Guardian Stockbrokers Key Economic News Friday 29 November 2019

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The key points from today’s economic news, brought to you by Guardian Stockbrokers.

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UK house prices rose in November

In the UK, the seasonally adjusted house prices advanced 0.50% on a MoM basis in November. The index had advanced 0.20% in the prior month.

UK consumer confidence remained flat in November

In the UK, the consumer confidence remained flat at a level of -14.00 in November. Markets were expecting the index to record a steady reading.

Euro-zone consumer confidence index rose in November

In the Euro-zone, the final consumer confidence index climbed to a level of -7.20 in November, compared to a level of -7.60 in the prior month. Markets were anticipating the index to climb to a reading of -7.20.

Euro-zone economic sentiment indicator rose in November

In the Euro-zone, the economic sentiment indicator rose to a level of 101.30 in November, higher than market expectations of a rise to a level of 101.00. In the prior month, the economic sentiment indicator had registered to a level of 100.80.

German CPI declined more than expected in November

In Germany, the flash consumer price index (CPI) registered a drop of 0.80% on a MoM basis in November, higher than market expectations for a fall of 0.60%. In the previous month, the CPI had registered a rise of 0.10%.

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