Date
GMT+01:00
Event Previous Forecast Actual
Sep, 29 13:30
Industrial Product Price Index
Industrial Product Price Index
Country:
Date: Sep, 29 13:30
Importance: Low
Previous: -0.4%
Forecast: -
Actual: -
Period: Aug

Industrial Product Price Index released by the Statistics Canada measures price changes for major commodities sold by Canadian manufactures. Changes in the IPP index are widely followed as an indicator of commodity inflation.

-0.4% - -
Sep, 29 13:30
Raw Materials Price Index
Raw Materials Price Index
Country:
Date: Sep, 29 13:30
Importance: Low
Previous: 2.2%
Forecast: -
Actual: -
Period: Aug

Measures the prices paid by Canadian manufacturers for key raw materials, including resources not produced in Canada. Also known as the Producer Price Index, the RMPI is an early measure of inflation. Although producers may not pass on changes in raw material prices to consumers immediately, the index will record these cost pressures before they reach the end consumer and affect inflation rates. The headline figure is the percentage change in the price index from the previous month and year.

The index includes prices for raw materials like mineral fuels, vegetable products, animal and animal products, wood, ferrous materials, non-ferrous metals, and non-metallic minerals.
 

2.2% - -
Sep, 29 14:00
SNB Quarterly Bulletin
SNB Quarterly Bulletin
Country:
Date: Sep, 29 14:00
Importance: Low
Previous: -
Forecast: -
Actual: -
Period: -
Tends to have a mild impact because much of the information is released 2 weeks earlier in the Monetary Policy Assessmen.
- - -
Sep, 29 15:00
★★
Pending Home Sales
Pending Home Sales
Country:
Date: Sep, 29 15:00
Importance: Medium
Previous: -1.8% m/m; -8.5% y/y
Forecast: -
Actual: -
Period: Aug

Tracks residential housing contract activity of existing single-family homes. The Pending Home Sales report is an advanced read on trends in the US housing market. Housing is typically correlated to the overall state of the economy; particularly indicative of economic turning points. A sharp drop in housing demand typically acts as a warning signal of economic slowdown as buyers are reluctant to purchase houses when interest rates are high, disposable income is low, or consumer confidence is low. Conversely, a rebound in the housing market is often a leading indicator of an economic recovery.

The report headline is expressed in percentage change in pending home sales from previous month.

-1.8% m/m; -8.5% y/y - -
Sep, 29 22:45
Building Permits
Building Permits
Country:
Date: Sep, 29 22:45
Importance: Low
Previous: 2.1%
Forecast: -
Actual: -
Period: Aug

The number of new building projects authorized for construction New Zealand . Building Consents, or Building Permits, are issued when a building project has been authorized to begin construction. Since Building Consents serve as one of the earliest signals of expanded housing supply, the report is a leading indicator for the overall housing market. Also, because of the high outlays needed for construction projects Building Permits suggests optimism for corporate or consumer spending. Lastly, housing indicators are popular leading indicators due to the multiplier effect that they have on the rest of the economy. The headline is the percentage change in new consents for the month.

Note: When looking deeper into the report it is important to analyze in detail what the type of projects the consents are for, as Building Consents include residential housing as well as 'big-ticket' non-residential buildings and government projects that can create large gyrations in the report month to month.

2.1% - -