Date
GMT+01:00
Event Previous Forecast Actual
Jul, 16 23:45
Food Price
Food Price
Country:
Date: Jul, 16 23:45
Importance: Low
Previous: 1.0%
Forecast: -
Actual: -
Period: Jun

Measures the price change of food and food services purchased by households. Higher food prices can result in economic slowdown because less disposable income will be used for non-food expenditures. Higher food prices can also result in inflation and signal future monetary action.

Higher domestic food prices may also suggest higher food prices internationally. New Zealand 's economy is largely based on producing and exporting agricultural goods and food products. Therefore, the Food Price Index can reflect demand for New Zealand products and for the New Zealand dollar. A higher reading may suggest a strengthening of the Dollar as foreigners pay relatively more for New Zealand 's exports.

The headline number is the percentage change in the index from the previous month.

1.0% - -
Jul, 17 00:01
GfK Consumer Confidence Survey
GfK Consumer Confidence Survey
Country:
Date: Jul, 17 00:01
Importance: Low
Previous: -23
Forecast: -
Actual: -
Period: Jul

Consumer Confidence measures the level of confidence households have in economic performance. Generally rising consumer confidence acts as a precursor to higher consumer expenditures which drive economic expansion. The report also breaks down results into parts of the economy, giving a detailed picture of the consumer climate in Great Britain. GfK Consumer Confidence is one of the most closely watched surveys. The survey results are quantified into index where 0 represents long term Consumer Confidence averages. The headline figure is expressed in percentage change. On a global basis, the indicator is very important for the economy, as it reflects consumers sentiments which formed the major portion of Great Britain GDP. The survey is conducted monthly by GfK, a market research organization, on behalf of the EU commission.

-23 - -
Jul, 17 09:00
Current Account (sa)
Current Account (sa)
Country:
Date: Jul, 17 09:00
Importance: Low
Previous: 15.7bln; 14.9bln
Forecast: 17.1
Actual: -
Period: May

  The Current Account summarizes the flow of goods, services, income and transfer payments into and out of the country. The report acts as a line-item record of how the domestic economy interacts with rest of the world. The Current Account is one of the three components that make up a country's Balance of Payments (Financial Account, Capital Account and Current Account), the detailed accounting of all international interactions. Where the other side of the Balance of Payments, Capital and Financial Accounts deal mainly with financial assets and investments, the Current Account gives a detailed breakdown of how the country intermingles with rest of the global economy on a non-investment basis - tracking good and services.

15.7bln; 14.9bln 17.1 -
Jul, 17 10:00
Consumer Price Index
Consumer Price Index
Country:
Date: Jul, 17 10:00
Importance: Low
Previous: 2.8%
Forecast: 2.8%
Actual: -
Period: Jun

CPI is the key gauge for inflation in the Eurozone. Inflation, simply put, is a decline in the purchasing power of the Euro, where each Euro buys fewer goods and services due to higher consumer prices. The index tracks changes in the price of a basket of goods and services that a typical household might purchase. When the CPI is high, it indicates that significant inflationary pressures exist in Eurozone economies. This puts pressure on the European Central Bank to raise interest rates. When CPI comes out lower than expected, the ECB is expected to lower interest rates, or keep them lower, to encourage economic growth. As a rule, the Bank adjusts rates in order to keep Europe consumer price inflation in the 0 to 2 percent range.

2.8% 2.8% -
Jul, 17 10:00
Consumer Price Index Core
Consumer Price Index Core
Country:
Date: Jul, 17 10:00
Importance: Low
Previous: 2.4%
Forecast: 2.4%
Actual: -
Period: Jun

CPI is the key gauge for inflation in the Eurozone. Inflation, simply put, is a decline in the purchasing power of the Euro, where each Euro buys fewer goods and services due to higher consumer prices. The index tracks changes in the price of a basket of goods and services that a typical household might purchase. When the CPI is high, it indicates that significant inflationary pressures exist in Eurozone economies. This puts pressure on the European Central Bank to raise interest rates. When CPI comes out lower than expected, the ECB is expected to lower interest rates, or keep them lower, to encourage economic growth. As a rule, the Bank adjusts rates in order to keep Europe consumer price inflation in the 0 to 2 percent range.

2.4% 2.4% -