Wholesale Inventories MoM

-0.2%

The Wholesale Inventories are the stock of unsold goods held by wholesalers. Inventories are a key component of gross domestic product changes. A high inventory points to economic slowdown in the US, while a low reading points to a stronger growth.

6-Month BTF Auction

3-Month BTF Auction

12-Month BTF Auction

BoE Ramsden Speech

In the United Kingdom, benchmark interest rate is set by the Monetary Policy Committee (MPC). The Bank of England official interest rate is the repo rate. This repo rate applies to open market operations of the Bank of England with a group of counterparties (banks, building societies, securities firms).

Inflation Rate MoM

Inflation Rate MoM measures month over month change in the price of goods and services.

Inflation Rate YoY

4.76%

In Mexico, the most important categories in the CPI basket are Nonfood Goods (19.7 percent of the total weight); Housing (18.7 percent) and Other Services (18.4 percent). Food, Beverages and Tobacco account for 14.8 percent and Energy for 9.5 percent. Others include: Products subsidized by the government (5.3 percent); Education (5.1 percent); Meat and Eggs (4.8 percent) and Fruits and Vegetables (3.7 percent). The CPI index has a base of 100 as of December of 2010. The national index tracks 46 large, medium and small cities.

Core Inflation Rate YoY

In Mexico, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes some volatile price items.

Core Inflation Rate MoM

0.28%

BCB Focus Market Readout

In Brazil, interest rate decisions are taken by The Central Bank of Brazil's Monetary Policy Committee (COPOM). The official interest rate is the Special System of Clearance and Custody rate (SELIC) which is the overnight lending rate.

Inflation Rate MoM

Inflation Rate MoM measures month over month change in the price of goods and services.

Industrial Production YoY

-5.2%

In Ireland, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and its biggest segments are: Basic pharmaceutical products and preparations (37 percent of total production); food products (18 percent); chemicals and chemical products (15 percent); computer,electronic,optical and electrical equipment (11 percent); other manufacturing, repair and installation of machinery and equipment (7 percent); and basic metals and fabricated metal products,machinery and equipment (5 percent).

Balance of Trade

-2371000000

Portugal runs regular trade deficits. Machinery and mechanical appliances are the main group of products exported and imported, and also the group with the largest trade deficit. On the other hand, the largest commercial surpluses are in the transactions of Mineral products, Cellulose pulp and paper, Clothing and Footwear. In terms of traded goods, Industrial supplies is the main traded category. Spain, France and Germany are the main external customers and suppliers of goods to Portugal, accounting for 50.9% of total exports and 52% of imports. Spain is Portugal's largest partner (weight of 26.7% in exports and 32.8% in imports). Transactions with Spain record the largest trade deficit, while the largest surplus is with France. Outside the EU, the United States is the main customer while China is the main Extra-EU supplier of goods.

Vehicle Sales YoY

51%

In Russia, Total Vehicle Sales refer to total registrations of car and light commercial vehicles.

Unemployment Rate

3.8%

In Czech Republic, the unemployment rate shows the share of unemployed people between the ages of 15 and 64 immediately able to start work versus all working people in the same demographic group.

Consumer Confidence

-37

In Switzerland, the consumer confidence survey is conducted every year, in the months of January, April, July and October. Around 1000 households are questioned for State Secretariat for Economic Affairs regarding their subjective evaluation of the economic situation, financial situation of the household in question, inflation, job security etc. Generally consumer confidence is high when the unemployment rate is low and GDP growth is high. Measures of average consumer confidence can be useful indicators of how much consumers are likely to spend.

Industrial Production MoM

-1.1%

In Czech Republic, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.

Balance of Trade

21300000000

Czech Republic is intensively involved in international trade. It engages in the export of numerous manufactured goods that are used in the production of automobiles, furniture, and electrical appliances. Czech Republic imports mainly machinery and transportation equipment, raw materials, fuels and chemicals. European Union is by far its largest trading partner, accounting for about 83% of exports and 65% of imports.

Industrial Production YoY

0.8%

In Czech Republic, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.

