Date
GMT+01:00
Event Value
May, 19 07:00
★★
Claimant Count Change
Claimant Count Change
Country:
Date: May, 19 07:00
Importance: Medium
Previous: 26.8K
Forecast: 23.1K
Actual: -
Period: Apr

The UK claimant count provides data on those individuals who are out of work and who are claiming some sort of unemployment benefit.

26.8K
May, 19 07:00
★★
Claimant Count Rate
Claimant Count Rate
Country:
Date: May, 19 07:00
Importance: Medium
Previous: 4.9%
Forecast: 4.9%
Actual: -
Period: Mar

The Claimant Count is the UK's most timely measure of unemployment. The report measures the number of people who claim unemployment benefits, but actively seeking work. The Claimant Count serves as a barometer for the health of the UK labor market. Higher job growth accompanies economic expansion and could spark inflationary pressures.

The headline number is a percentage change in the figure.

4.9%
May, 19 07:00
★★
Average Earnings Index
Average Earnings Index
Country:
Date: May, 19 07:00
Importance: Medium
Previous: 3.8%; 3.6%
Forecast: 3.8%; 3.4%
Actual: -
Period: Mar
It's a leading indicator of consumer inflation - when businesses pay more for labor the higher costs are usually passed on to the consumer. Data represents the 3-month moving average compared to the same period a year earlier. A figure that excludes bonuses is also released, but not included for lack of significance. Source changed series calculation formula as of Jan 2010
3.8%; 3.6%
May, 19 10:00
Current Account (sa)
Current Account (sa)
Country:
Date: May, 19 10:00
Importance: Low
Previous: 7.0
Forecast: 5.4
Actual: -
Period: Mar

  The Current Account summarizes the flow of goods, services, income and transfer payments into and out of the country. The report acts as a line-item record of how the domestic economy interacts with rest of the world. The Current Account is one of the three components that make up a country's Balance of Payments (Financial Account, Capital Account and Current Account), the detailed accounting of all international interactions. Where the other side of the Balance of Payments, Capital and Financial Accounts deal mainly with financial assets and investments, the Current Account gives a detailed breakdown of how the country intermingles with rest of the global economy on a non-investment basis - tracking good and services.

7.0
May, 19 13:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: May, 19 13:30
Importance: High
Previous: 0.9%; 2.4%
Forecast: 0.8%; 3.1%
Actual: -
Period: Apr

The key gauge for inflation in Canada. Simply put, inflation reflects a decline in the purchasing power of the Canadian Dollar, meaning each Dollar buys fewer goods and services. CPI is the most obvious way to measure changes in purchasing power - the report tracks changes in the price of a basket of goods and services that a typical Canadian household might purchase. An increase in the index indicates that it takes more Dollars to purchase this same set of basic consumer items.

As the most important indicator of inflation in Canada , Consumer Price figures are closely followed by Canada 's central bank. The Bank of Canada has a target inflation band of 1 - 3 % and uses CPI and Core CPI as its principle gauge (the Bank of Canada posts inflation targets and CPI on their homepage). A rising CPI may prompt the central bank to raise interest rates in order to manage inflation and slow economic growth. Higher interest rates make holding the Dollar more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Dollar.

0.9%; 2.4%
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