Date
GMT+00:00
Event Previous Forecast Actual
Jan, 07 00:30
Building Approvals
Building Approvals
Country:
Date: Jan, 07 00:30
Importance: Low
Previous: -6.4%; -1.8%
Forecast: 2.1%
Actual: -
Period: Nov

The number of domestic building permits granted for the month. Strong growth in new approvals and permits indicates a growing housing market. Because real estate generally leads economic developments - housing tends to thrive at the start of booms and wane at the onset of recession. The figure can be used with others to forecast future growth in the economy as a whole. For this reason Business Approvals is one of eight components used to construct the Conference Board Leading Index, a widely used index to forecast Australia's economic course. A strong housing market also tends to lead consumer spending. The headline number is the seasonally adjusted percentage change in new building approvals from the previous month.

-6.4%; -1.8% 2.1% -
Jan, 07 00:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Jan, 07 00:30
Importance: High
Previous: 0.0%; 3.8%
Forecast: 0.1%; 3.7%
Actual: -
Period: Nov

The headline inflation gauge for Australia. Simply put, inflation reflects a decline in the purchasing power of the Aussie 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 is typically bought by a metropolitan Australian households. An increase in the index indicates that it takes more Australian Dollars to purchase this same set of basic consumer items.

Unlike most other countries, Australia publishes CPI quarterly instead of monthly, increasing the market impact of the report upon release. The headline number is released as the percentage change from the previous quarter or year.

0.0%; 3.8% 0.1%; 3.7% -
Jan, 07 07:00
Retail Sales
Retail Sales
Country:
Date: Jan, 07 07:00
Importance: Low
Previous: -0.3%; 0.9%
Forecast: 0.2%
Actual: -
Period: Nov

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy since private consumption makes up a large portion of German Gross Domestic Product. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures.

The headline figure is expressed as the percentage change from the same month last year.

-0.3%; 0.9% 0.2% -
Jan, 07 08:00
Foreign Currency Reserves
Foreign Currency Reserves
Country:
Date: Jan, 07 08:00
Importance: Low
Previous: 727
Forecast: -
Actual: -
Period: Dec

This is the amount of foreign currency reserves that are held by the Central Bank of a country. In general use, foreign currency reserves also include gold and IMF reserves. Also, people may take into account liquid assets that can easily be converted into foreign currency.

727 - -
Jan, 07 08:55
★★
Unemployment Change
Unemployment Change
Country:
Date: Jan, 07 08:55
Importance: Medium
Previous: 1K
Forecast: 3K
Actual: -
Period: Nov

The indicator shows the number of unemployed people in Germany.

1K 3K -