January 2018 German unemployment report 31 January 2018

  • Prior -29k
  • Unemployment rate 5.4% vs 5.5% exp SA. Prior 5.5%
  • Unemploytment total 2.415m vs 2.442m prior. Revised to 2.439m
  • Unemployment total 2.570m vs 2.385m prior NSA

Apart from a blip over the crisis, Germany has had a steady and stable employment market.

Also out;

  • Italy unemployment rate Dec 2017 10.8% vs 10.9% exp. Prior 11.0%
  • Swiss ZEW Jan 2018 34.5 vs 52.0 prior
  • Spain current account bal Nov 2017 3.04bn vs 1.68bn prior
  • France CPI Jan 2018 1.5% vs 1.1% exp y/y. Prior 1.2%
  • Dec 2017 PPI 0.0% vs 1.4% prior m/m
  • German retail sales -1.9% vs -0.3% exp m/m. Prior 2.3%. Revised to 1.9%
  • -1.9% vs 2.8% exp y/y. Prior 4.4%. Revised to 4.3%
  • Spain HICP flash Jan 2018 0.7% vs 0.8% exp y/y. Prior 1.2%

 

Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
Philosophy: “Don’t be a Dick for a tick”

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Ryan Littlestone

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