Market Analysis

Economic Diary:
Week Commencing 24/04/23


Monday 24 April

Indicator Previous Expected Actual
IFO Business Climate Expectations IFO Business Climate Expectations Chart 91.2 91.5 92.2

Tuesday 25 April

Indicator Previous Expected Actual
Public Sector Net Borrowing   15.859Bln GB 20.709Bln GB
Consumer Confidence Consumer Confidence Chart 104.2 104.0 101.3
New Home Sales-Units Month on Month New Home Sales-Units Month on Month Chart 0.640Mln 0.630Mln 0.683Mln

Wednesday 26 April

Indicator Previous Expected Actual
CPI Year on Year CPI Year on Year Chart 7.8% 6.9% +7%
CPI Quarter on Quarter CPI Quarter on Quarter Chart 1.9% 1.3% +1.4%
GFK Consumer Confidence GFK Consumer Confidence Chart -29.5 -27.9 -25.7
Consumer Confidence Consumer Confidence Chart 81 81 83
ZEW Investor Sentiment   -41.3 -33.3
Durable Goods   -1.0% 0.7% 3.2%
EIA Weekly Crude Oil Stocks   -4.581Mln -1.486Mln -5.054Mln

Thursday 27 April

Indicator Previous Expected Actual
Consumer Confidence   105.1 105.5 105.5
Consumer Confidence Consumer Confidence Chart -17.5 -17.5 -17.5
Economic Sentiment Economic Sentiment Chart 99.3 99.9 99.3
Services Sentiment Services Sentiment Chart 9.4 9.4 10.5
Industrial Sentiment Industrial Sentiment Chart -0.2 0.1 -2.6
Business Climate Business Climate Chart 0.70 0.54
Weekly Jobless Claims Weekly Jobless Claims Chart 245k 248k 230k
Pending Home Sales Month on Month Pending Home Sales Month on Month Chart 0.8% 0.5% -5.2%

Friday 28 April

Indicator Previous Expected Actual
Unemployment Rate Unemployment Rate Chart 2.6% 2.5% 2.8%
Retail Sales Year on Year Retail Sales Year on Year Chart 6.6% 5.8% +7.2%
Industrial Production Prelim   4.6% 0.5% 0.8%
PPI Quarter on Quarter PPI Quarter on Quarter Chart 0.7% +1.0%
PPI Year on Year PPI Year on Year Chart 5.8% +5.2%
GDP Prelim Quarter on Quarter GDP Prelim Quarter on Quarter Chart 0.1% 0.2% 0.2%
PPI Month on Month PPI Month on Month Chart -0.9% 2.0%
Unemployment Change (sa) Unemployment Change (sa) Chart 16k 10k 24k
Unemployment Rate (sa) Unemployment Rate (sa) Chart 5.6% 5.6% 5.6%
GDP Flash Estimate Year on Year GDP Flash Estimate Year on Year Chart 0.3% 0.8% 0.2%
GDP Flash Estimate Quarter on Quarter GDP Flash Estimate Quarter on Quarter Chart -0.4% 0.2% 0.0%
GDP Prelim Year on Year GDP Prelim Year on Year Chart 1.4% 1.4% 1.8%
GDP Prelim Quarter on Quarter   -0.1% 0.2% 0.5%
CPI Final Month on Month   0.8% 0.6% 0.4%
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.3% 0.1%
GDP Month on Month GDP Month on Month Chart 0.5% 0.2% +0.1%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 5.0% 4.2%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart -0.1% 0.0%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 4.6% 4.5% 4.6%
Personal Income Month on Month Personal Income Month on Month Chart 0.3% 0.2% 0.3%
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.3% 0.3% 0.3%
Univ Michigan Expectation Univ Michigan Expectation Chart 60.3 60.5
Univ Michigan Conditions Univ Michigan Conditions Chart 68.6 68.2
Univ Michigan Sentiment Univ Michigan Sentiment Chart 63.5 63.5 63.5

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