Unemployment change. Germany, 10:55 (GMT+2) 29 Feb

29Feb.202409:55

Unemployment change. Germany, 10:55 (GMT+2)

At 10:55 (GMT+2), February data on changes in the number of unemployed citizens will be published in Germany. The rising trend reflects weakness in the national labor market and has a negative impact on consumer spending and therefore economic growth. It is expected that the February figure will increase from −2.0K to 7.0K.

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29 Feb. 2024 09:55

Unemployment rate. Germany, 10:55 (GMT+2)

At 10:55 (GMT+2), February data on the unemployment rate will be published in Germany. This indicator records the percentage of registered unemployed over 18 years to the total working-age population. The rate is expected to remain at 5.8% in February.

29 Feb. 2024 14:00

Consumer price index. Germany, 15:00 (GMT+2)

At 15:00 (GMT+2), February data on the consumer price index in Germany will be published – a key indicator of inflation in the country, which reflects changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, healthcare and so on, and has a significant impact on the decisions of regulators in the field of monetary policy. The rate is expected to adjust from 0.2% to 0.5% MoM and from 2.9% to 2.6% YoY, while the harmonized rate is likely to rise from –0.2% to 0.7% MoM and drop from 3.1% to 2.8% YoY.

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