Market Analysis

Economic Diary:
Week Commencing 21/08/23


Monday 21 August

Indicator Previous Expected Actual
PPI Month on Month PPI Month on Month Chart -0.3% -0.2% -1.1%
PPI Year on Year PPI Year on Year Chart 0.1% -5.1% -6.0%

Tuesday 22 August

Indicator Previous Expected Actual
Public Sector Net Borrowing   17.666Bln GB 3.480Bln GB
Existing Home Sales Existing Home Sales Chart 4.16Mln 4.15Mln 4.07Mln

Wednesday 23 August

Indicator Previous Expected Actual
Retail Sales Month on Month Retail Sales Month on Month Chart 0.2% 0.0% 0.1%
New Home Sales-Units Month on Month New Home Sales-Units Month on Month Chart 0.697Mln 0.705Mln 0.714Mln
EIA Weekly Crude Oil Stocks   -5.960Mln -2.850Mln -6.135Mln

Thursday 24 August

Indicator Previous Expected Actual
Durable Goods   4.6% -4.0% -5.2%
Weekly Jobless Claims Weekly Jobless Claims Chart 239k 240k 230k
Durable Goods   4.6% -4.0% -5.2%

Friday 25 August

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -30 -29 -25
GDP Year on Year GDP Year on Year Chart -0.6% -0.6% -0.6%
GDP Quarter on Quarter GDP Quarter on Quarter Chart 0.0% 0.0% 0.0%
IFO Business Climate Expectations IFO Business Climate Expectations Chart 83.5 83.8 82.6
Univ Michigan Conditions Univ Michigan Conditions Chart 77.4 75.7
Univ Michigan Sentiment Univ Michigan Sentiment Chart 71.2 71.2 69.5
Univ Michigan Expectation Univ Michigan Expectation Chart 67.3 65.5

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