Unemployment rate. EU, 12:00 (GMT+2) 01 Feb

01Feb.202411:00

Unemployment rate. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), December data on the unemployment rate in the EU countries will be published – an indicator that records the percentage of registered unemployed over 18 years to the total working-age population. The figure may remain at 6.4%.

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01 Feb. 2024 10:30

Manufacturing PMI. UK, 11:30 (GMT+2)

At 11:30 (GMT+2), January data on the manufacturing business activity index will be published in the UK, based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, their attitude to the current economic situation and prospects for the further development is assessed. The index may remain at 47.3 points in January, supporting the pound.

01 Feb. 2024 11:00

Consumer price index. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), data on the consumer price index of EU countries will be published. It is the main indicator of inflation and determines changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, healthcare, etc. It has a significant impact on the monetary policy regulators' decisions. The consumer price index may remain at 0.2% MoM and fall from 2.9% to 2.8% YoY, while the core reading may correct from 0.5% to 0.4% MoM and from 3.4% to 3.2% YoY.

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