Date
GMT+01:00
Event Previous Forecast Actual
Apr, 30 13:00
★★
CPI
CPI
Country:
Date: Apr, 30 13:00
Importance: Medium
Previous: 0.4% m/m; 1.3% y/y
Forecast: -
Actual: -
Period: Apr

Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures. Simply put, inflation reflects a decline in the purchasing power of the Euro in Germany , where each Euro buys fewer goods and services. CPI is the most popular way to measure changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical German household might purchase. An increase in the index indicates that it takes more Euros to purchase this same set of basic consumer items.

The German CPI is significant as one of the primary gauges of inflation. As the largest Eurozone economy, inflation in Germany will contribute significantly to inflation in the Eurozone and the behavior of the European Central Bank. High or rising inflation acts as a signal to the ECB to raise interest rates, an action which will result in the strengthening of the Euro. The headline figure for CPI is the percentage change in monthly and annualized percentage term.

0.4% m/m; 1.3% y/y - -
Apr, 30 13:00
★★
Harmonized CPI
Harmonized CPI
Country:
Date: Apr, 30 13:00
Importance: Medium
Previous: 0.5% m/m; 1.4% y/y
Forecast: -
Actual: -
Period: Apr

The Harmonized Index of Consumer Prices (HICP) reflects changes in the prices of consumer goods and services in a specified period of time. The HICP measures changes of the average price level for goods and services that households consume (the fixed consumer basket). HICP is pure price index. It does not reflect the changes in buying or consumption patterns, brands, and does not reflect the effect of outlet and service provider substitution.

0.5% m/m; 1.4% y/y - -
Apr, 30 13:30
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Gross Domestic Product
Gross Domestic Product
Country:
Date: Apr, 30 13:30
Importance: High
Previous: 0.3% m/m; 1.6% y/y
Forecast: -
Actual: -
Period: Feb

A comprehensive measure of Canada's overall production and consumption of goods and services. GDP is a significant report in FX Market, serving as one of the primary indicators of a country's overall economic health.

Robust GDP growth signals a heightened level of economic activity and often a higher demand for the domestic currency. At the same time, economic expansion raises concerns about inflationary pressures which may prompt monetary authorities to increase interest rates. Thus positive GDP readings are generally bullish for the Canadian Dollar, while negative readings are generally bearish.

Most production reports that lead to Canadian GDP are released before the official GDP number. Therefore, actual GDP figures usually confirm expectations. However, an unexpected release can move markets due to the significance of the figure.

Technically, Gross Domestic Product is calculated in the following way:

GDP = C + I + G + (EX - IM)

where
C = private consumption
I = private investment
G = government expenditure
EX = exports of goods and services
IM = imports of goods and services

The headline figures for GDP are the percentage growth rate from the previous quarter and the annualized percentage change in GDP. Prices used are benchmarked to 1997 prices.

0.3% m/m; 1.6% y/y - -
Apr, 30 13:30
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Raw Materials Price Index
Raw Materials Price Index
Country:
Date: Apr, 30 13:30
Importance: Medium
Previous: 4.6%
Forecast: -
Actual: -
Period: Mar

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.
 

4.6% - -
Apr, 30 13:30
Industrial Product Price Index
Industrial Product Price Index
Country:
Date: Apr, 30 13:30
Importance: Low
Previous: 0.3%
Forecast: -
Actual: -
Period: Mar

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.

0.3% - -