house price index to record a rise of 0.50%.
Eurozone unemployment rate unexpectedly dropped in November
In the Euro-zone, the unemployment rate recorded an unexpected drop to 8.30% in November, compared to a rate of 8.40% in the previous month. Markets were expecting the unemployment rate to advance to 8.50%.
German industrial production rose more than expected in November
In Germany, the seasonally adjusted industrial production registered a rise of 0.90% on a MoM basis in November, compared to a revised rise of 3.40% in the prior month. Markets were expecting industrial production to climb 0.70%.
US unemployment rate remained unchanged in December
In the US, unemployment rate remained steady at 6.70% in December. Market anticipations were for the unemployment rate to climb to 6.80%.
US non-farm payrolls unexpectedly dropped in December
In the US, non-farm payrolls registered a drop of 140.00K in December, compared to a revised increase of 336.00K jobs in the previous month. Markets were expecting non-farm payrolls to record an advance of 71.00K jobs.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.