Date
GMT+01:00
Event
Jul, 17 01:30
MI Leading Index
MI Leading Index
Country:
Date: Jul, 17 01:30
Importance: Low
Previous: -0.1%
Forecast: -
Actual: -
Period: Jun

A leading indicator for Australian economic activity calculated by Melbourne Institute.

Jul, 17 08:30
Member of the Executive Board of the ECB Benoit Coeure Speaks
Member of the Executive Board of the ECB Benoit Coeure Speaks
Country:
Date: Jul, 17 08:30
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Benoit Coeure is a French economist who was appointed to the Executive Board of the European Central Bank (ECB) in 2011.
Jul, 17 09:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Jul, 17 09:30
Importance: High
Previous: 0.3% m/m; 2.0% y/y
Forecast: 0.0% m/m; 2.0% y/y
Actual: -
Period: Jun

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

Jul, 17 09:30
★★
Consumer Price Index-Core
Consumer Price Index-Core
Country:
Date: Jul, 17 09:30
Importance: Medium
Previous: 1.7%
Forecast: 1.8%
Actual: -
Period: Jun

CPI assesses changes in the cost of living by measuring changes consumer pay for a set of items. CPI serves as the headline figure for inflation. Simply put, inflation reflects a decline in the purchasing power of the dollar, where each dollar buys fewer goods and services. In terms of measuring inflation, CPI is the most obvious way to quantify changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical American household might purchase. An increase in the Consumer Price Index indicates that it takes more dollars to purchase the same set basket of basic consumer items.

Inflation is generally bad news for the economy, causing instability, uncertainty and hardship. To address inflation, the Fed may raise interest rates. However, the Fed relies on the PCE Deflator as its primary gauge of inflation because the CPI does not account for the ability of consumer to substitute out of CPI's set. Price changes tend to cause consumers to switch from buying one good to a less expensive-other, a tendency that the fixed-basket CPI figure does not yet account for. Given that the PCE Deflator is a more comprehensive calculation, based on changes in consumption; it is the figure the Fed prefers.

The figure is released monthly, as either a month over month annualized percentage change, or percentage change for the full year. The figure is seasonally adjusted to account seasonal consumption patterns.Inflation is generally bad news for the economy, causing instability, uncertainty and hardship. To address inflation, the Fed may raise interest rates. However, the Fed relies on the PCE Deflator as its primary gauge of inflation because the CPI does not account for the ability of consumer to substitute out of CPI's set. Price changes tend to cause consumers to switch from buying one good to a less expensive-other, a tendency that the fixed-basket CPI figure does not yet account for. Given that the PCE Deflator is a more comprehensive calculation, based on changes in consumption; it is the figure the Fed prefers.

The figure is released monthly, as either a month over month annualized percentage change, or percentage change for the full year. The figure is seasonally adjusted to account seasonal consumption patterns.

Jul, 17 09:30
★★
Retail price index
Retail price index
Country:
Date: Jul, 17 09:30
Importance: Medium
Previous: 0.3% m/m; 3.0% y/y
Forecast: 0.1% m/m; 2.9% y/y
Actual: -
Period: Jun

In the United Kingdom, the Retail Prices Index or Retail Price Index (RPI) is a measure of inflation published monthly by the Office for National Statistics.

Jul, 17 09:30
★★
PPI Input
PPI Input
Country:
Date: Jul, 17 09:30
Importance: Medium
Previous: 0.0% m/m; 1.3% y/y
Forecast: -1.0% m/m; 0.3% y/y
Actual: -
Period: Jun

A monthly survey that measures change in input prices as incurred by UK manufacturers. Input prices include the cost of materials used plus operation costs of running the business. The index can be used as a measure of inflation, given that higher input costs will likely be passed on from producers to consumers in the form of higher retail prices.

The headline is the percentage change in the Producer Price Index (Input) from the previous quarter and previous year.

Jul, 17 09:30
PPI Output
PPI Output
Country:
Date: Jul, 17 09:30
Importance: Low
Previous: 0.3% m/m; 1.8% y/y
Forecast: 0.1% m/m; 1.7% y/y
Actual: -
Period: Jun

A monthly survey that measures the price changes of goods produced by UK manufacturers. The figure is also known as "Factory Gate Price" because it usually matches the price of goods when they first leave the factory. Increased prices in manufacturing typically lead to higher retail prices for consumers. However, it is also likely that higher output prices are caused by manufacturers charging a higher premium due to higher demand for their goods. Consequently, market trends in consumption should be considered with Output PPI to avoid data misinterpretation.

