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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
Euro-zone CPI dropped as expected in September
In the Euro-zone, the final CPI dropped 0.30% on a YoY basis in September, as expected and compared a drop of 0.20% in the prior month.
Euro-zone trade surplus widened in August
In the Euro-zone, seasonally adjusted trade surplus expanded to €21.90 billion in August, compared to a revised surplus of €19.30 billion in the previous month.
US consumer sentiment index climbed more than expected in October
In the US, the preliminary consumer sentiment index advanced to a level of 81.20 in October, compared to a reading of 80.40 in the prior month. Markets were expecting the consumer sentiment index to record an advance to a level of 80.50.
US advance retail sales rose more than expected in September
In the US, advance retail sales recorded a rise of 1.90% on a MoM basis in September, compared to a rise of 0.60% in the prior month. Markets were expecting advance retail sales to record a rise of 0.70%
US industrial production unexpectedly dropped in September
In the US, industrial production eased 0.60% on a MoM basis in September, compared to a rise of 0.40% in the prior month. Markets were expecting industrial production to record an advance of 0.50%.
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