The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK BRC shop price index slid in October
The BRC shop price index dropped 1.80% on an annual basis, in October, in the UK. The BRC shop price index had recorded a drop of 1.90% in the prior month.
UK construction PMI declined in October
Compared to a level of 59.90 in the prior month, the construction PMI registered a drop to 58.80 in October, in the UK. Markets were anticipating the construction PMI to drop to 58.80.
Number of people unemployed in Spain advanced in October
Number of people unemployed in Spain registered a rise of 82.30 K in October, compared to market expectations of an advance of 71.00 K. Number of people unemployed had recorded a gain of 26.10 K in the prior month.
US New York City current business condition index advanced in October
In October, the New York City current business condition index in the US registered a rise to 65.80, higher than market expectations of an advance to 46.00. In the previous month, the New York City current business condition index had registered a level of 44.50.
US Redbook index rose in the last week
The Redbook index in the US climbed 1.90% on an annual basis, in the week ended 30 October 2015. In the prior week, the Redbook index had climbed 1.50%.
US total vehicle sales rose surprisingly in October
Total vehicle sales in the US recorded an unexpected rise to 18.12 million in October, compared to a reading of 18.07 million in the previous month. Markets were anticipating total vehicle sales to ease to 17.70 million.
US factory orders dropped more than expected in September
Factory orders dropped 1.00% on a monthly basis in September, in the US, higher than market expectations for a drop of 0.90%. In the prior month, factory orders had fallen by a revised 2.10%.
US economic optimism index recorded an unexpected drop in November
The economic optimism index recorded an unexpected drop to 45.50 in November, in the US, compared to a level of 47.30 in the prior month. Market expectation was for the economic optimism index to rise to a level of 47.40.
US number of new vehicles sold domestically declined in October
Number of new vehicles sold domestically fell to a level of 14.14 million in the US, in October, compared to market expectations of a fall to a level of 14.00 million. Number of new vehicles sold domestically had recorded a reading of 14.36 million in the prior month.
US Redbook index registered a rise in the last week
On a MoM basis, the seasonally adjusted Redbook index advanced 0.10% in the US, in the week ended 30 October 2015. The Redbook index had registered an unchanged reading in the previous week.
Japanese Markit composite PMI climbed in October
In October, Markit composite PMI in Japan climbed to 52.30, compared to a reading of 51.20 in the previous month.
Japanese monetary base registered a rise in October
The monetary base registered a rise of 32.50% on a YoY basis, in October, in Japan. The monetary base had risen 35.10% in the previous month.
Chinese Caixin composite PMI climbed in October
Compared to a level of 48.00 in the previous month Caixin composite PMI in China registered a rise to 49.90 in October.
Chinese Caixin/Markit services PMI index advanced in October
In China, the Caixin/Markit services PMI index advanced to 52.00 in October. In the prior month, the Caixin/Markit services PMI index had registered a reading of 50.50.
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