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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK Halifax house price index fell less than expected in March
The Halifax house price index in the UK dropped 1.60% on a MoM basis, in March, compared to an advance of 5.90% in the previous month. Markets were anticipating the index to drop 2.80%.
German industrial production rose more than expected in February
The seasonally adjusted industrial production in Germany rose 0.70% on a monthly basis, in February, compared to a revised unchanged reading in the previous month. Markets were anticipating industrial production to climb 0.50%.
US non-farm payrolls rose in March
In the US, non-farm payrolls rose by 196.00 K in March, more than market anticipations of an advance of 177.00 K. Non-farm payrolls had registered a revised increase of 33.00 K in the prior month.
US consumer credit rose less than expected in February
Consumer credit in the US rose $15.19 billion in February, compared to a revised rise of $17.72 billion in the prior month. Markets were anticipating consumer credit to climb $17.00 billion.
US unemployment rate remained unchanged in March
In the US, unemployment rate remained unchanged at a level of 3.80% in March, at par with market expectations.
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