Date
GMT+00:00
Event Value
Nov, 12 06:00
Prelim Machine Tool Orders
Prelim Machine Tool Orders
Country:
Date: Nov, 12 06:00
Importance: Low
Previous: 11.0%
Forecast: -
Actual: -
Period: Oct

This is a report which measures the change in the total value of new orders placed with machine tool manufacturers.

11.0%
Nov, 12 07:00
CPI
CPI
Country:
Date: Nov, 12 07:00
Importance: Low
Previous: 0.3%; 2.3%
Forecast: 0.3%; 2.3%
Actual: -
Period: Oct

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.

0.3%; 2.3%
Nov, 12 07:00
Harmonized CPI
Harmonized CPI
Country:
Date: Nov, 12 07:00
Importance: Low
Previous: 0.3%; 2.3%
Forecast: 0.3%; 2.3%
Actual: -
Period: Oct

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.

0.3%; 2.3%
Nov, 12 07:00
Wholesale Price Index
Wholesale Price Index
Country:
Date: Nov, 12 07:00
Importance: Low
Previous: 0.2%; 1.2%
Forecast: 0.1%
Actual: -
Period: Oct

Measures changes in the prices paid by retailers for finished goods. Growth in wholesale prices usually precedes increases in retail prices, thus changes in Wholesale Prices can be used as an early indicator for inflation. While the CPI records price changes for retail goods, the WPI might pick up inflationary pressures before they reach the headline retail CPI report. The headline number is the percentage change in the index.

Note: WPI provides seasonally adjusted price changes to account for goods' seasonally volatility.

0.2%; 1.2%
Nov, 12 09:00
Industrial Production
Industrial Production
Country:
Date: Nov, 12 09:00
Importance: Low
Previous: -2.4%; -2.7%
Forecast: 1.5%; -0.5%
Actual: -
Period: Sep

Measures the per volume change in output from mining, quarrying, manufacturing, energy and construction sectors in Italy. Industrial production is significant as a short-term indicator of the strength of Italian industrial activity. High or rising Industrial Production figures suggest increased production and economic expansion. However, uncontrolled levels of production and consumption can spark inflation.

The report is only a preliminary estimate figure that does not move the markets much. The figure is released in headlines as a monthly percent change.

-2.4%; -2.7%
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