Business NZ PMI

49.9

The Business NZ Performance of Manufacturing Index (PMI) is a composite index based on the diffusion indexes for production, new orders, delivered, inventories and employment. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change.

Fed Balance Sheet

The Central Bank Balance Sheet represents the total assets held by a central bank. It reflects the scale of monetary policy actions, including holdings like government securities, foreign reserves, and loans to banks. Changes in the balance sheet indicate shifts in policy, such as easing or tightening financial conditions.

Export Prices YoY

2.2%

In South Korea, Export Prices correspond to the rate of change in the prices of goods and services sold by residents of that country to foreign buyers. Export Prices are heavily affected by exchange rates.

Import Prices YoY

0.6%

In South Korea, Import Prices correspond to the rate of change in the prices of goods and services purchased by residents of that country from, and supplied by, foreign sellers. Import Prices are heavily affected by exchange rates.

Monthly Budget Statement

198000000000

Federal Government budget balance is the difference between budget receipts (income) and budget outlays (spending). A budget surplus is expressed as a positive value. A budget deficit is expressed as a negative value.

30-Year Bond Auction

4.734%

2-Year Bond Auction

2.424%

EIA Gasoline Stocks Change

Stocks of gasoline refers to the weekly change of the gasoline supply situation.

EIA Crude Oil Stocks Change

Stocks of crude oil refer to the weekly change of the crude oil supply situation.

EIA Gasoline Production Change

EIA Distillate Fuel Production Change

EIA Crude Oil Imports Change

EIA Cushing Crude Oil Stocks Change

Change in the number of barrels of crude oil held in storage at the Cushing, Oklahoma storage hub excluding the Strategic Petroleum Reserve during the past week.

EIA Distillate Stocks Change

EIA Heating Oil Stocks Change

EIA Refinery Crude Runs Change

Crude Runs refer to the volume of crude oil consumed by refineries.

30-Year Mortgage Rate

The Primary Mortgage Market Survey (PMMS) is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20 percent down and have excellent credit. Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. The interest rate a lender would charge to lend mortgage money to a qualified borrower exclusive of the fees and points required by the lender. This commitment rate applies only to conventional financing on conforming mortgages with loan-to-value rates of 80 percent or less.

15-Year Mortgage Rate

4-Week Bill Auction

8-Week Bill Auction

GDP Growth Rate YoY Prel

1.1%

Russia is one of the world's leading producers of oil and natural gas and is also a top exporter of metals such as steel and primary aluminum. On the production side, services are the biggest sector of the economy and account for 58 percent of GDP. Within services the most important segments are: wholesale and retail trade (17 percent of total GDP); and public administration, health and education (12 percent). Industry constitutes 40 percent to total output and agriculture accounts for the remaining 2 percent.

Business Confidence

47.2

In Brazil, the Industrial Entrepreneur Confidence Index (ICEI) measures the current situation of businesses and their future prospects. The survey covers about 2,500 companies in the construction, mining, and manufacturing industries. The questionnaire is made by phone and focuses on: production trends in recent months, order books, export order books, stocks and production expectations. The indicator varies on a scale of 0 to 100 where 50 indicates neutrality, 0 indicates extreme lack of confidence and 100 extreme confidence.

Core Inflation Rate MoM

0.2%

Inflation Rate MoM

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

Inflation Rate YoY

3%

In the United States, unadjusted Consumer Price Index for All Urban Consumers is based on the prices of a market basket of: Food (14% of total weight); Energy (8%); Commodities Less Food & Energy Commodities (21%) and Services Less Energy Services (57%). The last category is divided by: Shelter (32%), Medical Care Services (7%) and Transportation Services (6%).

Core Inflation Rate YoY

3%

In the United States, the core inflation rate tracks changes in prices that consumers pay for a basket of goods which excludes volatile food and fuel costs.

CPI

324.8

In the United States, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services.

CPI s.a

324.368

In the United States, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services.

Current Account

-3087000000

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).

