Economic Calendar

Time
Currency
Country
Impact
Events
Period
Actual
Forecast
Previous
01:00
EUR
Finland
Consumer Confidence
November
-4.8
-
-6.9
01:00
EUR
Finland
Gross Domestic Product q/q
Q3
3.3%
-
-3.9%
01:00
EUR
Finland
Gross Domestic Product y/y
Q3
-2.7%
-
-6.2%
02:45
EUR
France
Consumer Spending m/m
October
3.7%
2.9%
-5.1%
02:45
EUR
France
Producer Price Index m/m
October
0.2%
0.0%
0.0%
02:45
EUR
France
Producer Price Index y/y
November
0.2%
0.1%
0.0%
02:45
EUR
France
Harmonized Index of Consumer Prices m/m
November
0.2%
0.1%
0.0%
02:45
EUR
France
Harmonized Index of Consumer Prices y/y
November
0.2%
0.1%
0.1%
02:45
EUR
France
Producer Price Index m/m
October
0.1%
-
0.2%
03:00
EUR
Spain
Retail Sales SA y/y
October
-2.7%
-
-3.3%
03:30
SEK
Sweden
Gross Domestic Product q/q
Q3
4.9%
4.4%
-8.34%
03:30
SEK
Sweden
Gross Domestic Product y/y
Q3
-2.5%
-3.6%
-7.7%
03:30
SEK
Sweden
Retail Sales m/m
October
0.5%
-0.1%
0.8%
03:30
SEK
Sweden
Retail Sales y/y
October
3.64%
1.6%
3.9%
03:30
SEK
Sweden
Trade Balance
October
4.70 B SEK
-
2.6 B SEK
04:00
EUR
Italy
Business Confidence
November
90.2
93.5
95.6
04:00
EUR
Italy
Consumer Confidence
November
98.1
99.0
102.0
04:00
NOK
Norway
Unemployment Rate
November
3.90%
4.00%
3.50%
05:00
EUR
Italy
Producer Price Index m/m
October
0.6%
-
0.1%
05:00
EUR
Italy
Producer Price Index y/y
October
-2.5%
-
-3.1%
05:00
EUR
Eurozone
Business Climate Indicator
November
-0.63
-
-0.74
05:00
EUR
Eurozone
Consumer Confidence
November
-17.6
-17.6
-15.5
01:00
Consumer Confidence
FinlandEUR
Period
November
Actual
-4.8
Forecast
-
Previous
-6.9
The Consumer Barometer includes questions about certain economic matters. Individual indicators are based on the following questions: consumers' assessment of the development of the Finnish economy and their own economic situation as well as the development of consumer prices over the past and coming year; consumers' assessment of changes in unemployment over the next 12 months; consumers' assessment of how favourable the present time was for making major purchases, saving, or raising a loan; consumers' assessment of how much they would be spending on durable goods over the coming year, compared to the past year.
01:00
Gross Domestic Product q/q
FinlandEUR
Period
Q3
Actual
3.3%
Forecast
-
Previous
-3.9%
GDP, gross domestic product at market prices is the final result of the production activity of resident producer units. It can be defined in three ways: as the sum of gross value added of the various institutional sectors or the various industries plus taxes and less subsidies on products; as the sum of final uses of goods and services by resident institutional units (final consumption, gross capital formation, exports minus imports); as the sum of uses in the total economy generation of income account (compensation of employees, taxes on production and imports less subsidies, gross operating surplus and gross mixed income). This is the percentage change compared with the previous quarter.
01:00
Gross Domestic Product y/y
FinlandEUR
Period
Q3
Actual
-2.7%
Forecast
-
Previous
-6.2%
GDP, gross domestic product at market prices is the final result of the production activity of resident producer units. It can be defined in three ways: as the sum of gross value added of the various institutional sectors or the various industries plus taxes and less subsidies on products; as the sum of final uses of goods and services by resident institutional units (final consumption, gross capital formation, exports minus imports); as the sum of uses in the total economy generation of income account (compensation of employees, taxes on production and imports less subsidies, gross operating surplus and gross mixed income). This is the percentage change compared with the corresponding period in the previous year.
02:45
Consumer Spending m/m
FranceEUR
Period
October
Actual
3.7%
Forecast
2.9%
Previous
-5.1%
It measures change in the total value of inflation-adjusted goods expenditures by consumers. It provides a short-term picture of household behaviour. It focuses on 'household expenditure,' which is relevant for short-term economic analysis. Household expenditures on other products, as well as general-government expenditures, are published quarterly as part of the set of quarterly national accounts. This is the percentage change compared with the previous month.
02:45
Producer Price Index m/m
FranceEUR
Period
October
Actual
0.2%
Forecast
0.0%
Previous
0.0%
The producer price index for the domestic French market measures the evolution of transaction prices of industrial goods sold on the French market, net of Value Added Tax (VAT). Producer price index for the export markets shows the evolution of transaction prices of industrial goods sold to foreign markets, converted into Euro Free On Board (FOB). The combination of both indices constitutes the industrial product price index (French and external markets). The index is based on the monthly prices (or quarterly prices in certain industries) of 26 000 products gathered from a representative sample of 3 900 enterprises responding to the mandatory survey. This is the percentage change compared with the previous month.
