Gross domestic product. Switzerland, 09:00 (GMT+2) 03 Sep

03Sep.202408:00

Gross domestic product. Switzerland, 09:00 (GMT+2)

At 09:00 (GMT+2), Switzerland’s Q2 gross domestic product (GDP) data is due. It is the main indicator reflecting the state of the national economy. It considers domestic consumption, investment, government spending and exports. It may consolidate at 0.5% QoQ and 0.6% YoY.

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03 Sep. 2024 07:30

Consumer price index. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), Switzerland will release its August consumer price index data. It is the main indicator of the country’s inflation rate and reflects changes in retail prices for a certain basket of goods and services: food, transport, utilities and healthcare. The index has a significant impact on the Swiss National Bank’s monetary policy decisions. It may fall from 1.3% to 1.2% YoY and rise from –0.2% to 0.1% MoM.

03 Sep. 2024 08:00

Consumer price index. Turkey, 09:00 (GMT+2)

At 09:00 (GMT+2), Turkey will publish the August consumer price index, which is the main indicator of the inflation rate in the country, reflecting the change in the cost of 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 Central Bank of the Republic of Turkey in the field of monetary policy. It may decrease from 3.23% to 2.64% MoM and from 61.78% to 52.20% YoY, supporting the lira.

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