Date
GMT+00:00
Event Previous Forecast Actual
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 -
Jan, 07 08:55
★★
Unemployment Rate
Unemployment Rate
Country:
Date: Jan, 07 08:55
Importance: Medium
Previous: 6.3%
Forecast: -
Actual: -
Period: Nov

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.

6.3% - -
Jan, 07 09:30
★★
Construction PMI
Construction PMI
Country:
Date: Jan, 07 09:30
Importance: Medium
Previous: 39.4
Forecast: 40.5
Actual: -
Period: Dec

The Construction Purchasing Manager's Index (PMI) measures the level of activity among purchasing managers in the construction sector of the economy. Above 50 signals industry expansion; below 50 indicates a contraction. Construction figures are an important indicator of housing demand.

39.4 40.5 -
Jan, 07 10:00
★★
Consumer Price Index
Consumer Price Index
Country:
Date: Jan, 07 10:00
Importance: Medium
Previous: 2.1%
Forecast: 2.0%
Actual: -
Period: Dec

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.

2.1% 2.0% -
Jan, 07 10:00
★★
Consumer Price Index Core
Consumer Price Index Core
Country:
Date: Jan, 07 10:00
Importance: Medium
Previous: 2.4%
Forecast: 2.4%
Actual: -
Period: Dec

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.

2.4% 2.4% -