The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK manufacturing PMI dropped less than expected in September
In the UK, the manufacturing PMI fell to 57.10 in September, compared to a reading of 60.30 in the previous month. Markets were expecting the manufacturing PMI to drop to 56.30.
Euro-zone CPI advanced more than expected in September
In the Euro-zone the CPI rose 3.40% on a YoY basis in September, compared to a rise of 3.00% in the prior month. Markets were expecting the CPI to record an advance of 3.30%.
Euro-zone manufacturing PMI fell more than anticipated in September
In the Euro-zone, the manufacturing PMI dropped to 58.60 in September, compared to a level of 61.40 in the previous month. Markets were expecting the manufacturing PMI to fall to 58.70.
German manufacturing PMI dropped in September
In Germany, the final manufacturing PMI registered a drop to 58.40 in September, compared to a level of 62.60 in the prior month. Markets were expecting the manufacturing PMI to record a drop to 58.50.
US ISM manufacturing PMI unexpectedly climbed in September
In the US, the ISM manufacturing PMI unexpectedly rose to 61.10 in September, compared to a level of 59.90 in the previous month. Markets were expecting the manufacturing PMI to fall to a level of 59.60.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.