Construction Output YoY

-7.1%

In Czech Republic, construction output refers to year over year change in construction work performed by enterprises whose principal activity is classified as construction.

Manufacturing Production MoM

-4.9%

In Denmark, manufacturing accounts for 96 percent of total production. The biggest segments within Manufacturing are: pharmaceuticals (20 percent of total manufacturing); food products, beverages and tobacco (14 percent); machinery (14 percent); furniture and other manufacturing (13 percent); metals (9 percent); chemicals and oil refineries (7 percent); and plastic, glass and concrete (7 percent).

Non Farm Payrolls QoQ

0%

In France, Payroll Employment refers to the number of persons, regardless of work duration, in employment on the last day of the quarter. Employment estimates are in all sectors and cover all France (excluding Mayotte).

3-Year KTB Auction

2.84%

6-Month Bill Auction

0.1886%

Inflation Rate MoM

-0.3%

Inflation Rate MoM measures month over month change in the price of goods and services.

PPI YoY

-2.9%

In China, producer prices change measures the average annual change in price of goods and services sold by manufacturers and producers in the wholesale market during a given period.

Inflation Rate YoY

0.3%

In China, the most important components of the CPI basket are Food (31.8 percent of total weight) and Residence (17.2 percent). Recreation, Education and Culture Articles account for 13.8 percent; Transportation and Communication for 10 percent, Healthcare and Personal Articles for 9.6 percent, Clothing for 8.5 percent; Households Facilities, Articles and Services for 5.6 percent; Tobacco, Liquor and Articles for the remaining 3.5 percent. The CPI basket is reviewed every five years on the basis of household surveys. Revisions reflect new spending patterns and economic development, according to the National Bureau of Statistics. Last revision took place in 2011.

Construction PMI

49.4

The Ulster Bank Construction Purchasing Managers’ Index® is a seasonally adjusted index designed to track changes in total construction activity in Ireland. Data are collected at mid-month, asking respondents to compare a variety of business conditions with the situation one month ago. A reading of below 50.0 indicates that the economy is generally declining, above 50.0 that it is generally expanding and exactly 50.0 indicates no change on the level recorded the previous month. This is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.

Building Permits MoM Final

4.4%

In Australia, Dwelling Approvals MoM show the monthly change in the number of total dwelling units approved, including building activity carried out on existing buildings.

Private House Approvals MoM Final

Eurogroup Meeting

GDP Growth Rate QoQ Final

0.7%

Japan's industrialized, free market economy is the fourth biggest in the world. Japan has the largest electronics industry and the third largest automobile industry in the world. Japan’s economy is well-known by its efficiency and competitiveness in exports oriented sectors, but productivity is lower in areas such as agriculture, distribution, and services.

GDP Growth Annualized Final

2.9%

GDP Annualized Growth Rate shows the gdp growth that would be registered if the quarter-on-quarter rate of change were maintained for a full year.

Current Account

1717000000000

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).

Bank Lending YoY

In Japan, bank lending refers to the year-on-year change of all outstanding loans and discounts with banks and shinkin banks. Lending increases with increased business confidence and investment and it is an important indicator for the Japanese economy because of the weakness that has plagued the Japanese banking sector.

GDP Price Index YoY Final

3.2%

The GDP Deflator measures the change in prices of final goods and services and it is considered as a key indicator for inflationary pressures, that provides insight into the future direction of monetary policy.

GDP Private Consumption QoQ Final

0.9%

In Japan, final consumption expenditure of households takes into consideration the supply-side estimates as well as the demand-side estimates derived from "Family Income and Expenditure Survey" etc. The final consumption expenditure of households represents the weighed average of demand-side and supply-side estimates.

GDP Capital Expenditure QoQ Final

0.9%

Gross fixed capital formation measures the value of acquisitions of new or existing fixed assets by the business sector, governments and households (excluding their unincorporated enterprises) less disposals of fixed assets.

GDP External Demand QoQ Final

-0.1%

In Japan, GDP External Demand Contribution measures the overall contribution of net exports of goods and services to the GDP. The contribution is calculated as the contribution of exports less that of imports.