Producer Price Index. Switzerland, 09:30 (GMT+2) 15 Nov

15Nov.202408:30

Producer Price Index. Switzerland, 09:30 (GMT+2)

October data on the Swiss Producer Price Index are due at 09:30 (GMT+2). The indicator records changes in the cost of goods, components and raw materials on the wholesale market and is one of the most important indicators of inflation. On a monthly basis, it will grow from –0.1% to 0.1%, acting as a driver of the upward dynamics of franc quotes.

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15 Nov. 2024 08:00

Manufacturing Production. UK, 09:00 (GMT+2)

At 09:00 (GMT+2), the Office for National Statistics (ONS) will publish its September Manufacturing output data, one of the main indicators reflecting the state of the sector. On a monthly basis, the value is expected to adjust from 1.1% to 0.0%, and on an annual basis — from –0.3% to 0.1%. The implementation of the forecast may act as a driver of decline in the national currency quotes.

15 Nov. 2024 14:30

Retail Sales. USA, 15:30 (GMT+2)

At 15:30 (GMT+2), October data on retail sales will be published in the United States. The indicator captures the volume of all goods sold by retailers, based on a sample of stores of different types and sizes, and is an important indicator of consumer spending with a significant impact on Gross Domestic Product (GDP). The value is expected to correct from 0.4% to 0.3% in October, while the Core rate is expected to correct from 0.5% to 0.2%.

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