Date
GMT+00:00
Event Value
Feb, 13 10:00
Industrial Production
Industrial Production
Country:
Date: Feb, 13 10:00
Importance: Low
Previous: 0.2%; -1.9%
Forecast: -0.6%; -3.1%
Actual: -
Period: Dec

Measures the volume change of output of the manufacturing and energy sector. The industrial sector contributes to only a quarter of the Eurozone GDP. However, most variations in the GDP come from the industrial sector, whereas other sectors that contribute far more to national output historically have been very consistent regardless of economic cycles. That is why tracking industrial production is very important for forecasting GDP changes.

Note: The Industrial Production figure can be adjusted for the number of working days in the given time period and/or seasonally to account for weather related changes in production.

0.2%; -1.9%
Feb, 13 13:30
★★
PPI
PPI
Country:
Date: Feb, 13 13:30
Importance: Medium
Previous: 0.2%; 3.3%
Forecast: 0.3%
Actual: -
Period: Jan

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 price 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.

0.2%; 3.3%
Feb, 13 13:30
★★
PPI Core
PPI Core
Country:
Date: Feb, 13 13:30
Importance: Medium
Previous: 0.0%; 3.5%
Forecast: 0.3%; 3.3%
Actual: -
Period: Jan

The Core Producer Price Index (PPI) measures the change in the selling price of goods and services sold by producers, excluding food and energy. The PPI measures price change from the perspective of the seller. When producers pay more for goods and services, they are more likely to pass the higher costs to the consumer, so PPI is thought to be a leading indicator of consumer inflation.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

0.0%; 3.5%
Feb, 13 13:30
★★★
Unemployment Claims
Unemployment Claims
Country:
Date: Feb, 13 13:30
Importance: High
Previous: 219K
Forecast: 217K
Actual: -
Period: Feb

The indicator shows the number of unemployed people in the USA.

219K
Feb, 13 13:30
★★
Continuing Claims
Continuing Claims
Country:
Date: Feb, 13 13:30
Importance: Medium
Previous: 1886K
Forecast: 1880K
Actual: -
Period: Feb

Continuing claims refers to unemployed workers that qualify for benefits under unemployment insurance. In order to be included in continuing claims, the person must have been covered by unemployment insurance and be currently receiving benefits. Data on unemployment claims is published by the Department of Labor on a weekly basis, allowing for frequent updates on the levels of unemployment.

1886K
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