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Unemployment rate. Germany, 09:55 (GMT+2) 30 Apr

30Apr.202408:55

Unemployment rate. Germany, 09:55 (GMT+2)

At 09:55 (GMT+2), April data on the unemployment rate is due in Germany. This indicator records the percentage of registered unemployed people over 18 years to the total working-age population. It may remain at 5.9%.

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Gross domestic product. Germany, 10:00 (GMT+2)
30 Apr. 2024 09:00
Gross domestic product. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), Q1 German gross domestic product (GDP) is due, the main indicator reflecting the state of the national economy, which considers domestic consumption, investment, government spending, and exports. It may increase from −0.3% to 0.1% QoQ and consolidate around −0.2% YoY, putting pressure on the euro.

Consumer price index. EU, 11:00 (GMT+2)
30 Apr. 2024 10:00
Consumer price index. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), April data on the consumer price index of EU countries is due. 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 monetary policy decisions. The consumer price index may stay at 0.8% MoM and 2.4% YoY, while the core CPI may remain at 1.1% MoM and decline from 2.9% to 2.6% YoY.

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