Unemployment Rate. Germany, 10:55 (GMT+2) 29 Nov

29Nov.202409:55

Unemployment Rate. Germany, 10:55 (GMT+2)

German Unemployment Rate data for November are due at 10:55 (GMT+2). This indicator records the percentage ratio of the number of unemployed people over 18 years of age to the total number of working-age population (only registered unemployed people are taken into account). It is expected to be around 6.1% in November.

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29 Nov. 2024 09:55

Unemployment Change. Germany, 10:55 (GMT+2)

At 10:55 (GMT+2) Germany will publish November data on Unemployment Change. The growth trend indicates weakness in the national labor market and has a negative effect on consumer spending and, consequently, on economic growth. The figure is expected to fall from 27.0 thousand to 20.0 thousand in November, supporting the euro quotes.

29 Nov. 2024 11:00

Consumer Price Index. EU, 12:00 (GMT+2)

At 12:00 (GMT+2), eurozone will release November data on the Consumer Price Index, which is a key indicator of the country's inflation rate, reflecting the change in retail prices for a certain "basket" of goods and services: food, transport, utility costs, healthcare etc., and has a significant impact on the decision of the European Central Bank (ECB) in the field of monetary policy. The monthly CPI is expected to be around 0.3%, while the annual CPI is expected to adjust from 2.0% to 2.3%, and the Core monthly CPI is likely to remain at 0.2%, while the annual one is expected to adjust from 2.7% to 2.8%.

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