Date
GMT+01:00
Event Previous Forecast Actual
May, 26 15:00
★★
Consumer Confidence
Consumer Confidence
Country:
Date: May, 26 15:00
Importance: Medium
Previous: 92.8
Forecast: 91.9
Actual: -
Period: May

Assessment of consumer sentiment regarding business conditions, employment and personal income. Based on a representative sample of thousands of mail-in surveys, the Conference Board index has the largest pooling sample of any US measure of consumer confidence. Consumer Confidence levels are generally linked with consumer spending. For instance, when consumer confidence is on the rise consumer spending tends to increase. Low or falling consumer confidence on the other hand is typically associated with decreased spending and consumer demand.

Some analysts criticize the Consumer Confidence figure for its volatile tendencies and weak connection to household expenditure, turning instead to the University of Michigan Consumer Confidence numbers. The volatility of the Consumer Confidence figure is attributed to two factors: its pooling size and the survey time frame focus. The Conference Board surveys an entirely new group of people each month, resulting in more erratic month to month figures. Additionally, the survey queries respondents on expectations for the following six months, a relatively short term evaluation. Conversely, the University of Michigan survey will re-poll many individuals and focuses on expectations for the next one to five years. The long term focus has a stabilizing effect on consumer confidence.

Survey results are printed in the headlines where 100 reflects a recent base year.

92.8 91.9 -
May, 27 00:50
Corporate Service Price Index
Corporate Service Price Index
Country:
Date: May, 27 00:50
Importance: Low
Previous: 3.1%
Forecast: 3.0%
Actual: -
Period: Apr

Change in the price of services purchased by corporations. It's a leading indicator of consumer inflation - when corporations pay more for services the higher costs are usually passed on to the consumer.

3.1% 3.0% -
May, 27 01:30
MI Leading Index
MI Leading Index
Country:
Date: May, 27 01:30
Importance: Low
Previous: -0.1%
Forecast: -
Actual: -
Period: Apr

A leading indicator for Australian economic activity calculated by Melbourne Institute.

-0.1% - -
May, 27 02:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: May, 27 02:30
Importance: High
Previous: 1.1%; 4.6%
Forecast: 0.6%; 4.4%
Actual: -
Period: Apr

The headline inflation gauge for Australia. Simply put, inflation reflects a decline in the purchasing power of the Aussie Dollar, where each Dollar buys fewer goods and services. In terms of measuring inflation, CPI is the most obvious way to quantify changes in purchasing power. The report tracks changes in the price of a basket of goods and services that is typically bought by a metropolitan Australian households. An increase in the index indicates that it takes more Australian Dollars to purchase this same set of basic consumer items.

Unlike most other countries, Australia publishes CPI quarterly instead of monthly, increasing the market impact of the report upon release. The headline number is released as the percentage change from the previous quarter or year.

1.1%; 4.6% 0.6%; 4.4% -
May, 27 02:30
★★
RBA Trimmed Mean CPI
RBA Trimmed Mean CPI
Country:
Date: May, 27 02:30
Importance: Medium
Previous: 0.3%; 3.3%
Forecast: 0.3%
Actual: -
Period: Apr
Change in the price of goods and services purchased by consumers, excluding the most volatile 30% of items.
0.3%; 3.3% 0.3% -