Balance of Trade

-2147000000

From the beginning of the past decade, Poland’s foreign trade turnover increased almost ten-fold. Poland exports processed fruit and vegetables, meat, dairy products, electromechanical products, vehicles, aircraft and vessels. Most of Poland's imports are capital goods needed for industrial retooling and for manufacturing inputs like machinery and transport equipment, chemicals, minerals, fuels and lubricants. European Union is by far its largest trading partner accounting for about 79% of exports and 64% of imports.

New Car Registrations MoM

7.9%

In Brazil, New Vehicle Registrations refers to total registration of new vehicles, including passenger cars, trucks and buses.

Car Production MoM

-1.5%

In Brazil, car production measures the total number of manufactured cars including passenger cars, trucks and buses in the reference month.

Retail Sales YoY

0.4%

In Brazil, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.

NIESR Monthly GDP Tracker

0.3%

Retail Sales MoM

0.2%

In Brazil, the Retail sales report provides an aggregated measure of sales of retail goods and services over a specific time period. In Brazil, Retail sales are seasonal, volatile and relatively important to the overall economy.

Private Consumption YoY

2.9%

In Portugal, private consumption year-on-year refers to the annual change of the coincident indicator for the Portuguese personal consumption that includes eight major indicators: real private consumption; real retail trade turnover index; sales of light passenger vehicles; retail sales volume (trade survey); tourism nights spent by residents in Portugal; real industrial turnover index of consumer goods in the domestic market; households’ financial situation; and general economic situation (consumers’ survey).

Economic Activity YoY

1.8%

In Portugal, economic activity year-on-year refers to the annual change of the coincident indicator for the Portuguese economy activity that includes eight major indicators: real GDP; retail sales volume (retail trade survey); sales of heavy commercial vehicles; cement sales; manufacturing production index; households’ financial situation (consumer survey); new job vacancies; and an external environment proxy.

Foreign Exchange Reserves

In Turkey, Foreign Exchange Reserves refer to gross foreign exchange reserves held or controlled by the country's central bank, excluding gold.

Inflation Rate YoY

2.7%

In Ireland, the most important categories in the consumer price index are: housing, water, electricity, gas and other fuels (16 percent of total weight); restaurants and hotels (15 percent); transport (14 percent); miscellaneous goods and services (12 percent); and food and non-alcoholic beverages (11 percent). The index also includes: recreation and culture (7 percent); alcoholic beverages and tobacco (6 percent); furnishings, household equipment and maintenance (5 percent). Clothing and footwear; health; communications; and education account for the remaining 13 percent of total weight.

Inflation Rate MoM

-0.2%

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

Harmonised Inflation Rate MoM Final

-0.2%

Harmonised Inflation Rate YoY Final

2.7%

The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). The HICP is compiled by Eurostat and the national statistical institutes in accordance with harmonised statistical methods. The ECB aims to maintain annual inflation rates as measured by the HICP below, but close to, 2% over the medium term.

Current Account

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).

3-Year Bond Auction

5-Year Bond Auction

10-Year Bond Auction

Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.

BTP Auction

SGB IL Auction

Industrial Production MoM

-1.2%

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

Industrial Production YoY

1.1%

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

Industrial Production MoM

-0.4%

In Belgium, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector. The biggest segments within Manufacturing are: chemical products (19 percent of total production); food products and beverages (16 percent); basic metals (11 percent); motor vehicles, trailers and semi-trailers (10 percent); pharmaceuticals (8 percent); machinery and equipment (5 percent); and fabricated metal products (5 percent).

Industrial Production YoY

0.1%

In Belgium, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector. The biggest segments within Manufacturing are: chemical products (19 percent of total production); food products and beverages (16 percent); basic metals (11 percent); motor vehicles, trailers and semi-trailers (10 percent); pharmaceuticals (8 percent); machinery and equipment (5 percent); and fabricated metal products (5 percent).

Labour Productivity QoQ

-0.6%

In the United Kingdom, Productivity is the real value of output produced by a unit of labor during a certain time.

Gold Production YoY

-3.6%

In South Africa, gold production accounts for 16 percent of total mining production.