Jul, 17 09:30
House Price Index
House Price Index
Country:
Date: Jul, 17 09:30
Importance: Low
Previous: 1.4%
Forecast: 1.2%
Actual: -
Period: May

A broad measure of the movement of single-family house prices. Apart from serving as an indicator of house price trends, the House Price Index (HPI) provides an analytical tool for estimating changes in the rates of mortgage defaults, prepayments and housing affordability. It is a weighted, repeat-sales index, which means that it measures average price changes in repeat sales or refinancings on the same properties.

Jul, 17 10:00
★★
Consumer Price Index
Consumer Price Index
Country:
Date: Jul, 17 10:00
Importance: Medium
Previous: 1.2%
Forecast: 1.2%
Actual: -
Period: Jun

CPI is the key gauge for inflation in the Eurozone. Inflation, simply put, is a decline in the purchasing power of the Euro, where each Euro buys fewer goods and services due to higher consumer prices. The index tracks changes in the price of a basket of goods and services that a typical household might purchase. When the CPI is high, it indicates that significant inflationary pressures exist in Eurozone economies. This puts pressure on the European Central Bank to raise interest rates. When CPI comes out lower than expected, the ECB is expected to lower interest rates, or keep them lower, to encourage economic growth. As a rule, the Bank adjusts rates in order to keep Europe consumer price inflation in the 0 to 2 percent range.

Jul, 17 10:00
Consumer Price Index Core
Consumer Price Index Core
Country:
Date: Jul, 17 10:00
Importance: Low
Previous: 1.1%
Forecast: 1.1%
Actual: -
Period: Jun

CPI is the key gauge for inflation in the Eurozone. Inflation, simply put, is a decline in the purchasing power of the Euro, where each Euro buys fewer goods and services due to higher consumer prices. The index tracks changes in the price of a basket of goods and services that a typical household might purchase. When the CPI is high, it indicates that significant inflationary pressures exist in Eurozone economies. This puts pressure on the European Central Bank to raise interest rates. When CPI comes out lower than expected, the ECB is expected to lower interest rates, or keep them lower, to encourage economic growth. As a rule, the Bank adjusts rates in order to keep Europe consumer price inflation in the 0 to 2 percent range.

Jul, 17 10:30
30-y Bond Auction
30-y Bond Auction
Country:
Date: Jul, 17 10:30
Importance: Low
Previous: 0.26%; 1.6
Forecast: -
Actual: -
Period: Jul
Yields are set by bond market investors, and therefore they can be used to decipher investors' outlook on future interest rates. The bid-to-cover ratio represents bond market liquidity and demand, which can be used to gauge investor confidence.
Jul, 17 13:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Jul, 17 13:30
Importance: High
Previous: 0.4% m/m; 2.4% y/y
Forecast: -0.3% m/m; 2.0% y/y
Actual: -
Period: Jun

The key gauge for inflation in Canada. Simply put, inflation reflects a decline in the purchasing power of the Canadian Dollar, meaning each Dollar buys fewer goods and services. CPI is the most obvious way to measure changes in purchasing power - the report tracks changes in the price of a basket of goods and services that a typical Canadian household might purchase. An increase in the index indicates that it takes more Dollars to purchase this same set of basic consumer items.

As the most important indicator of inflation in Canada , Consumer Price figures are closely followed by Canada 's central bank. The Bank of Canada has a target inflation band of 1 - 3 % and uses CPI and Core CPI as its principle gauge (the Bank of Canada posts inflation targets and CPI on their homepage). A rising CPI may prompt the central bank to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Dollar more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Dollar.

Jul, 17 13:30
★★
Consumer Price Index Core
Consumer Price Index Core
Country:
Date: Jul, 17 13:30
Importance: Medium
Previous: 0.4% m/m; 2.1% y/y
Forecast: 0.1% m/m; 2.6% y/y
Actual: -
Period: Jun

CPI Excluding Core Eight

The Consumer Price Index excluding eight items which the Bank of Canada has deemed to have the most volatility from month to month. The goods omitted tend to fluctuate idiosyncratically and may distort CPI data. The headline figure for CPI is the percentage change in the index on a month to month and year to year basis.

Note : These Eight items include: fruit, vegetables, gasoline, fuel oil, natural gas, mortgage interest, inter-city transportation and tobacco products. Changes in the CPI Excluding the Core 8 are recognized as a better indicator of inflation than the regular CPI. The headline figure is reported as a percent change on both the month to month and year to year basis.

Jul, 17 13:30
★★
Common Core CPI
Common Core CPI
Country:
Date: Jul, 17 13:30
Importance: Medium
Previous: 1.8%
Forecast: 1.8%
Actual: -
Period: Jun
The Common calculation helps expose the underlying inflation trend through filtering out price movements that might be caused by factors specific to certain components. Source first released in Dec 2016. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
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