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Producer price index. Germany, 08:00 (GMT+2) 20 Jun

20Jun.202407:00

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

At 08:00 (GMT+2), Germany will publish the May producer price index, which is the main indicator of the inflation rate in the country, reflecting the monthly change in prices for goods and services provided by manufacturers, and has a significant impact on the decisions of regulators in the field of monetary policy. It may fall from 0.2% MoM and from –3.3% YoY, putting pressure on the euro.

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Gross domestic product. New Zealand, 00:45 (GMT+2)
20 Jun. 2024 00:00
Gross domestic product. New Zealand, 00:45 (GMT+2)

At 00:45 (GMT+2), New Zealand’s Q1 gross domestic product (GDP) is due. It is the main indicator of the national economy, which considers domestic consumption, investment, government spending and exports. It may adjust from –0.1% to 0.1% QoQ and –0.3% to 0.2% YoY, supporting the New Zealand dollar.

Trade balance. Switzerland, 08:00 (GMT+2)
20 Jun. 2024 07:00
Trade balance. Switzerland, 08:00 (GMT+2)

At 08:00 (GMT+2), the May data on the trade balance in Switzerland is due. This indicator records the difference between the amount of payments for exported and imported goods. It may decrease from 4.316B francs to 3.840B francs, putting pressure on the franc.

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