Mining Production YoY

-0.2%

In South Africa, the index of the volume of mining production is a statistical measure of the change in the volume of production. Coal is the most important sector and accounts for 24 percent of total mining production, followed by PGMs (23 percent); gold (16 percent); iron ore (12 percent); other non-metallic minerals (6 percent); diamonds (4 percent); manganese ore and chromium ore (3 percent each); other metallic minerals, building materials and nickel (2 percent each), and copper (1 percent).

Mining Production MoM

-1.2%

In South Africa, the index of the volume of mining production is a statistical measure of the change in the volume of production. Coal is the most important sector and accounts for 24 percent of total mining production, followed by PGMs (23 percent); gold (16 percent); iron ore (12 percent); other non-metallic minerals (6 percent); diamonds (4 percent); manganese ore and chromium ore (3 percent each); other metallic minerals, building materials and nickel (2 percent each), and copper (1 percent).

Current Account

-670000000

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).

IEA Oil Market Report

GDP Growth Rate YoY Prel

3.4%

Poland’s 38-million consumer market is one of the biggest in Europe. Poland's main industries are: food and beverage processing, shipbuilding and the manufacture of machinery, iron and steel products, chemicals, glass and textiles. On the expenditure side, household consumption is the main component of GDP and accounts for 60 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (18 percent). Exports of goods and services account for 47 percent of GDP while imports account for 46 percent, adding 1 percent of total GDP.

GDP Growth Rate QoQ Prel

0.8%

Poland is the 8th biggest economy in the European Union, yet GDP per capita remains significantly below the EU average. The country's industrial base combines coal, textile, chemical, machinery, iron, and steel sectors and has expanded more recently to include fertilizers, petrochemicals, machine tools, electrical machinery, electronics, cars and shipbuilding. On the expenditure side, household consumption is the main component of GDP and accounts for 60 percent of its total use, followed by gross fixed capital formation (20 percent) and government expenditure (18 percent). Exports of goods and services account for 47 percent of GDP while imports account for 46 percent, adding 1 percent of total GDP.

Financial Stability Report

In Sweden, benchmark interest rate is set by the Executive Board of the Central Bank of Sweden (The Riksbank). The main interest rate is the repo rate which is the rate of interest at which banks can borrow or deposit funds at the Riksbank for a period of seven days. The Riksbank's target is to hold inflation in terms of the CPIF (the CPI with a fixed interest rate) around 2 percent a year.

Producer & Import Prices YoY

-1.8%

In Switzerland, the Producer Price Index (PPI) is officially named “Producer and Import Price Index”. Producer price index measures the price development of goods that are produced and sold by enterprises operating within the country and the import price index measures the price development of imported goods. Only domestic sales are considered for the producer price index when combining the indices.

Producer & Import Prices MoM

-0.2%

In Switzerland, the producer price index (which measures the price development of goods that are produced and sold by enterprises operating within the country) and the import price index (which measures the price development of imported goods) are combined into the price index for the whole range of goods. Only domestic sales are considered for the producer price index when combining the indices.

Industrial Production YoY Final

-7.3%

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

Industrial Production MoM

0.4%

In the United Kingdom, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 70 percent of total production. The biggest segments within Manufacturing are: Food, drink and tobacco (11 percent of total production); transport equipment (9 percent); basic metals (8 percent); other manufacturing and repair (6 percent); pharmaceutical products and preparations (6 percent); and rubber and plastic products and non-metallic mineral products (6 percent). Mining and quarrying account for 12 percent of production, as oil and gas extraction accounts for 10 percent. Electricity, gas, steam and air conditioning account for 11 percent of total output and water supply, sewerage and waste management account for 8 percent.

Manufacturing Production MoM

0.7%

Manufacturing production measures the output of businesses operating in the manufacturing sector. It is the most important sector in the UK and accounts for 70 percent of total production. The biggest segments within Manufacturing are: Food, drink and tobacco (11 percent of total production); transport equipment (9 percent); basic metals (8 percent); other manufacturing and repair (6 percent); pharmaceutical products and preparations (6 percent); and rubber and plastic products and non-metallic mineral products (6 percent).

