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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone business climate index climbed in September
In the Euro-zone, the business climate index rose to -0.36 in September, compared to a revised level of -0.41 in the prior month.
Euro-zone consumer confidence index fell as anticipated in September
In the Euro-zone, the consumer confidence index dropped to -17.80 in September, at par with market expectations and compared to a level of -16.00 in the previous month.
Euro-zone economic sentiment index declined less than expected in September
In the Euro-zone, the economic sentiment index fell to 93.30 in September, compared to a revised level of 93.60 in the prior month. Markets were expecting the index to drop to 92.50.
German CPI rose less than expected in September
In Germany, the CPI advanced 4.50% on a YoY basis in September, compared to a rise of 6.10% in the previous month. Markets were expecting the index to rise 4.60%.
US annualised GDP grew as anticipated in 2Q23
In the US, annualised GDP rose 2.10% in 2Q23, at par with market expectations and compared to rise of 2.00% in the previous quarter.
US initial jobless claims advanced less than expected in the week ended 22 September 2023
In the US, initial jobless claims rose to 204.00K in the week ended 22 September 2023, compared to a revised level of 202.00K. Markets were expecting jobless claims to rise to 215.00K.
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