Date
GMT+00:00
Event Value
Dec, 19 07:00
PPI
PPI
Country:
Date: Dec, 19 07:00
Importance: Low
Previous: 0.3% m/m; 3.3% y/y
Forecast: -0.1% m/m; 3.1% y/y
Actual: -
Period: Nov

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

0.3% m/m; 3.3% y/y
Dec, 19 09:30
House Price Index
House Price Index
Country:
Date: Dec, 19 09:30
Importance: Low
Previous: 3.5%
Forecast: 3.3%
Actual: -
Period: Oct

A broad measure of the movement of single-family house prices. Apart from serving as an indicator of house price trends, the House Price Index (HPI) provides an analytical tool for estimating changes in the rates of mortgage defaults, prepayments and housing affordability. It is a weighted, repeat-sales index, which means that it measures average price changes in repeat sales or refinancings on the same properties.

3.5%
Dec, 19 09:30
PPI Output
PPI Output
Country:
Date: Dec, 19 09:30
Importance: Low
Previous: 0.3% m/m; 3.3% y/y
Forecast: -0.1% m/m; 3.0% y/y
Actual: -
Period: Nov

A monthly survey that measures the price changes of goods produced by UK manufacturers. The figure is also known as "Factory Gate Price" because it usually matches the price of goods when they first leave the factory. Increased prices in manufacturing typically lead to higher retail prices for consumers. However, it is also likely that higher output prices are caused by manufacturers charging a higher premium due to higher demand for their goods. Consequently, market trends in consumption should be considered with Output PPI to avoid data misinterpretation.

0.3% m/m; 3.3% y/y
Dec, 19 09:30
★★
PPI Input
PPI Input
Country:
Date: Dec, 19 09:30
Importance: Medium
Previous: 0.8% m/m; 10.0% y/y
Forecast: -2.8% m/m; 4.9% y/y
Actual: -
Period: Nov

A monthly survey that measures change in input prices as incurred by UK manufacturers. Input prices include the cost of materials used plus operation costs of running the business. The index can be used as a measure of inflation, given that higher input costs will likely be passed on from producers to consumers in the form of higher retail prices.

The headline is the percentage change in the Producer Price Index (Input) from the previous quarter and previous year.

0.8% m/m; 10.0% y/y
Dec, 19 09:30
★★
Retail price index
Retail price index
Country:
Date: Dec, 19 09:30
Importance: Medium
Previous: 0.1% m/m; 3.3% y/y
Forecast: 0.1% m/m; 3.2% y/y
Actual: -
Period: Nov

In the United Kingdom, the Retail Prices Index or Retail Price Index (RPI) is a measure of inflation published monthly by the Office for National Statistics.

0.1% m/m; 3.3% y/y
Dec, 19 09:30
★★
Consumer Price Index-Core
Consumer Price Index-Core
Country:
Date: Dec, 19 09:30
Importance: Medium
Previous: 1.9%
Forecast: 1.8%
Actual: -
Period: Nov

CPI assesses changes in the cost of living by measuring changes consumer pay for a set of items. CPI serves as the headline figure for inflation. Simply put, inflation reflects a decline in the purchasing power of the 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 a typical American household might purchase. An increase in the Consumer Price Index indicates that it takes more dollars to purchase the same set basket of basic consumer items.

Inflation is generally bad news for the economy, causing instability, uncertainty and hardship. To address inflation, the Fed may raise interest rates. However, the Fed relies on the PCE Deflator as its primary gauge of inflation because the CPI does not account for the ability of consumer to substitute out of CPI's set. Price changes tend to cause consumers to switch from buying one good to a less expensive-other, a tendency that the fixed-basket CPI figure does not yet account for. Given that the PCE Deflator is a more comprehensive calculation, based on changes in consumption; it is the figure the Fed prefers.

The figure is released monthly, as either a month over month annualized percentage change, or percentage change for the full year. The figure is seasonally adjusted to account seasonal consumption patterns.Inflation is generally bad news for the economy, causing instability, uncertainty and hardship. To address inflation, the Fed may raise interest rates. However, the Fed relies on the PCE Deflator as its primary gauge of inflation because the CPI does not account for the ability of consumer to substitute out of CPI's set. Price changes tend to cause consumers to switch from buying one good to a less expensive-other, a tendency that the fixed-basket CPI figure does not yet account for. Given that the PCE Deflator is a more comprehensive calculation, based on changes in consumption; it is the figure the Fed prefers.

The figure is released monthly, as either a month over month annualized percentage change, or percentage change for the full year. The figure is seasonally adjusted to account seasonal consumption patterns.

1.9%
Dec, 19 09:30
★★★
Consumer Price Index
Consumer Price Index
Country:
Date: Dec, 19 09:30
Importance: High
Previous: 0.1% m/m; 2.4% y/y
Forecast: 0.2% m/m; 2.3% y/y
Actual: -
Period: Nov

The Consumer Price Index (CPI) measures the change in the price of goods and services from the perspective of the consumer. It is a key way to measure changes in purchasing trends and inflation.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.

0.1% m/m; 2.4% y/y
Dec, 19 11:00
CBI industrial order books balance
CBI industrial order books balance
Country:
Date: Dec, 19 11:00
Importance: Low
Previous: 10
Forecast: 6
Actual: -
Period: Dec

This review reflects businessmen sentiment concerning the position of the industrial sector of the economy.

10
Dec, 19 13:30
Current Account
Current Account
Country:
Date: Dec, 19 13:30
Importance: Low
Previous: -101.5bln
Forecast: -125.0bln
Actual: -
Period: 3 quarter

The Current Account index measures the difference in value between exported and imported goods, services and interest payments during the reported month. The goods portion is the same as the monthly Trade Balance figure. Because foreigners must buy the domestic currency to pay for the nation's exports the data can have a sizable affect on the USD.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.

-101.5bln
Dec, 19 13:30
★★
Trimmed Core CPI
Trimmed Core CPI
Country:
Date: Dec, 19 13:30
Importance: Medium
Previous: 2.1%
Forecast: 2.1%
Actual: -
Period: Nov
Change in the price of goods and services purchased by consumers, excluding 40% of components with extreme price movements. The Trimmed Mean calculation helps expose the underlying inflation trend through component weighting and anomaly exclusion. Source first released in Dec 2016. Consumer prices account for a majority of overall inflation. Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation containment mandate.
2.1%
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