Industrial Production YoY

-0.7%

In the United Kingdom, industrial production measures the output of businesses integrated in industrial sector of the economy. Manufacturing is the most important sector and accounts for 70 percent of total production. The biggest segments within Manufacturing are: Food, drink and tobacco (11 percent of total production); transport equipment (9 percent); basic metals (8 percent); other manufacturing and repair (6 percent); pharmaceutical products and preparations (6 percent); and rubber and plastic products and non-metallic mineral products (6 percent). Mining and quarrying account for 12 percent of production, as oil and gas extraction accounts for 10 percent. Electricity, gas, steam and air conditioning account for 11 percent of total output and water supply, sewerage and waste management account for 8 percent.

Manufacturing Production YoY

-0.8%

Manufacturing production measures the output of businesses operating in the manufacturing sector. It is the most important sector in the UK and accounts for 70 percent of total production. The biggest segments within Manufacturing are: Food, drink and tobacco (11 percent of total production); transport equipment (9 percent); basic metals (8 percent); other manufacturing and repair (6 percent); pharmaceutical products and preparations (6 percent); and rubber and plastic products and non-metallic mineral products (6 percent).

GDP MoM

0.1%

GDP measures the value of goods and services produced in the UK. The reading refers to a month-over-month growth rate.

GDP Growth Rate QoQ Prel

0.3%

The services sector is the most important and account for 79 percent of United Kingdom's GDP. The biggest segments within services are: government, education and health (19 percent of total GDP); real estate (12 percent); professional, scientific and technical activities and administrative and support services (12 percent); wholesale and retail trade (11 percent); and financial and insurance (8 percent). Industry accounts for 21 percent of the GDP and the largest segments within this sector are: manufacturing (10 percent of total GDP) and construction (6 percent). The Agriculture sector accounts for only 1 percent of GDP. Composition of the GDP on the expenditure side: household consumption (65 percent), government expenditure (20 percent) and gross fixed capital formation (17 percent). Exports of goods and services account for 28 percent of GDP while imports account for 30 percent, subtracting 2 percent from GDP.

GDP Growth Rate YoY Prel

1.4%

GDP The United Kingdom is the sixth largest economy in the world and the second largest in Europe after Germany. The Services sector is the most important and accounts for 79 percent to total GDP. The biggest segments within Services are: government, education and health (19 percent of total GDP); real estate (12 percent); professional, scientific and technical activities and administrative and support services (12 percent); wholesale and retail trade (11 percent); and financial and insurance (8 percent). Industry accounts for 21 percent of the GDP and the largest segments within this sector are: manufacturing (10 percent of total GDP) and construction (6 percent). The Agriculture sector accounts for only 1 percent of GDP.

Goods Trade Balance Non-EU

-8290000000

Business Investment QoQ Prel

-1.1%

In the UK, business investment is net investment by private and public corporations. These include investments in transport, information and communication technology (ICT) equipment, other machinery and equipment, cultivated assets, intellectual property products (IPP, which includes investment in software, research and development, artistic originals and mineral exploration), and buildings and other structures. It does not include investment by central or local government, investment in dwellings, or the costs associated with the transfer of non-produced assets (such as land).

Goods Trade Balance

-21180000000

The UK’s goods trade deficit has continued to widen in recent years, driven by a stronger pound that boosted domestic demand and imports while weighing on exports. This trend has been compounded by significant shifts in US trade policy. Following the Trump administration’s announcement of new import tariffs on 2 April 2025, many UK businesses reported being affected by the measures. In response, the UK government signed a new trade agreement with the US, effective 30 June 2025. The deal reduced tariffs on UK car exports and removed duties on aluminum and steel, while a 10% blanket tariff remains in place for all other UK exports to the US.

GDP 3-Month Avg

0.3%

GDP measures the value of goods and services produced in the UK. The reading refers to a three-month growth rate, which is a better indicator of the underlying growth in GDP as the monthly figure is likely to be more volatile. In this sense, the monthly release can be thought of as a monthly update on three months’ worth of data on the economy, rather than a figure representing the economy in just one month. Rolling three-month data is calculated by comparing growth in a three-month period with growth in the previous three-month period, for example growth in March to May compared with the previous December to February.

GDP YoY

1.3%

GDP measures the value of goods and services produced in the UK. The reading refers to a year-on-year growth rate.

