Date
GMT+00:00
Event Value
Dec, 01 07:00
Nationwide House Price Index
Nationwide House Price Index
Country:
Date: Dec, 01 07:00
Importance: Low
Previous: -0.9%; 7.2%
Forecast: -0.3%; 5.8%
Actual: -
Period: Nov

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.
 

-0.9%; 7.2%
Dec, 01 07:00
Retail Sales
Retail Sales
Country:
Date: Dec, 01 07:00
Importance: Low
Previous: 0.9%; -0.9%
Forecast: -0.6%; -2.8%
Actual: -
Period: Oct

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.

0.9%; -0.9%
Dec, 01 07:30
★★
CPI
CPI
Country:
Date: Dec, 01 07:30
Importance: Medium
Previous: 0.1%; 3.0%
Forecast: 0.0%; 3.0%
Actual: -
Period: Nov

It is the key gauge for inflation in Switzerland. Simply put, inflation reflects a decline in the purchasing power of the Franc, where each Franc buys fewer goods and services. The CPI calculates the change in the price of a predetermined basket of consumer goods and services. This basket represents the goods and services that an average household will purchase. The figure is compared to those of the previous month as well as the previous year in order to gauge changes to the costs of living on a month to month and year to year basis. The headline number is the percentage change either from the previous month's value or the previous year's value.

As the key indicator of inflation, a rising CPI may prompt the Swiss National Bank to raise interest rates in attempt to manage inflation and slow economic growth. Higher interest rates make holding the Franc more attractive to foreign investors, and this higher level of demand will place upward pressure on the value of the Franc.

0.1%; 3.0%
Dec, 01 07:30
Retail Sales
Retail Sales
Country:
Date: Dec, 01 07:30
Importance: Low
Previous: 3.2%
Forecast: 3.5%
Actual: -
Period: Oct

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the Swiss economy since private consumption makes up a large portion of Swiss 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.

3.2%
Dec, 01 08:15
PMI Manufacturing
PMI Manufacturing
Country:
Date: Dec, 01 08:15
Importance: Low
Previous: 44.7
Forecast: 45.9
Actual: -
Period: Nov

A monthly gauge of manufacturing activity and future outlook. It is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. Purchasing managers are tasked with gauging future demand and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the manufacturing sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.

The PMI is presented as an index with a value between 1-100.

44.7
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