02:45
Producer Price Index y/y
FranceEUR
Period
November
Actual
0.2%
Forecast
0.1%
Previous
0.0%
The producer price index for the domestic French market measures the evolution of transaction prices of industrial goods sold on the French market, net of Value Added Tax (VAT). Producer price index for the export markets shows the evolution of transaction prices of industrial goods sold to foreign markets, converted into Euro Free On Board (FOB). The combination of both indices constitutes the industrial product price index (French and external markets). The index is based on the monthly prices (or quarterly prices in certain industries) of 26 000 products gathered from a representative sample of 3 900 enterprises responding to the mandatory survey. This is the percentage change compared with the corresponding period in the previous year.
02:45
Harmonized Index of Consumer Prices m/m
FranceEUR
Period
November
Actual
0.2%
Forecast
0.1%
Previous
0.0%
The coverage of the Harmonised Index of Consumer Prices is defined in terms of 'household final monetary consumption expenditure', by reference to the national accounts concept of the European System of Accounts. HICP is monthly price index designed for international comparison of consumer price inflation. The index covers all forms of household expenditure, net of reimbursements, subsidies and discounts. This is the percentage change, compared with the previous month.
02:45
Harmonized Index of Consumer Prices y/y
FranceEUR
Period
November
Actual
0.2%
Forecast
0.1%
Previous
0.1%
The coverage of the Harmonised Index of Consumer Prices is defined in terms of 'household final monetary consumption expenditure', by reference to the national accounts concept of the European System of Accounts. HICP is monthly price index designed for international comparison of consumer price inflation. The index covers all forms of household expenditure, net of reimbursements, subsidies and discounts. This is the percentage change, compared with the corresponding period in the previous year.
02:45
Producer Price Index m/m
FranceEUR
Period
October
Actual
0.1%
Forecast
-
Previous
0.2%
The producer price index for the domestic French market measures the evolution of transaction prices of industrial goods sold on the French market, net of Value Added Tax (VAT). Producer price index for the export markets shows the evolution of transaction prices of industrial goods sold to foreign markets, converted into Euro Free On Board (FOB). The combination of both indices constitutes the industrial product price index (French and external markets). The index is based on the monthly prices (or quarterly prices in certain industries) of 26 000 products gathered from a representative sample of 3 900 enterprises responding to the mandatory survey. This is the percentage change compared with the previous month.
03:00
Retail Sales SA y/y
SpainEUR
Period
October
Actual
-2.7%
Forecast
-
Previous
-3.3%
For short term indicators, the cycles that are relevant for the economic trends and which by definition have periodicities longer than one year, are generally affected by considerable short-term fluctuations (trend, economic fluctuations, seasonal fluctuations, calendar fluctuations, residual or irregular fluctuations). As a consequence, analysing the current business-cycle phase is quite difficult. To improve the accuracy of the economic trend analyses, it is common to apply mathematical filtering techniques to remove such fluctuations from the time series.
03:30
Gross Domestic Product q/q
SwedenSEK
Period
Q3
Actual
4.9%
Forecast
4.4%
Previous
-8.34%
Gross domestic product is an estimate of the value of goods and services produced in a country as far as they are not used as input for the production of other goods or services, in other words it is the value added. From the production side it shows how the sum of value added is distributed over sectors and activities. Gross domestic product on the expenditure side shows how GDP is distributed with respect to consumption, capital formation and foreign trade. It can be measured as follows: GDP = private final consumption expenditure + government final consumption expenditure + gross fixed capital formation + changes in inventories+ acquisition less disposal of valuables + exports - imports. This is the percentage change compared with the previous quarter.
03:30
Gross Domestic Product y/y
SwedenSEK
Period
Q3
Actual
-2.5%
Forecast
-3.6%
Previous
-7.7%
Gross domestic product is an estimate of the value of goods and services produced in a country as far as they are not used as input for the production of other goods or services, in other words it is the value added. From the production side it shows how the sum of value added is distributed over sectors and activities. Gross domestic product on the expenditure side shows how GDP is distributed with respect to consumption, capital formation and foreign trade. It can be measured as follows: GDP = private final consumption expenditure + government final consumption expenditure + gross fixed capital formation + changes in inventories+ acquisition less disposal of valuables + exports - imports. This is the percentage change compared with the corresponding period in the previous year.
03:30
Retail Sales m/m
SwedenSEK
Period
October
Actual
0.5%
Forecast
-0.1%
Previous
0.8%
Index represents the turnover of enterprises whose main activity is retail trade. From 1990 data exclude sales of motor vehicles, pharmaceuticals and beverages. Data are collected via a survey of enterprises. All enterprises with a turnover of more than 1 billion SEK, according to the VAT register, are included in the sample. Enterprises with a turnover of less than 2 million SEK are excluded. This is the percentage change compared with the previous month.
