Market Analysis

Economic Diary:
Week Commencing 13/03/23


Monday 13 March

Indicator Previous Expected Actual
Consumer Sentiment Consumer Sentiment Chart -6.9% 0.0%

Tuesday 14 March

Indicator Previous Expected Actual
Claimant Count Unemployment Change Claimant Count Unemployment Change Chart -12.9k -11.2k
Unemployment Rate (ILO) Unemployment Rate (ILO) Chart 3.7% 3.8% +3.7%
Average Weekly Earnings 3 Month Year on Year Average Weekly Earnings 3 Month Year on Year Chart 5.9% 5.7% 5.7%
Industrial Production Year on Year (wda) Industrial Production Year on Year (wda) Chart 0.1% 2.9% 1.4%
Industrial Production Month on Month (sa) Industrial Production Month on Month (sa) Chart 1.6% -0.1% -0.7%
CPI Year on Year (nsa) CPI Year on Year (nsa) Chart 6.4% 6.0% 6.0%
CPI Month on Month (sa) CPI Month on Month (sa) Chart 0.5% 0.4% 0.4%

Wednesday 15 March

Indicator Previous Expected Actual
Retail Sales Retail Sales Chart -1.8% 3.5% +3.5%
CPI Final Month on Month CPI Final Month on Month Chart 1.0% 1.0% 1.1%
CPI Final Year on Year CPI Final Year on Year Chart 7.2% 7.2% 7.3%
Industrial Production Year on Year Industrial Production Year on Year Chart -1.7% 0.2% +0.9%
Industrial Production Month on Month   -1.1% 0.4% +0.7%
House Starts Annualized House Starts Annualized Chart 215.4k 220.0k 244.0k
Retail Sales Month on Month   3.0% -0.3% -0.4%
PPI excl Food and Energy MM PPI excl Food and Energy MM Chart 0.5% 0.4% 0.0%
PPI Core Year on Year PPI Core Year on Year Chart 6.0% 5.4% 4.6%
PPI Final Demand Month on Month PPI Final Demand Month on Month Chart 0.7% 0.3% -0.1%
Retail Sales Ex-Auto Month on Month   2.3% -0.1% -0.1%
Business Inventories Month on Month Business Inventories Month on Month Chart 0.3% 0.0% -0.1%
EIA Weekly Crude Oil Stocks   -1.694Mln 1.188Mln 1.550Mln
Imports Year on Year Imports Year on Year Chart 17.8% 12.2% 8.3%
Exports Year on Year Exports Year on Year Chart 3.5% 7.1% 6.5%
Trade Balance Trade Balance Chart -3496.6Bln JP -1069.4Bln JP -897.7Bln JP

Thursday 16 March

Indicator Previous Expected Actual
Unemployment Rate Unemployment Rate Chart 3.7% 3.6% +3.5%
Industrial Production Revised Industrial Production Revised Chart -4.6% -5.3%
CPI Final Month on Month   0.2% 0.2% 0.1%
CPI Final Year on Year   9.9% 9.9% 9.8%
Housing Starts Housing Starts Chart 1.309Mln 1.310Mln 1.450Mln
Philadelphia Fed Business Index Philadelphia Fed Business Index Chart -24.3 -15.6 -23.2
Weekly Jobless Claims Weekly Jobless Claims Chart 211k 205k 192k
ECB Rate Decision ECB Rate Decision Chart 3.00% 3.50% 3.50%

Friday 17 March

Indicator Previous Expected Actual
Trade Balance Trade Balance Chart -2.932Bln EU -2.808Bln EU
CPI Final Month on Month CPI Final Month on Month Chart -0.2% 0.8% +0.8%
CPI Final Year on Year CPI Final Year on Year Chart 8.5% 8.5% 8.5%
Industrial PPI Month on Month Industrial PPI Month on Month Chart 0.4% -0.8%
Industrial PPI Year on Year Industrial PPI Year on Year Chart 5.4% 1.4%
Industrial Production Month on Month Industrial Production Month on Month Chart 0.0% 0.2% 0.0%

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