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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK BRC shop price index dropped in March
In the UK, the BRC shop price index eased 0.80% on a YoY basis in March. In the previous month, the BRC shop price index had registered a drop of 0.60%.
Euro-zone CPI climbed less than expected in March
In the Euro-zone, the preliminary consumer price index (CPI) advanced 0.70% on an annual basis in March, compared to a rise of 1.20% in the previous month. Markets were anticipating the CPI to rise 0.80%.
German unemployment rate remained flat in March
In Germany, the seasonally adjusted unemployment rate remained flat at a level of 5.00% in March, lower than market expectations of an advance to a level of 5.10%. In the prior month, unemployment rate had recorded a similar level.
US consumer confidence index dropped in March
In the US, the consumer confidence index fell to a level of 120.00 in March. In the prior month, the consumer confidence index had recorded a revised reading of 132.60.
Chinese manufacturing PMI index advanced in March
In China, the manufacturing PMI index rose to a level of 50.10 in March. In the previous month, the manufacturing PMI index had registered a reading of 40.30.
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