Market Analysis

Economic Diary:
Week Commencing 16/10/23


Monday 16 October

Indicator Previous Expected Actual
Industrial Production Revised Industrial Production Revised Chart 0.0% -0.7%
CPI Final Month on Month   1.7% 1.7% 1.7%
Trade Balance Trade Balance Chart 1.331Bln EU -1.011Bln EU
CPI Final Year on Year   5.7% 5.7% 5.6%
Trade Balance Trade Balance Chart 1.065Bln EU -1.011Bln EU
Trade Balance Trade Balance Chart 6.5Bln EU 6.7Bln EU
CPI Year on Year CPI Year on Year Chart 6.0% 5.9% 5.6%
CPI Quarter on Quarter CPI Quarter on Quarter Chart 1.1% 2.0% 1.8%

Tuesday 17 October

Indicator Previous Expected Actual
Average Weekly Earnings 3 Month Year on Year Average Weekly Earnings 3 Month Year on Year Chart 8.5% 8.3% 8.1%
ZEW Current Conditions ZEW Current Conditions Chart -79.4 -80.8 -79.9
ZEW Economic sentiment ZEW Economic sentiment Chart -11.4 -9.3 -1.1
House Starts Annualized House Starts Annualized Chart 252.8k 240.0k
CPI Boc Core Month on Month CPI Boc Core Month on Month Chart 0.1% -0.1%
CPI BoC Core Year on Year CPI BoC Core Year on Year Chart 3.3% 2.8%
Retail Sales Month on Month   0.6% 0.3% 0.7%
CPI Month on Month CPI Month on Month Chart 0.4% 0.1% -0.1%
CPI Year on Year CPI Year on Year Chart 4.0% 4.0% 3.8%
Retail Sales Ex-Auto Month on Month   0.6% 0.2% 0.6%
Industrial Production Month on Month Industrial Production Month on Month Chart 0.4% 0.0% 0.3%
Business Inventories Month on Month Business Inventories Month on Month Chart 0.0% 0.3% 0.4%

Wednesday 18 October

Indicator Previous Expected Actual
China GDP Year on Year China GDP Year on Year Chart 6.3% 4.4% +4.9%
Retail Sales Retail Sales Chart 4.6% 4.9% +5.5%
CPI Month on Month CPI Month on Month Chart 0.3% 0.5% +0.5%
RPI Month on Month RPI Month on Month Chart 0.6% 0.5% 0.5%
RPI Year on Year RPI Year on Year Chart 9.1% 8.9% 8.9%
CPI Year on Year CPI Year on Year Chart 6.7% 6.6% 6.7%
PPI Core Year on Year (nsa) PPI Core Year on Year (nsa) Chart 1.6% 0.7%
PPI Core Month on Month (nsa) PPI Core Month on Month (nsa) Chart -0.1% 0.0%
CPI Final Year on Year CPI Final Year on Year Chart 4.3% 4.3% 4.3%
CPI Final Month on Month CPI Final Month on Month Chart 0.5% 0.3% 0.3%
House Starts Annualized House Starts Annualized Chart 252.8k 240.0k 270.5k
Housing Starts Housing Starts Chart 1.283Mln 1.380Mln 1.358Mln
EIA Weekly Crude Oil Stocks   10.176Mln -0.300Mln -4.491Mln

Thursday 19 October

Indicator Previous Expected Actual
Exports Year on Year Exports Year on Year Chart -0.8% 3.1% 4.3%
Imports Year on Year Imports Year on Year Chart -17.8% -12.9% -16.3%
Trade Balance Trade Balance Chart -930.5Bln JP -425.0Bln JP 62.4Bln JP
Unemployment Rate Unemployment Rate Chart 3.7% 3.7% +3.6%
Philadelphia Fed Business Index Philadelphia Fed Business Index Chart -13.5 -6.6 -9.0
Industrial PPI Year on Year Industrial PPI Year on Year Chart -0.5% 0.6%
Industrial PPI Month on Month Industrial PPI Month on Month Chart 1.3% 0.4%
Weekly Jobless Claims Weekly Jobless Claims Chart 209k 212k 198k
Existing Home Sales Existing Home Sales Chart 4.04Mln 3.89Mln 3.96Mln

Friday 20 October

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -21 -20 -30
CPI Overall Nationwide CPI Overall Nationwide Chart 3.2% +3.0%
CPI Core Nationwide Year on Year CPI Core Nationwide Year on Year Chart 3.1% 2.7% +2.8%
Retail Sales Month on Month Retail Sales Month on Month Chart 0.4% -0.2% -0.9%
Public Sector Net Borrowing   10.756Bln GB 13.526Bln GB
Retail Sales Year on Year Retail Sales Year on Year Chart -1.4% -0.1% -1.0%
PPI Year on Year PPI Year on Year Chart -12.6% -14.2% -14.7%
PPI Month on Month PPI Month on Month Chart 0.3% 0.4% -0.2%
Retail Sales Month on Month Retail Sales Month on Month Chart 0.3% -0.3% -0.1%

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