Date
GMT+01:00
Event Value
Jul, 29 07:45
Gov Budget Balance
Gov Budget Balance
Country:
Date: Jul, 29 07:45
Importance: Low
Previous: -118.8
Forecast: -
Actual: -
Period: Jun

The Budget Balance released by MINEFA is the difference between income and expenditure at the end of the budget's period . If the amount is positive then the balance shows a surplus, to the contrary, if it is negative, the balance is in deficit, therefore unveiling borrowing needs. Generally, a surplus is seen as positive (or bullish) for the Euro and a deficit is seen as negative (or bearish).

-118.8
Jul, 29 08:00
Unemployment Rate
Unemployment Rate
Country:
Date: Jul, 29 08:00
Importance: Low
Previous: 16.0%
Forecast: 15.1%
Actual: -
Period: 2 quarter

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.

16.0%
Jul, 29 08:00
CPI
CPI
Country:
Date: Jul, 29 08:00
Importance: Low
Previous: 2.7%
Forecast: 2.7%
Actual: -
Period: Jul

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.

2.7%
Jul, 29 08:55
★★
Unemployment Rate
Unemployment Rate
Country:
Date: Jul, 29 08:55
Importance: Medium
Previous: 5.9%
Forecast: 5.8%
Actual: -
Period: Jul

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.

5.9%
Jul, 29 08:55
★★
Unemployment Change
Unemployment Change
Country:
Date: Jul, 29 08:55
Importance: Medium
Previous: -38K
Forecast: -29K
Actual: -
Period: Jul

The indicator shows the number of unemployed people in Germany.

-38K
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