Unemployment Rate. EU, 12:00 (GMT+2) 01 Mar

01Mar.202411:00

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

At 12:00 (GMT+2), January data on the unemployment rate in the Eurozone countries will be published — an indicator that captures the percentage of the number of unemployed over the age of 18 to the total working-age population. Only registered unemployed citizens are counted. The indicator is expected to remain at the level of 6.4%.

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01 Mar. 2024 11:00

Consumer Price Index. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), February data on the Consumer Price index in the Eurozone will be published. It is the main indicator of inflation which determines the change in the level of retail prices for a certain "basket" of goods and services: food, transportation, utilities, healthcare, etc. It has a significant impact on the decisions of the financial regulator regarding adjustments to monetary policy. The CPI is expected to remain at -0.4% MoM and drop from 2.8% to 2.5% YoY, while the base monthly value is likely to be fixed at -0.9%, and the annual value will decrease from 3.3% to 2.9%.

01 Mar. 2024 16:00

Michigan Consumer Sentiment Index. USA, 17:00 (GMT+2)

At 17:00 (GMT+2), February data on changes in the consumer sentiment index from the University of Michigan will be published in the United States. The indicator is calculated monthly based on a telephone survey of at least 500 US households and captures consumer spending that is part of economic activity. The value is expected to rise from 79.0 points to 79.6 points, supporting the position of the national currency.

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