Industrial production. EU, 11:00 (GMT+2) 14 Aug

14Aug.202410:00

Industrial production. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the EU will publish data on industrial production for June, which reflects the change in the volume of industrial goods and utilities in the country, taking into account the manufacturing and mining industries, as well as the electric power industry. It may grow from –0.6% to 0.4% MoM, supporting the euro.

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14 Aug. 2024 10:00

Gross domestic product. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), the EU will publish data on the gross domestic product (GDP) for the second quarter of 2024. It is the main indicator reflecting the state of the national economy and considers domestic consumption, investment, government spending, and exports. It may stay at 0.3% QoQ and increase from 0.4% to 0.6% YoY, supporting the euro.

14 Aug. 2024 13:30

Consumer price index. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), the US will publish July data on the consumer price index. It is the main indicator of the inflation rate in the country, which reflects the change in retail prices for a certain basket of goods and services: food, transport, utilities, health care, and so on. It has a significant impact on the decisions of the country’s financial regulator on monetary policy. It may change from –0.1% to 0.2% MoM and stay at 3.0% YoY, while the core value may grow from 0.1% to 0.2% MoM and fall from 3.3% to 3.2% YoY.

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