Market Analysis

Economic Diary:
Week Commencing 23/01/23


Tuesday 24 January

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -37.8 -33.0 -33.9
Public Sector Net Borrowing   21.196Bln GB 26.581Bln GB
CPI Year on Year CPI Year on Year Chart 7.2% 7.1% 7.2%
CPI Quarter on Quarter CPI Quarter on Quarter Chart 2.2% 1.3% 1.4%

Wednesday 25 January

Indicator Previous Expected Actual
CPI Quarter on Quarter CPI Quarter on Quarter Chart 1.8% 1.6% 1.9%
CPI Year on Year CPI Year on Year Chart 7.3% 7.5% 7.8%
PPI Core Year on Year (nsa) PPI Core Year on Year (nsa) Chart 13.0% +12.4%
PPI Core Month on Month (nsa) PPI Core Month on Month (nsa) Chart 0.4% +0.1%
IFO Business Climate Expectations IFO Business Climate Expectations Chart 83.2 85.0 86.4
ZEW Investor Sentiment   -42.8 -40.0
BoC Rate Decision   4.25% 4.50% 4.50%
EIA Weekly Crude Oil Stocks   8.408Mln 0.971Mln 0.533Mln

Thursday 26 January

Indicator Previous Expected Actual
Consumer Confidence   102.5 102.7 100.9
Durable Goods   -2.1% 2.5% 5.6%
Weekly Jobless Claims Weekly Jobless Claims Chart 190k 205k 186k
New Home Sales-Units Month on Month New Home Sales-Units Month on Month Chart 0.640Mln 0.617Mln 0.616Mln

Friday 27 January

Indicator Previous Expected Actual
PPI Quarter on Quarter PPI Quarter on Quarter Chart 1.9% 0.7%
PPI Year on Year PPI Year on Year Chart 6.4% 5.8%
Consumer Confidence Consumer Confidence Chart 82 83 80
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.2% 0.3% 0.3%
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.1% 0.1%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 4.7% 4.4% 4.4%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 5.5% 5.0%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart 0.0% -0.3%
Personal Income Month on Month Personal Income Month on Month Chart 0.4% 0.2% 0.2%
Pending Home Sales Month on Month Pending Home Sales Month on Month Chart -4.0% -0.9% 2.5%
Univ Michigan Sentiment Univ Michigan Sentiment Chart 64.6 64.6 64.9
Univ Michigan Conditions Univ Michigan Conditions Chart 68.6 68.4
Univ Michigan Expectation Univ Michigan Expectation Chart 62.0 62.7

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