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Employment change. Germany, 09:55 (GMT+2) 04 Jun

04Jun.202408:55

Employment change. Germany, 09:55 (GMT+2)

At 09:55 (GMT+2), Germany will publish data on the change in the number of unemployed citizens for May. The upward trend reflects weakness in the national labor market and hurts consumer spending and, consequently, economic growth. The May figure may fall from 10.0K to 7.0K.

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Consumer price index. Switzerland, 08:30 (GMT+2)
04 Jun. 2024 07:30
Consumer price index. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), Switzerland will present the consumer price index for May. It is the main indicator of the inflation rate in the country and reflects the change in retail prices for a certain “basket” of goods and services: food, transport, utilities, and health care. The index has a significant impact on the decisions of the Swiss National Bank on monetary policy. It may change from 1.4% to 1.1% YoY and from 0.3% to 0.4% MoM.

Unemployment rate. Germany, 09:55 (GMT+2)
04 Jun. 2024 08:55
Unemployment rate. Germany, 09:55 (GMT+2)

At 09:55 (GMT+2), Germany will publish data on the unemployment rate for May. This indicator records the percentage of unemployed people over 18 years in the total working-age population. The May figure may stay at 5.9%.

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