Date
GMT+00:00
Event Value
Feb, 23 21:45
★★
Retail Sales
Retail Sales
Country:
Date: Feb, 23 21:45
Importance: Medium
Previous: 1.6% q/q; 1.8% q/q
Forecast: -
Actual: -
Period: 4 quarter
Change in the total value of inflation-adjusted sales at the retail level. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
1.6% q/q; 1.8% q/q
Feb, 24 02:00
Credit Card Spending
Credit Card Spending
Country:
Date: Feb, 24 02:00
Importance: Low
Previous: -0.9% m/m; 3.4% y/y
Forecast: -
Actual: -
Period: Jan

Shows a change in the total expenditure made via credit cards.

-0.9% m/m; 3.4% y/y
Feb, 24 07:00
Nationwide House Price Index
Nationwide House Price Index
Country:
Date: Feb, 24 07:00
Importance: Low
Previous: 0.5% m/m; 1.9% y/y
Forecast: -
Actual: -
Period: Feb

Gauge for costs of homes in the United Kingdom. Mortgage data is used to provide a timely measure of the level of prices. House prices give good information current conditions in the housing market. The Index can precurse broader inflationary pressures felt in later more market moving reports should housing price pressures feed into consumer prices.
 

0.5% m/m; 1.9% y/y
Feb, 24 09:00
★★
Ifo Business Climate Index
Ifo Business Climate Index
Country:
Date: Feb, 24 09:00
Importance: Medium
Previous: 95.9
Forecast: -
Actual: -
Period: Feb

The Ifo Business Climate Index is a closely followed leading indicator for economic activity in Germany prepared by the Ifo Institute for Economic Research in Munich. It is based on ca. 7,000 monthly survey responses of firms in manufacturing, construction, wholesaling and retailing. The firms are asked to give their assessments of the current business situation and their expectations for the next six months. They can characterise their situation as "good", "satisfactorily" or "poor" and their business expectations for the next six months as "more favourable", "unchanged" or "more unfavourable". The replies are weighted according to the importance of the industry and aggregated. The balance value of the current business situation is the difference of the percentages of the responses "good" and "poor", the balance value of the expectations is the difference of the percentages of the responses "more favourable" and "more unfavourable". The business climate is a mean of the balances of the business situation and the expectations.

95.9
Feb, 24 09:00
★★
Ifo Current Assessment
Ifo Current Assessment
Country:
Date: Feb, 24 09:00
Importance: Medium
Previous: 99.1
Forecast: -
Actual: -
Period: Feb

One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP.

Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

Ifo Current Assessment
Measures current German business conditions, without considering future expectations.

99.1
Feb, 24 09:00
★★
IFO - Expectations
IFO - Expectations
Country:
Date: Feb, 24 09:00
Importance: Medium
Previous: 92.9
Forecast: -
Actual: -
Period: Feb

One of the country's key business sentiment surveys (Ifo - Information and Forschung Survey). The survey is conducted monthly, querying German firms on the current German business climate as well as their expectations for the next six months. As the largest economy in the Eurozone, Germany is responsible for approximately a quarter of the total Eurozone GDP. Consequently, the German Ifo is a significant economic health indicator for the Eurozone as a whole. Positive readings bode well for the economy, suggesting increased consumer spending and economic growth. Conversely, low Ifo readings may be indicative of economic slowdown.

The index uses 100 as a centerline between positive and negative outlooks; the further the value is from 100 the stronger the sentiment. The survey presents two equally weighted sub-indices: Current Assessment and Business Expectations.

Ifo Expectations
Based on firms' expectations for the next six months, where firms rate the future outlook as better, same, or worse.

92.9
Feb, 24 13:30
Wholesale Sales
Wholesale Sales
Country:
Date: Feb, 24 13:30
Importance: Low
Previous: -1.2%
Forecast: -
Actual: -
Period: Dec

The value of sales made by Canadian wholesalers. Wholesalers sell to industries and retailers in quantities far larger than most consumers are willing to purchase. Given that growth in Wholesale Trade usually precedes increases in retail trade and consumption, changes in Wholesale Sales can be used as an early indicator for the overall direction of the retail sector, consumption and the economy. The headline figure reports the monthly percentage change in Wholesale Sales, seasonally adjusted to account for variations in demand due to seasonal cycles.

These sectors are farm products, food, beverages, and tobacco products, personal and household goods, automotive products, building materials, machinery and electronic equipment etc.

-1.2%
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