03:30
Retail Sales y/y
SwedenSEK
Period
October
Actual
3.64%
Forecast
1.6%
Previous
3.9%
Index represents the turnover of enterprises whose main activity is retail trade. From 1990 data exclude sales of motor vehicles, pharmaceuticals and beverages. Data are collected via a survey of enterprises. All enterprises with a turnover of more than 1 billion SEK, according to the VAT register, are included in the sample. Enterprises with a turnover of less than 2 million SEK are excluded. This is the percentage change compared with the corresponding period in the previous year.
03:30
Trade Balance
SwedenSEK
Period
October
Actual
4.70 B SEK
Forecast
-
Previous
2.6 B SEK
It measures the difference between imports and exports data in billions of SEK. Imports of goods measures the value of goods that enter the domestic territory of a country irrespective of their final destination. Exports of goods similarly measures the value of goods which leave the domestic territory of a country, irrespective of whether they have been processed in the domestic territory or not. The data are based on customs documents for goods cleared through customs for trade with non-European Union member countries, and on Intrastat survey data compiled from companies trading goods (with a current 12-month value of at least 1500000 SEK in each flow of goods) with partners in European Union member countries.
04:00
Business Confidence
ItalyEUR
Period
November
Actual
90.2
Forecast
93.5
Previous
95.6
ISAE monitors the cyclical evolution of the manufacturing sector in Italy by surveying Italian 4,000 business firms. The main questions concern the current trend of (domestic and foreign) order books, production and inventories, short-term forecasts on order books, production and prices and on the general economic situation. Respondents also are invited to indicate their planned expenditure for investments in the current, previous and following year and they provide indications on the investment prices for those same years.
04:00
Consumer Confidence
ItalyEUR
Period
November
Actual
98.1
Forecast
99.0
Previous
102.0
The index measures consumers' opinions by combining their answers to nine questions on the economic situation of the country, the economic situation of the family regarding employment, savings, purchase of durable goods and their financial situation. Data are first calculated as the percent balance of positive over negative answers. For the questions for which five answers are possible the extreme responses are double weighted. A simple arithmetic average of the answers is then computed. The indicator is presented as an index. The sample is selected from the population aged 18 years and over. Approximately 2000 persons are selected.
04:00
Unemployment Rate
NorwayNOK
Period
November
Actual
3.90%
Forecast
4.00%
Previous
3.50%
Employed is defined as persons with income from work. Unemployed is defined as persons with no income-earning work, but who are seeking work and can start working immediately. The percentage is calculated from the labour force. Labour force is the total of the employed and unemployed. There are two measurements of unemployment in Norway: Figures for registered unemployment at the Directorate Of Labour and Statistics Norway's figures based on the Labour Force Survey. The difference between the figures is that the survey includes unemployed persons who do not register with the employment service and some of those on labour market measures.
05:00
Producer Price Index m/m
ItalyEUR
Period
October
Actual
0.6%
Forecast
-
Previous
0.1%
The producer price index for industrial products measures the change in output prices at the first trading level. Price quotations refer to goods sold on the domestic market excluding duties, VAT and any other fees paid by the buyer. Products included refer to the whole industrial sector with the exception of construction, building of ships and boats, manufacture of aircraft and spacecraft, manufacture of railways and military equipment. The prices of the products included in the basket are classified into 1102 items. The information is collected from 3 667 enterprises and some 12600 prices are observed each month. This is the percentage change compared with the previous month.
05:00
Producer Price Index y/y
ItalyEUR
Period
October
Actual
-2.5%
Forecast
-
Previous
-3.1%
The producer price index for industrial products measures the change in output prices at the first trading level. Price quotations refer to goods sold on the domestic market excluding duties, VAT and any other fees paid by the buyer. Products included refer to the whole industrial sector with the exception of construction, building of ships and boats, manufacture of aircraft and spacecraft, manufacture of railways and military equipment. The prices of the products included in the basket are classified into 1102 items. The information is collected from 3 667 enterprises and some 12600 prices are observed each month. This is the percentage change compared with the corresponding period in the previous year.
05:00
Business Climate Indicator
EurozoneEUR
Period
November
Actual
-0.63
Forecast
-
Previous
-0.74
Business and consumer surveys - Economic sentiment indicator. The Directorate General for Economic and Financial Affairs (DG ECFIN) conducts regular harmonised surveys for different sectors of the economies in the European Union (EU) and in the applicant countries. They are addressed to representatives of the industry (manufacturing), the services, retail trade and construction sectors, as well as to consumers. These surveys allow comparisons among different countries' business cycles and have become an indispensable tool for monitoring the evolution of the EU and the Euro area economies, as well as monitoring developments in the applicant countries.
05:00
Consumer Confidence
EurozoneEUR
Period
November
Actual
-17.6
Forecast
-17.6
Previous
-15.5
It is one of the components of the Economic Sentiment Indicator.

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