Market Analysis

Economic Diary:
Week Commencing 09/12/24


Monday 09 December

Indicator Previous Expected Actual
PPI Year on Year PPI Year on Year Chart -2.9% -2.8% -2.5%
CPI Month on Month (China) CPI Month on Month (China) Chart -0.3% -0.4% -0.6%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 1.2%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.7%
ZEW Investor Sentiment   -12.4

Tuesday 10 December

Indicator Previous Expected Actual
RBA Cash Rate RBA Cash Rate Chart 4.35% 4.35% 4.35%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 1.2%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.7%
CPI Final Year on Year CPI Final Year on Year Chart 2.2% 2.2% 2.2%
ZEW Investor Sentiment   -12.4
Industrial Production Month on Month (sa) Industrial Production Month on Month (sa) Chart -0.4% 0.2% 0.0%
Industrial Production Year on Year (wda) Industrial Production Year on Year (wda) Chart -4.0% -3.6% -3.6%

Wednesday 11 December

Indicator Previous Expected Actual
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 1.2%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.7%
ZEW Investor Sentiment   -12.4
CPI Year on Year (nsa) CPI Year on Year (nsa) Chart 2.6% 2.7% 2.7%
CPI Month on Month (sa) CPI Month on Month (sa) Chart 0.2% 0.3% 0.3%
BoC Rate Decision   3.75% 3.25% 3.25%
EIA Weekly Crude Oil Stocks   -5.073Mln -0.901Mln -1.425Mln

Thursday 12 December

Indicator Previous Expected Actual
Unemployment Rate Unemployment Rate Chart 4.1% 4.2% 3.9%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.7%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 1.2%
ZEW Investor Sentiment   -12.4
ECB Rate Decision ECB Rate Decision Chart 3.40% 3.15% 3.15%
PPI Final Demand Month on Month PPI Final Demand Month on Month Chart 0.2% 0.2% 0.4%
Weekly Jobless Claims Weekly Jobless Claims Chart 224k 220k 242k
PPI excl Food and Energy MM PPI excl Food and Energy MM Chart 0.3% 0.2% 0.2%
PPI Core Year on Year PPI Core Year on Year Chart 2.4% 2.6% 3.0%
Tankan Big Non-Manufacturers Index Tankan Big Non-Manufacturers Index Chart 34 32 33
Tankan Big Manufacturers Index Tankan Big Manufacturers Index Chart 13 12 14

Friday 13 December

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -18 -18 -17
Industrial Production Revised Industrial Production Revised Chart 3.0% 2.8%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart 1.2%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 3.7%
Industrial Production Month on Month Industrial Production Month on Month Chart -0.5% 0.3% -0.6%
Trade Balance Non-EU Trade Balance Non-EU Chart -5.313Bln GB -7.277Bln GB
Manufacturing Output Month on Month Manufacturing Output Month on Month Chart -1.0% 0.2% -0.6%
Trade Balance Trade Balance Chart 17.0Bln EU 16.1Bln EU 13.4Bln EU
Manufacturing Output Year on Year Manufacturing Output Year on Year Chart -0.7% 0.9% 0.0%
Industrial Production Year on Year Industrial Production Year on Year Chart -1.8% 0.2% -0.7%
Trade Balance Trade Balance Chart -16.321Bln GB -15.500Bln GB -18.969Bln GB
CPI Final Year on Year CPI Final Year on Year Chart 1.7% 1.7% 1.7%
CPI Final Month on Month CPI Final Month on Month Chart 0.1% -0.1% -0.1%
ZEW Investor Sentiment   -12.4
Industrial Production Month on Month   -2.0% -0.1% 0.0%
Industrial Production Year on Year Industrial Production Year on Year Chart -2.8% -1.9% -1.2%

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