Economic Calendar

  • Aug
    11
    Sun
  • Aug
    12
    Mon
  • Aug
    13
    Tue
  • Aug
    14
    Wed
  • Aug
    15
    Thu
  • Aug
    16
    Fri
  • Aug
    17
    Sat
Aug
13
TuesdayImpactActualForecastPreviousDetails
01:30
AUD
NAB Business Conditions
med
2.04.0*
01:30
AUD
NAB Business Confidence
med
4.02.0*
04:30
JPY
Tertiary Industry Activity Index (m/m)
low
-0.1%-0.2%
06:00
EUR
German CPI (m/m)
med
0.5%0.5%0.5%
06:00
EUR
German CPI (y/y)
med
1.7%1.7%1.7%
06:00
EUR
German HICP (m/m)
low
0.4%0.4%0.4%
06:00
EUR
German HICP (y/y)
low
1.1%1.1%1.1%
06:00
EUR
German Wholesale Price Index (y/y)
low
-0.3%0.3%
08:30
GBP
Average Earnings Index (3m y/y)
med
3.7%3.7%3.5%*

Average Earnings Index (3m y/y)

08:30
GBP
ImpactActualForecastPrevious
med
3.7%3.7%3.4%

Details

Source
Office for National Statistics
Measures
The Average Earnings Index measures change in the price businesses and the government pay for labor, including bonuses.
Usual Effect
A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Frequency
Monthly
Next Release
Sep 10, 2019
Why Traders Care
The Average Earnings figure gives us a good indication of personal income growth during the given month. It's a leading indicator of consumer inflation, when businesses pay more for labor the higher costs are usually passed on to the consumer.
Also Called
Average Earnings Including Bonusess, Average Earnings (incl. bonus), Average Earnings Index + Bonus
08:30
GBP
Unemployment Rate
med
3.9%3.8%3.8%
09:00
EUR
German ZEW (Current Conditions)
med
-13.5-6.3-1.1
09:00
EUR
German ZEW (Economic Sentiment)
med
-44.1-28.0-24.5
10:00
USD
NFIB Small Business Optimism
med
104.7104.0103.3
12:30
USD
CPI (m/m)
high
0.3%0.3%0.1%
12:30
USD
Core CPI (m/m)
high
0.3%0.2%0.3%
23:50
JPY
Core Machine orders (y/y)
high
12.5%-1.1%-3.7%

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