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ZEW Economic Sentiment for Germany and Eurozone fell in December

The ZEW Indicator of Economic Sentiment for Germany records a decrease of 1.3 points in December 2017 and now stands at 17.4 points. The indicator thus still remains below the long-term average of 23.7 points. The assessment of the current…

UK CPI increased to 3.1%

The Consumer Prices Index including owner occupiers’ housing costs (CPIH) 12-month inflation rate was 2.8% in November 2017, unchanged from October 2017. The Consumer Prices Index (CPI) 12-month rate was 3.1% in November 2017, up from 3.0% in October 2017;…

Australian house prices unexpectedly fell in Q3

The Residential Property Price Index (RPPI) for Sydney fell 1.4 per cent in the September quarter 2017 following positive growth over the last five quarters, according to figures released today by the Australian Bureau of Statistics (ABS). "The fall in…

JOLTS Job Openings at 6.0 million

On the last business day of October, there were 6.0 million job openings, little changed from September. Job openings have been at or near record high levels since June. The job openings rate was 3.9 percent in October. The number…

Italian Retail Sales down by 1.0%

In October 2017, the retail trade decreased by 2.1% compared with October 2016, all store types showed decline as food retailing was down 1.7% and non-food retailing was down 2.4%. Estimates of the value of retail sales fell month-on-month also:…

Rightmove forecasts slowing in house prices rise in 2018

Home owners have had a good run, with every year since 2011 seeing a rise in the price of property coming to market, and the national average rise over those six years being 30.9%, equivalent to 4.6% per year. 2018…

China's CPI fell to 1.7%

China's consumer inflation, which has stayed well within Beijing's 2017 target of 3 percent this year, slowed more than expected in November to 1.7 percent from 1.9 percent previously, as food prices fell. Non-food price inflation quickened to 2.5 percent…

Unemployment Claims down to 236,000

In the week ending December 2, the advance figure for seasonally adjusted initial claims was 236,000, a decrease of 2,000 from the previous week's unrevised level of 238,000. The 4 week moving average was 241,500, a decrease of 750 from…

UK house prices rose by 0.5%, Halifax report shows

House prices in the last three months (September-November) were 2.4% higher than in the previous quarter (June-August). This is the fastest price growth, on this measure, since January. Prices in the three months to November were 3.9% higher than in the same…

German Industrial Production fell by 1.4%

In October 2017, production in industry was down by 1.4% from the previous month on a price, seasonally and working day adjusted basis according to provisional data of the Federal Statistical Office (Destatis). In September 2017, the corrected figure shows…

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