UK data: October BRC like-for-like retail sales +2.6% y/y (vs. expected +2.4%)

[ad_1] British Retail Consortium data for October 2023. Like-for-like sales data strips out the impact of changes in store size. +2.6% y/y expected +2.4%, prior +2.8% Total sales +2.5% y/y (three month low) 2.7% in September “Many houseolds are also delaying their Christmas spending in the hopes they can grab a bargain in the upcoming

Canadian October S&P Global services PMI 46.6 vs 47.8 prior

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US October S&P Global final services PMI 50.6 vs 50.9 prelim

[ad_1] Prior was 50.2 Composite 50.7 vs 51.0 prelim Prior composite 50.2 business confidence rose to the strongest in four months, Input prices and output charges increased at the weakest rates in three years New orders fell for the third month running, albeit at only a slight pace The ISM services sector survey is due

US October ISM services 51.8 vs 53.0 expected

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Australia Judo Bank Composite PMI up to 47.6 in October from previous 47.3

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Switzerland October CPI +1.7% vs +1.7% y/y expected

[ad_1] Prior +1.7% Core CPI +1.5% y/y Prior +1.3% On the month itself, consumer prices were seen up 0.1%. The stall in the headline annual inflation reading isn’t too comforting when core annual inflation actually ticked higher in October. But for now, this is still well within the threshold that the SNB can manage. This