Gross Domestic Product. Switzerland, 09:00 (GMT+2) 01 Dec

01Dec.202308:00

Gross Domestic Product. Switzerland, 09:00 (GMT+2)

At 09:00 (GMT+2), Swiss gross domestic product (GDP) data for Q3 2023 will be published. This is the main indicator reflecting the state of the national economy. It takes into account domestic consumption, investment, government spending and exports. It is expected that in quarterly terms the figure will remain at the level of 0.0%.

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01 Dec. 2023 08:00

Nationwide Housing Price Index. UK, 09:00 (GMT+2)

At 09:00 (GMT+2), the November housing price index (HPI) from the British Nationwide Building Society will be published, measuring the change in the average price of a house with a mortgage issued by it in the United Kingdom, and being the leading indicator on the national real estate market. MoM, the indicator is likely to decrease from 0.9% to -0.4%, and YoY — from -3.3% to -4.8%.

01 Dec. 2023 09:30

The procure.ch Purchasing Managers' Index. Switzerland, 10:30 (GMT+2)

At 10:30 (GMT+2), November data on the Swiss Manufacturing PMI from procure.ch will be published. The indicator reflects the level of activity of purchasing managers in the manufacturing sector and is one of the important indicators characterizing the degree of confidence of large business in the economic development of the country. It is likely that in November the value will be adjusted from 40.6 points to 42.0 points, which, in turn, may support the franc exchange rate.

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