Market Analysis

Economic Diary:
Week Commencing 10/07/23


Monday 10 July

Indicator Previous Expected Actual
CPI Month on Month (China) CPI Month on Month (China) Chart -0.2% 0.0% -0.2%
PPI Year on Year PPI Year on Year Chart -4.6% -5.0% -5.4%

Tuesday 11 July

Indicator Previous Expected Actual
Retail Sales (Office for National Stats) Retail Sales (Office for National Stats) Chart 3.7% 4.2%
Retail Sales (Office for National Stats) Retail Sales (Office for National Stats) Chart 3.7% 4.2%
Consumer Sentiment Consumer Sentiment Chart 0.2% 2.7%
CPI Final Year on Year CPI Final Year on Year Chart 6.4% 6.4% 6.4%
Unemployment Rate (ILO) Unemployment Rate (ILO) Chart 3.8% 3.8% 4.0%
Average Weekly Earnings 3 Month Year on Year Average Weekly Earnings 3 Month Year on Year Chart 6.5% 6.8% 6.9%
Claimant Count Unemployment Change Claimant Count Unemployment Change Chart -13.6k 25.7k
Industrial Production Month on Month (sa) Industrial Production Month on Month (sa) Chart -1.9% 0.7% 1.6%
Industrial Production Year on Year (wda) Industrial Production Year on Year (wda) Chart -7.2% -4.5% -3.7%
ZEW Economic sentiment ZEW Economic sentiment Chart -8.5 -10.5 -14.7
ZEW Current Conditions ZEW Current Conditions Chart -56.5 -60.0 -59.5

Wednesday 12 July

Indicator Previous Expected Actual
RBNZ Rate Decision RBNZ Rate Decision Chart 5.50% 5.50% 5.50%
CPI Year on Year (nsa) CPI Year on Year (nsa) Chart 4.0% 3.1% 3.0%
CPI Month on Month (sa) CPI Month on Month (sa) Chart 0.1% 0.3% 0.2%
BoC Rate Decision   4.75% 5.00% 5.00%
EIA Weekly Crude Oil Stocks   -1.508Mln 0.483Mln 5.946Mln

Thursday 13 July

Indicator Previous Expected Actual
Industrial Production Year on Year Industrial Production Year on Year Chart -1.9% -2.3% -2.3%
Industrial Production Month on Month Industrial Production Month on Month Chart -0.3% -0.4% -0.6%
Trade Balance Non-EU Trade Balance Non-EU Chart -5.035Bln GB -6.757Bln GB
Manufacturing Output Year on Year Manufacturing Output Year on Year Chart -0.9% -1.7% -1.2%
Trade Balance Trade Balance Chart -14.996Bln GB -14.700Bln GB -18.723Bln GB
Manufacturing Output Month on Month Manufacturing Output Month on Month Chart -0.3% -0.5% -0.2%
CPI Final Month on Month CPI Final Month on Month Chart 0.2% 0.2% 0.2%
CPI Final Year on Year CPI Final Year on Year Chart 5.3% 5.3% 5.3%
Industrial Production Month on Month   1.0% 0.3% 0.2%
Industrial Production Year on Year Industrial Production Year on Year Chart 0.2% -1.2% -2.2%
PPI Core Year on Year PPI Core Year on Year Chart 1.1% 0.4% 0.1%
PPI excl Food and Energy MM PPI excl Food and Energy MM Chart 0.2% 0.2% 0.1%
Weekly Jobless Claims Weekly Jobless Claims Chart 248k 250k 237k
PPI Final Demand Month on Month PPI Final Demand Month on Month Chart -0.3% 0.2% 0.1%

Friday 14 July

Indicator Previous Expected Actual
Industrial Production Revised Industrial Production Revised Chart -1.6% -2.2%
Trade Balance Trade Balance Chart -0.921Bln EU 0.267Bln EU
Trade Balance Trade Balance Chart -11.7Bln EU -0.3Bln EU

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