ZEW October survey: current conditions index hits -35.9, beating -45.0 expectation
Germany's ZEW current conditions index for October reached -35.9, surpassing the expected -45.0 and the prior -47.1.
UK unemployment rate fell to 4.7% in August, below the 5.0% forecast. Other labour market indicators showed mixed results.
Additional data is expected.
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Germany's ZEW current conditions index for October reached -35.9, surpassing the expected -45.0 and the prior -47.1.
German producer prices rose more than expected in September, with the annual rate hitting 6.7%, the highest since March 2023, driven by energy costs.
BOJ likely holds rate at 1.25% on Oct 30, may raise 2027 inflation forecast on oil price pass-through.
German September producer prices rose 1.9% m/m, topping forecasts; the y/y gain was measured against a 6.2% expectation.