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Global Economic Update

09:16, 21 février

Global Economic Update

  • In the UK, the CBI trends selling prices dropped to 25.00 in February, compared to a level of 40.00 in the prior month. The balance of firms reporting total order book above normal fell more-than-expected to a level of 10.00 in February, compared to a reading of 14.00 in the last month.
  • In the Eurozone, the preliminary consumer confidence index eased more-than-expected to 0.10 in February, compared to a level of 1.30 in the previous month. The economic sentiment index fell to 29.30 in February, compared to a reading of 31.80 in January.
  • In Germany, the current situation index fell more-than-forecasted to 92.30 in February, compared to a level of 95.20 in the prior month. The producer price index rose higher-than-anticipated 2.10% on a YoY basis in January, compared to a rise of 2.30% in the last month. The economic sentiment index .dropped to a level of less-than-expected 17.80 in February, compared to a reading of 20.40 in the previous month.
  • In Japan, the all industry activity index advanced more-than-anticipated 0.50% on a MoM basis in December, compared to a rise of 1.00% in the November. The flash manufacturing PMI dropped to 54.00 in February, compared to a level of 54.80 in .the prior month. Supermarket sales rose 0.60% on a YoY basis .in January, compared to a climb of 0.90% in the previous .month. Tokyo department store sales declined 0.20% on an .annual basis in January, compared to a rise of 0.90% in the .previous month. Nationwide department store sales eased 1.20% on an annual basis in January, compared to a drop of 0.60% in the prior month.
  • In Australia, the wage price index jumped higher-than-forecasted 2.10% on a YoY basis in 4Q 2017, compared to a climb of 2.00% in the last month. The Westpac leading index slipped 0.24% on a MoM basis in January, compared to a rise of 0.21% in the previous month.