Industrial production. Switzerland, 08:30 (GMT+2) 17 May

17May.202407:30

Industrial production. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), Swiss Q1 data on industrial production is due, which reflect changes in the volume of output of industrial goods and utilities in the country, taking into account the manufacturing and mining industries, as well as the electricity sector. It may continue its downward trend from the current −0.40% YoY, putting pressure on the franc.

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17 May. 2024 03:00

Unemployment rate. China, 04:00 (GMT+2)

At 04:00 (GMT+2) April data on the unemployment rate is due in China. This indicator records the percentage of registered unemployed people over 18 years to the total working-age population. The figure may remain at 5.2%.

17 May. 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, and so on, and has a significant impact on the decision of the financial regulator in the field of monetary policy. The consumer price index may fall from 0.8% to 0.6% MoM and stay at 2.4% YoY, while the core reading may adjust from 1.1% to 0.7% MoM and from 2.9% to 2.7% MoM.

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