Balance of Trade

-3386000000

The UK's trade balance has been in deficit since 1998, due to deficits in trade in goods which are partly offset by surpluses in trade in services. The level of total UK trade in goods as a proportion of total trade in goods and services has been gradually declining since 1986 after peaking at 75 percent in 1985. This is consistent with the rising share of UK trade in services (about 38 percent as of 2021). The UK has trade deficits with China, Norway, Germany, Spain, Poland, Russia, Italy and India; and surpluses with the United States, Ireland, the Netherlands, Switzerland, Singapore and the United Arab Emirates.

Business Investment YoY Prel

3%

In the UK, business investment is net investment by private and public corporations. These include investments in transport, information and communication technology (ICT) equipment, other machinery and equipment, cultivated assets, intellectual property products (IPP, which includes investment in software, research and development, artistic originals and mineral exploration), and buildings and other structures. It does not include investment by central or local government, investment in dwellings, or the costs associated with the transfer of non-produced assets (such as land).

Construction Orders YoY

-11.9%

In the UK, new orders in construction measures the value of new orders of main contractors by type of work and region within Great Britain. Since April 2013, data have been supplied directly from Barbour ABI with a sample size of all local authorities in England, Scotland and Wales, plus 10,000 contractors per year.

Construction Output YoY

1%

In the United Kingdom, construction output measures the yearly change in the amount charged by construction companies to customers for value of work. The value is based on the sample of 8,000 businesses, employing over 100 people or with an annual turnover of more than £60 million. Construction estimates are a component of GDP from the production approach, contributing approximately 6.4% of GDP.

Industrial Production MoM

-2%

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

Industrial Production YoY

-1.1%

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

Inflation Rate MoM Final

0%

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

Inflation Rate YoY Final

0.9%

In Sweden, the most important categories in the Consumer Price Index is Housing & Utilities (24% of the total weight). Food & Non-alcoholic Beverages account for 14%; Transport for 13%; Recreation & Culture for 13%; Miscellaneous Goods & Services for 8%; and Furniture, Household Goods & Maintenance (7%). Others also includes: Restaurant & Hotels (6%), Clothing & Footwear (4%), Alcoholic Beverages & Tobacco (4%), Health (4%), Communications (3%), and Education (0.30%).

CPIF YoY Final

3.1%

As of September 2017, the Riksbank uses the CPIF, the consumer price index with a fixed interest rate, as target variable for the inflation target. According to the central bank, "From a monetary policy perspective, one disadvantage of the CPI is that it is directly affected by changes in the policy rate. These adjustments have, through their impact on mortgage rates, large and direct effects on the CPI which are not connected to underlying inflationary pressures".

CPIF MoM Final

0.1%

As of September 2017, the Riksbank uses the CPIF, the consumer price index with a fixed interest rate, as target variable for the inflation target. According to the central bank, "From a monetary policy perspective, one disadvantage of the CPI is that it is directly affected by changes in the policy rate. These adjustments have, through their impact on mortgage rates, large and direct effects on the CPI which are not connected to underlying inflationary pressures"..

Unemployment Rate

7.5%

In France, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

5-Year JGB Auction

1.233%

Employment Change

14900

In Australia, employment change refers to the absolute change in the number of persons who work for pay or profit, or perform unpaid family work. Estimates include both full-time and part-time employment.

Unemployment Rate

4.5%

In Australia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.

Full Time Employment Chg

8700

In Australia, full time employment change refers to the change in the number of employed persons who usually work 35 hours or more a week (in all jobs) and those who, although usually working fewer than 35 hours a week, work 35 hours or more during the reference week.

Part Time Employment Chg

6300

In Australia, persons employed part time are those employed persons who usually worked less than 35 hours a week in all jobs.

Labor Participation Rate

67%

The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.

RICS House Price Balance

-15%

The Royal Institution of Chartered Surveyors (RICS) House Price Balance measures the percentage of surveyors reporting a house price rise in their designated area, minus those reporting a fall. A level above 0% indicates more surveyors reported a rise in prices; below indicates more reported a fall.

ECOFIN Meeting