Eco Week
Calendars

Economic calendars

02/20/2023

LATEST INDICATORS

In Japan, 4th quarter GDP growth came in well below expectations (+0.2% versus +0.5%). In France, the unemployment rate edged down, reaching 7.2%. In the UK, the increase in employment picked up, thereby beating expectations and headline inflation, on a monthly basis, was even more negative than expected. Retail sales ex automobiles and fuel increased strongly in January, creating another positive surprise. In the Eurozone, employment in the 4th quarter grew slightly faster than in the previous quarter. In the US, monthly headline inflation as well as core inflation picked up, in line with the consensus. Retail sales were unexpectedly strong and the NAHB housing market index rose more than anticipated. Producer price inflation was higher than the consensus forecast but housing starts declined.

COMING INDICATORS

This week sees the publications of a lot of survey data for the month of February: flash PMIs in several countries, consumer confidence (Eurozone, France, Germany, UK), IFO in Germany, ZEW in Germany and the Eurozone). In the US we will have University of Michigan sentiment and the FOMC minutes.

THE EXPERT ECONOMISTS WHO PARTICIPATED IN THIS ARTICLE

Other articles from the same publication

Editorial
US: "It ain't over till it's over"

US: "It ain't over till it's over"

In the US, it seems that the expansion phase of the business cycle, the period of elevated inflation, the monetary tightening cycle and the ‘risk-on’ mindset in markets are all far from over [...]

Read the article
Economic Pulse
International trade: ongoing slowdown

International trade: ongoing slowdown

Global PMI indices improved slightly in January but remain at a very low level and cannot be taken as a sign of global activity regaining momentum at the start of 2023.

Read the article
Economic Scenario
Economic Scenario

Economic Scenario

Outlook for GDP growth, inflation, interest rates and exchange rates

Read the article