Date
GMT+01:00
Event Previous Forecast Actual
Apr, 30 07:00
Retail Sales
Retail Sales
Country:
Date: Apr, 30 07:00
Importance: Low
Previous: -1.9%; -2.7%
Forecast: -
Actual: -
Period: Mar

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy since private consumption makes up a large portion of German Gross Domestic Product. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures.

The headline figure is expressed as the percentage change from the same month last year.

-1.9%; -2.7% - -
Apr, 30 07:45
Consumer Price Index
Consumer Price Index
Country:
Date: Apr, 30 07:45
Importance: Low
Previous: 0.2%; 2.3%
Forecast: 0.5%; 2.1%
Actual: -
Period: Apr

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 France , 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 French household might purchase. An increase in the index indicates that it takes more Euros to purchase the same set of basic consumer items.

0.2%; 2.3% 0.5%; 2.1% -
Apr, 30 08:00
★★
KOF Economic Barometer
KOF Economic Barometer
Country:
Date: Apr, 30 08:00
Importance: Medium
Previous: 101.5
Forecast: 102.1
Actual: -
Period: Apr

The Swiss KOF Economic Barometer is a leading indicator which measures overall economic activity and is an excellent indicator of the direction of the Swiss economy. The KOF Economic Barometer is one or two quarters ahead of the GDP growth rate of the previous year and thus enables an initial estimate to be made of how the Swiss economy will perform in the next or in the next two quarters.

The Barometer is ultimately adjusted to take account of seasonal fluctuations and random factors. The Barometer is published monthly.

101.5 102.1 -
Apr, 30 08:00
GDP
GDP
Country:
Date: Apr, 30 08:00
Importance: Low
Previous: 0.6%; 2.0%
Forecast: 0.4%; 1.9%
Actual: -
Period: 1 quarter

The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. While GDP announcements generally conform to expectations, unanticipated changes in this metric can move markets.

Robust GDP growth signals a heightened level of economic activity and often a higher demand for the domestic currency. At the same time, economic expansion raises concerns about inflationary pressures which may lead monetary authorities to increase interest rates. Thus better than expected GDP figures are generally bullish for the Euro, while negative readings are generally bearish.

Technically, Gross Domestic Product is calculated in the following way:

GDP = C + I + G + (EX - IM)

where

C = private consumption, I = private investment, G = government expenditure, EX = exports of goods and services, IM = imports of goods and services.

French GDP figures, officially called Quarterly National Accounts, are released quarterly. The headline figures are annualized percentage changes in real and nominal GDP.

0.6%; 2.0% 0.4%; 1.9% -
Apr, 30 08:55
★★
Unemployment Rate
Unemployment Rate
Country:
Date: Apr, 30 08:55
Importance: Medium
Previous: 5.9%
Forecast: 5.9%
Actual: -
Period: Apr

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% 5.9% -