Producer price index. Switzerland, 08:30 (GMT+2) 14 May

14May.202407:30

Producer price index. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), April data on the producer price index in Switzerland will be presented. The indicator records changes in the cost of goods, components, and raw materials on the wholesale market and is one of the most important indicators of inflation. It may grow from 0.1% to 0.2% MoM, supporting the franc.

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14 May. 2024 07:00

Consumer price index. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), April data on the consumer price index in Germany is due – 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 may remain at 0.5% MoM and 2.2% YoY, while the harmonized rate may stay at 0.6% MoM and 2.4% YoY.

14 May. 2024 10:00

ZEW economic conditions. Germany, 11:00 (GMT+2)

At 11:00 (GMT+2), the May index of current economic conditions in Germany from the Center for European Economic Research (ZEW) is due. The indicator reflects the prevailing sentiment among financial analysts in Germany, and the subject of the study is the most important indicators: inflation, interest rates, stock indices, exchange rates, and oil prices. It may continue its negative trend from −79.2 points, putting pressure on the euro.

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