Date
GMT+00:00
Event Previous Forecast Actual
Dec, 02 07:30
★★
CPI
CPI
Country:
Date: Dec, 02 07:30
Importance: Medium
Previous: 0.0% m/m; -0.6% y/y
Forecast: -0.1% m/m; -0.6% y/y
Actual: -
Period: Nov

It is the key gauge for inflation in Switzerland. Simply put, inflation reflects a decline in the purchasing power of the Franc, where each Franc buys fewer goods and services. The CPI calculates the change in the price of a predetermined basket of consumer goods and services. This basket represents the goods and services that an average household will purchase. The figure is compared to those of the previous month as well as the previous year in order to gauge changes to the costs of living on a month to month and year to year basis. The headline number is the percentage change either from the previous month's value or the previous year's value.

As the key indicator of inflation, a rising CPI may prompt the Swiss National Bank to raise interest rates in attempt to manage inflation and slow economic growth. Higher interest rates make holding the Franc more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Franc.

0.0% m/m; -0.6% y/y -0.1% m/m; -0.6% y/y -
Dec, 02 07:30
Consumer Price Index - EU Harmonised
Consumer Price Index - EU Harmonised
Country:
Date: Dec, 02 07:30
Importance: Low
Previous: 0.0% m/m; -0.9% y/y
Forecast: -
Actual: -
Period: Nov
The Consumer Price Index - EU Harmonised is economic indicator constructed to measure the changes over time in the prices of consumer goods and services acquired by households. The HICPs give comparable measures of inflation in the euro-zone, the EU, the European Economic Area and for other countries including accession and candidate countries. They are calculated according to a harmonised approach and a single set of definitions. They provide the official measure of consumer price inflation in the euro-zone for the purposes of monetary policy in the euro area and assessing inflation convergence as required under the Maastricht criteria.
0.0% m/m; -0.9% y/y - -
Dec, 02 08:00
Unemployment Change
Unemployment Change
Country:
Date: Dec, 02 08:00
Importance: Low
Previous: 49.6K
Forecast: -
Actual: -
Period: Nov

The indicator shows the number of unemployed people in Spain.

49.6K - -
Dec, 02 09:00
Unemployment Rate
Unemployment Rate
Country:
Date: Dec, 02 09:00
Importance: Low
Previous: 9.6%
Forecast: 9.9%
Actual: -
Period: Oct

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

9.6% 9.9% -
Dec, 02 10:00
PPI
PPI
Country:
Date: Dec, 02 10:00
Importance: Low
Previous: 0.3% m/m; -2.4% y/y
Forecast: 0.4% m/m
Actual: -
Period: Oct

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

0.3% m/m; -2.4% y/y 0.4% m/m -