Register for real-time alerts, custom portfolio, and market movers
The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK CPI advanced less than expected in August
In the UK, the consumer price index (CPI) climbed 9.9% on a YoY basis in August, compared to a rise of 10.10% in the prior month. Markets were expecting the CPI to record a rise of 10.20%.
UK house price index advanced more than anticipated in August
In the UK, the DCLG house price index climbed 15.50% on a YoY basis in August, compared to a rise of 7.80% in the previous month. Market anticipations were for the index to rise 10.20%.
Euro-zone industrial production dropped more than anticipated in July
In the Euro-zone, industrial production fell 2.30% on a MoM basis in July, compared to a revise rise of 1.10% in the previous month. Markets were anticipating industrial production to fall 1.00%.
US PPI advanced less than expected in August
In the US, the producer price index (PPI) climbed 8.70% on a YoY basis in August, compared to a rise of 9.80% in the prior month. Markets were expecting the PPI to rise 8.80%.
US MBA mortgage applications dropped in the week ended 9 September 2022
In the US, the MBA mortgage applications fell 1.20% in the week ended 9 September 2022, compared to a drop of 0.8% in the previous week.
Click here to sign up for the in depth Guardian Stockbrokers Market Daily report.
