Market Analysis

Economic Diary:
Week Commencing 22/04/24


Monday 22 April

Indicator Previous Expected Actual
Industrial PPI Month on Month Industrial PPI Month on Month Chart 0.7% 0.8%
Industrial PPI Year on Year Industrial PPI Year on Year Chart -1.7% -0.5%

Tuesday 23 April

Indicator Previous Expected Actual
Public Sector Net Borrowing   7.477Bln GB 11.015Bln GB
New Home Sales-Units Month on Month New Home Sales-Units Month on Month Chart 0.662Mln 0.670Mln 0.693Mln

Wednesday 24 April

Indicator Previous Expected Actual
CPI Quarter on Quarter CPI Quarter on Quarter Chart 0.6% 0.8% 1.0%
CPI Year on Year CPI Year on Year Chart 4.1% 3.5% 3.6%
ZEW Investor Sentiment   11.5 17.6
Consumer Confidence   96.5 96.9 95.2
IFO Business Climate Expectations IFO Business Climate Expectations Chart 87.5 88.7 89.9
Durable Goods   1.3% 2.5% 2.6%
Retail Sales Month on Month Retail Sales Month on Month Chart -0.3% 0.1% -0.1%
EIA Weekly Crude Oil Stocks   2.735Mln 0.825Mln -6.368Mln

Thursday 25 April

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -27.4 -26.0 -24.2
Weekly Jobless Claims Weekly Jobless Claims Chart 212k 215k 207k
Pending Home Sales Month on Month Pending Home Sales Month on Month Chart 1.6% 0.8% +3.4%

Friday 26 April

Indicator Previous Expected Actual
GFK Consumer Confidence GFK Consumer Confidence Chart -21 -20 -19
PPI Year on Year PPI Year on Year Chart 4.1% +4.3%
PPI Quarter on Quarter PPI Quarter on Quarter Chart 0.9% +0.9%
Consumer Confidence Consumer Confidence Chart 91 92 90
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 2.8% 2.7% 2.8%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 2.5% 2.6% 2.7%
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.3% 0.3% 0.3%
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.3% 0.3% 0.3%
Personal Income Month on Month Personal Income Month on Month Chart 0.3% 0.5% 0.5%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart 0.4% 0.5%
Dallas Fed PCE Dallas Fed PCE Chart 3.4% 2.9%
Univ Michigan Expectation Univ Michigan Expectation Chart 77.0 76.0
Univ Michigan Conditions Univ Michigan Conditions Chart 79.3 79.0
Univ Michigan Sentiment Univ Michigan Sentiment Chart 77.9 77.9 77.2

Monday 29 April

Indicator Previous Expected Actual
Business Climate Business Climate Chart -0.30
Services Sentiment Services Sentiment Chart 6.3 6.7
Industrial Sentiment Industrial Sentiment Chart -8.8 -8.6
Economic Sentiment Economic Sentiment Chart 96.3 96.7
Consumer Confidence Consumer Confidence Chart -14.7 -14.7
CPI Final Month on Month   0.4% 0.6%

Tuesday 30 April

Indicator Previous Expected Actual
Unemployment Rate Unemployment Rate Chart 2.6% 2.5%
Retail Sales Year on Year Retail Sales Year on Year Chart 4.6% 2.2%
Industrial Production Prelim   -0.6% 3.5%
Retail Sales Retail Sales Chart 0.3% 0.2%
PMI Manufacturing (China) PMI Manufacturing (China) Chart 50.8 50.4
GDP Prelim Quarter on Quarter GDP Prelim Quarter on Quarter Chart 0.1% 0.2%
Retail Sales Year on Year Retail Sales Year on Year Chart -2.7%
Retail Sales Month on Month Retail Sales Month on Month Chart -1.9% 1.5%
PPI Month on Month PPI Month on Month Chart -1.7%
Unemployment Rate (sa) Unemployment Rate (sa) Chart 5.9% 5.9%
Unemployment Change (sa) Unemployment Change (sa) Chart 4k 9k
GDP Flash Estimate Year on Year GDP Flash Estimate Year on Year Chart -0.4% -0.8%
GDP Prelim Year on Year GDP Prelim Year on Year Chart 0.6% 0.3%
GDP Flash Estimate Quarter on Quarter GDP Flash Estimate Quarter on Quarter Chart -0.3% 0.1%
GDP Prelim Quarter on Quarter   0.2% 0.1%
Money Supply M4   0.5%
GDP Month on Month GDP Month on Month Chart 0.6% 0.3%
Consumer Confidence Consumer Confidence Chart 104.7 104.0

Wednesday 01 May

Indicator Previous Expected Actual
PMI Manufacturing   49.9
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart -0.2%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 1.6%
PMI Manufacturing   48.7 48.7
ADP employment report ADP employment report Chart 184k 175k
PMI Manufacturing   49.8
ISM Manufacturing PMI ISM Manufacturing PMI Chart 50.3 50.1
EIA Weekly Crude Oil Stocks   -6.368Mln
FOMC Rate Decision   5.375% 5.375%

Thursday 02 May

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 39.5
PMI Manufacturing   50.4 50.0
PMI Manufacturing   44.9 44.9
PMI Manufacturing   42.2 42.2
PPI Year on Year PPI Year on Year Chart -10.8%
PMI Manufacturing   45.6 45.6
PPI Month on Month PPI Month on Month Chart -1.0%
Trade Balance Trade Balance Chart 1.39Bln CA 1.46Bln CA
Weekly Jobless Claims Weekly Jobless Claims Chart 207k 212k
Trade Balance Trade Balance Chart -68.9Bln US -69.1Bln US
Factory Orders Factory Orders Chart 1.4% 1.6%

Friday 03 May

Indicator Previous Expected Actual
Industrial Production Month on Month   0.2% 0.4%
Unemployment Rate   7.5% 7.5%
PMI Services   54.9 54.9
Unemployment Rate Unemployment Rate Chart 6.5% 6.5%
Non-Farm Payrolls Non-Farm Payrolls Chart 303k 245k
Average Earnings Average Earnings Chart 0.3% 0.3%
Unemployment Rate Unemployment Rate Chart 3.8% 3.8%
ISM Non Manufacturing Prices Paid ISM Non Manufacturing Prices Paid Chart 53.4
ISM Non Manufacturing Employment ISM Non Manufacturing Employment Chart 48.5
ISM Non Manufacturing Business Activity ISM Non Manufacturing Business Activity Chart 57.4
ISM Non Manufacturing New Orders ISM Non Manufacturing New Orders Chart 54.4
ISM Non-Manufacturing PMI ISM Non-Manufacturing PMI Chart 51.4 52.0

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