Date
GMT+01:00
Event Previous Forecast Actual
May, 31 10:00
Gross Domestic Product
Gross Domestic Product
Country:
Date: May, 31 10:00
Importance: Low
Previous: 0.4%; 8.2%
Forecast: -0.2%; 9.2%
Actual: -
Period: May

The Gross Domestic Product is a comprehensive measure of an overall production and consumption of goods and services. GDP serves as one of the primary measures of overall economic well-being. GDP announcements generally conform to expectations as the number comes out after most production figures that lead to overall GDP have already been released. Although releases that are out of line with expectations are rare, unanticipated GDP growth can move markets simply because of its significance as an economic indicator.

0.4%; 8.2% -0.2%; 9.2% -
May, 31 13:00
★★
CPI
CPI
Country:
Date: May, 31 13:00
Importance: Medium
Previous: 0.4%; 7.2%
Forecast: 0.2%; 6.5%
Actual: -
Period: May

Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures. Simply put, inflation reflects a decline in the purchasing power of the Euro in Germany , where each Euro buys fewer goods and services. CPI is the most popular way to measure changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical German household might purchase. An increase in the index indicates that it takes more Euros to purchase this same set of basic consumer items.

The German CPI is significant as one of the primary gauges of inflation. As the largest Eurozone economy, inflation in Germany will contribute significantly to inflation in the Eurozone and the behavior of the European Central Bank. High or rising inflation acts as a signal to the ECB to raise interest rates, an action which will result in the strengthening of the Euro. The headline figure for CPI is the percentage change in monthly and annualized percentage term.

0.4%; 7.2% 0.2%; 6.5% -
May, 31 13:00
★★
CPI
CPI
Country:
Date: May, 31 13:00
Importance: Medium
Previous: 0.4%; 7.2%
Forecast: 0.2%; 6.5%
Actual: -
Period: May

Assesses changes in the cost of living by measuring changes in the prices of consumer items. The CPI is the headline inflation figure that indicates the strength of domestic inflationary pressures. Simply put, inflation reflects a decline in the purchasing power of the Euro in Germany , where each Euro buys fewer goods and services. CPI is the most popular way to measure changes in purchasing power. The report tracks changes in the price of a basket of goods and services that a typical German household might purchase. An increase in the index indicates that it takes more Euros to purchase this same set of basic consumer items.

The German CPI is significant as one of the primary gauges of inflation. As the largest Eurozone economy, inflation in Germany will contribute significantly to inflation in the Eurozone and the behavior of the European Central Bank. High or rising inflation acts as a signal to the ECB to raise interest rates, an action which will result in the strengthening of the Euro. The headline figure for CPI is the percentage change in monthly and annualized percentage term.

0.4%; 7.2% 0.2%; 6.5% -
May, 31 13:00
★★
Harmonized CPI
Harmonized CPI
Country:
Date: May, 31 13:00
Importance: Medium
Previous: 0.6%; 7.6%
Forecast: 0.3%; 6.8%
Actual: -
Period: May

The Harmonized Index of Consumer Prices (HICP) reflects changes in the prices of consumer goods and services in a specified period of time. The HICP measures changes of the average price level for goods and services that households consume (the fixed consumer basket). HICP is pure price index. It does not reflect the changes in buying or consumption patterns, brands, and does not reflect the effect of outlet and service provider substitution.

0.6%; 7.6% 0.3%; 6.8% -
May, 31 13:00
★★
Harmonized CPI
Harmonized CPI
Country:
Date: May, 31 13:00
Importance: Medium
Previous: 0.6%; 7.6%
Forecast: 0.3%; 6.8%
Actual: -
Period: May

The Harmonized Index of Consumer Prices (HICP) reflects changes in the prices of consumer goods and services in a specified period of time. The HICP measures changes of the average price level for goods and services that households consume (the fixed consumer basket). HICP is pure price index. It does not reflect the changes in buying or consumption patterns, brands, and does not reflect the effect of outlet and service provider substitution.

0.6%; 7.6% 0.3%; 6.8% -