Market Analysis

Economic Diary:
Week Commencing 12/09/22


Monday 12 September

Indicator Previous Expected Actual
Manufacturing Output Month on Month Manufacturing Output Month on Month Chart -1.6% 0.4% 0.1%
Industrial Production Month on Month Industrial Production Month on Month Chart -0.9% 0.4% -0.3%
Trade Balance Trade Balance Chart -22.847Bln GB -22.400Bln GB -19.362Bln GB
Manufacturing Output Year on Year Manufacturing Output Year on Year Chart 1.3% 1.6% 1.1%
Trade Balance Non-EU Trade Balance Non-EU Chart -12.290Bln GB -10.194Bln GB
Industrial Production Year on Year Industrial Production Year on Year Chart 2.4% 1.9% 1.1%
Industrial Production Month on Month (sa) Industrial Production Month on Month (sa) Chart -2.1% 0.3% 0.4%
Industrial Production Year on Year (wda) Industrial Production Year on Year (wda) Chart -1.2% -0.4% -1.4%

Tuesday 13 September

Indicator Previous Expected Actual
Consumer Sentiment Consumer Sentiment Chart -3.0% 3.9%
Average Weekly Earnings 3 Month Year on Year Average Weekly Earnings 3 Month Year on Year Chart 5.1% 5.4% 5.5%
CPI Final Year on Year CPI Final Year on Year Chart 7.9% 7.9% 7.9%
Claimant Count Unemployment Change Claimant Count Unemployment Change Chart -10.5k 6.3k
Unemployment Rate (ILO) Unemployment Rate (ILO) Chart 3.8% 3.8% 3.6%
ZEW Current Conditions ZEW Current Conditions Chart -47.6 -52.2 -60.5
ZEW Economic sentiment ZEW Economic sentiment Chart -55.3 -60.0 -61.9
CPI Year on Year (nsa) CPI Year on Year (nsa) Chart 8.5% 8.1% 8.3%
CPI Month on Month (sa) CPI Month on Month (sa) Chart 0.0% -0.1% 0.1%

Wednesday 14 September

Indicator Previous Expected Actual
Industrial Production Revised Industrial Production Revised Chart 1.0% 0.8%
Industrial Production Revised Industrial Production Revised Chart 1.0% 0.8%
RPI Month on Month RPI Month on Month Chart 0.9% 0.7% 0.6%
CPI Year on Year CPI Year on Year Chart 10.1% 10.2% 9.9%
RPI Year on Year RPI Year on Year Chart 12.3% 12.4% 12.3%
CPI Month on Month CPI Month on Month Chart 0.6% 0.6% 0.5%
PPI Core Month on Month (nsa) PPI Core Month on Month (nsa) Chart 1.0% 0.3%
RPI Month on Month RPI Month on Month Chart 0.9% 0.7% 0.6%
CPI Year on Year CPI Year on Year Chart 10.1% 10.2% 9.9%
CPI Month on Month CPI Month on Month Chart 0.6% 0.6% 0.5%
PPI Core Year on Year (nsa) PPI Core Year on Year (nsa) Chart 14.6% 13.7%
RPI Year on Year RPI Year on Year Chart 12.3% 12.4% 12.3%
PPI Core Month on Month (nsa) PPI Core Month on Month (nsa) Chart 1.0% 0.3%
PPI Core Year on Year (nsa) PPI Core Year on Year (nsa) Chart 14.6% 13.7%
Industrial Production Month on Month   0.7% -1.0% -2.3%
Industrial Production Year on Year Industrial Production Year on Year Chart 2.4% 0.4% -2.4%
PPI Final Demand Month on Month PPI Final Demand Month on Month Chart -0.5% -0.1% -0.1%
PPI Core Year on Year PPI Core Year on Year Chart 9.8% 8.8% 8.7%
PPI excl Food and Energy MM PPI excl Food and Energy MM Chart 0.2% 0.3% 0.4%
EIA Weekly Crude Oil Stocks   8.844Mln 0.833Mln 2.442Mln

Thursday 15 September

Indicator Previous Expected Actual
Exports Year on Year Exports Year on Year Chart 19.0% 23.6% 22.1%
Trade Balance Trade Balance Chart -1436.8Bln JP -2398.2Bln JP -2817.3Bln JP
Imports Year on Year Imports Year on Year Chart 47.2% 46.7% 49.9%
Unemployment Rate Unemployment Rate Chart 3.4% 3.4% 3.5%
CPI Final Month on Month CPI Final Month on Month Chart 0.4% 0.4% 0.5%
CPI Final Year on Year CPI Final Year on Year Chart 6.5% 6.5% 6.6%
Trade Balance Trade Balance Chart -24.6Bln EU -34.0Bln EU
House Starts Annualized House Starts Annualized Chart 275.3k 265.0k
Philadelphia Fed Business Index Philadelphia Fed Business Index Chart 6.2 2.8 -9.9
Retail Sales Month on Month   0.0% 0.0% 0.3%
Weekly Jobless Claims Weekly Jobless Claims Chart 222k 226k 213k
Retail Sales Ex-Auto Month on Month   0.4% 0.1% -0.3%
Industrial Production Month on Month Industrial Production Month on Month Chart 0.6% 0.1% -0.2%
Business Inventories Month on Month Business Inventories Month on Month Chart 1.4% 0.6% 0.6%

Friday 16 September

Indicator Previous Expected Actual
Retail Sales Retail Sales Chart 2.7% 3.5% 5.4%
Retail Sales Year on Year Retail Sales Year on Year Chart -3.4% -4.2% -5.4%
Retail Sales Month on Month Retail Sales Month on Month Chart 0.3% -0.5% -1.6%
Trade Balance Trade Balance Chart 0.844Bln EU 2.466Bln EU
CPI Final Month on Month CPI Final Month on Month Chart 0.1% 0.5% 0.6%
CPI Final Month on Month   0.8% 0.8% 0.9%
CPI Final Year on Year   9.0% 9.0% 9.1%
CPI Final Year on Year CPI Final Year on Year Chart 9.1% 9.1% 9.1%
House Starts Annualized House Starts Annualized Chart 275.3k 265.0k 267.4k

MARKET ANALYSIS

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