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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
German wholesale price index rose in August
In Germany, the wholesale price index advanced 0.50% on a MoM basis in August, compared to a rise of 1.10% in the prior month.
Australia’s house price index climbed more than expected in 2Q 2021
In Australia, the house price index rose 6.70% on a QoQ basis in 2Q 2021, compared to an advance of 5.40% in the previous quarter. Markets were expecting the index to record a rise of 6.00%.
Australia’s business conditions index climbed in August
In Australia, the business conditions index rose to 14.00 in August, compared to a revised level of 10.00 in the prior month.
Australia’s business confidence index advanced in August
In Australia, the business confidence index rose to a level of -5.00 in August, compared to a revised reading of -7.00 in the previous month.
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