Unemployment rate. Germany, 09:55 (GMT+2) 31 Jul

31Jul.202408:55

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

At 09:55 (GMT+2), Germany will publish its unemployment rate data for July. This indicator measures the percentage of registered unemployed people over 18 years in the total working-age population. The indicator may stay at 6.0%.

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31 Jul. 2024 09:00

ZEW economic expectations. Switzerland, 10:00 (GMT+2)

At 10:00 (GMT+2), the Swiss ZEW economic expectations index is due, which measures the difference between the share of institutional investors and analysts, both optimistic and pessimistic, and is an important indicator of business conditions and the country’s economic well-being. It may grow from 17.5 points, supporting the franc.

31 Jul. 2024 10:00

Consumer price index. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), data on the consumer price index of the EU countries is due. It is the main indicator of the inflation rate, which determines the change in retail prices for a certain basket of goods and services: food, transport, utilities, health care, etc. and as a significant impact on the financial regulator’s decision in the monetary policy. It may stay at 0.2% MoM, and fall from 2.5% to 2.4% YoY, while the core value may change from 0.4% to 0.3% MoM and from 2.9% to 2.8% YoY.

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