Market Analysis

Economic Diary:
Week Commencing 19/06/23


Monday 19 June

Indicator Previous Expected Actual
Industrial PPI Month on Month Industrial PPI Month on Month Chart -0.2% -0.7% -1.0%
Industrial PPI Year on Year Industrial PPI Year on Year Chart -3.5% -6.3%

Tuesday 20 June

Indicator Previous Expected Actual
Industrial Production Revised Industrial Production Revised Chart -0.4% 0.7%
PPI Year on Year PPI Year on Year Chart 4.1% 1.7% 1.0%
PPI Month on Month PPI Month on Month Chart 0.3% -0.7% -1.4%
Housing Starts Housing Starts Chart 1.401Mln 1.400Mln 1.631Mln

Wednesday 21 June

Indicator Previous Expected Actual
PPI Core Year on Year (nsa) PPI Core Year on Year (nsa) Chart 6.0% 4.1%
RPI Year on Year RPI Year on Year Chart 11.4% 11.2% 11.3%
PPI Core Month on Month (nsa) PPI Core Month on Month (nsa) Chart 0.0% -0.3%
CPI Month on Month CPI Month on Month Chart 1.2% 0.5% 0.7%
CPI Year on Year CPI Year on Year Chart 8.7% 8.4% 8.7%
RPI Month on Month RPI Month on Month Chart 1.5% 0.5% 0.7%
Public Sector Net Borrowing   24.739Bln GB 19.224Bln GB
Retail Sales Month on Month Retail Sales Month on Month Chart -1.4% 0.2% 1.1%

Thursday 22 June

Indicator Previous Expected Actual
MPC Vote For Rate Hike   7 7 7
MPC Vote For Rate Cut   0 0 0
BoE Rate Decision BoE Rate Decision Chart 4.50% 4.75% 5.00%
MPC Vote For Rate Unchanged   2 2 2
Current Account Balance Current Account Balance Chart -206.8Bln US -217.5Bln US -219.3Bln US
Weekly Jobless Claims Weekly Jobless Claims Chart 262k 260k 264k
Existing Home Sales Existing Home Sales Chart 4.28Mln 4.25Mln 4.30Mln
EIA Weekly Crude Oil Stocks   7.919Mln 0.329Mln -3.831Mln

Friday 23 June

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -27 -26 -24
CPI Core Nationwide Year on Year CPI Core Nationwide Year on Year Chart 3.4% 3.1% 3.2%
CPI Overall Nationwide CPI Overall Nationwide Chart 3.5% 3.2%
Retail Sales Month on Month Retail Sales Month on Month Chart 0.5% -0.2% 0.3%
Retail Sales Year on Year Retail Sales Year on Year Chart -3.0% -2.6% -2.1%

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