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The key points from today’s economic news, brought to you by Guardian Stockbrokers.
UK unemployment rate remained unchanged as expected in November
In the UK, the unemployment rate remained unchanged at 3.70% in November, at par with market expectations.
UK average earnings including bonus advanced more than anticipated in November
In the UK, average earnings including bonus rose 6.40% in November, compared to a rise of 6.10% in the previous month. Market anticipations were for average earnings including bonus to rise 6.10%.
Euro-zone economic sentiment unexpectedly advanced in January
In the Euro-zone, the economic sentiment index unexpectedly climbed to 16.70 in January, compared to a level of -23.60 in the previous month.
German CPI advanced as expected in December
In Germany, the consumer price index (CPI) climbed 8.60% on a YoY basis in December, at par with market anticipations.
US NY Empire State manufacturing index declined in January
In the US, the NY Empire State manufacturing index dropped to -32.90 in January, compared to a level of -11.20 in the prior month. The Markets were expecting the index to drop to -4.50.
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