Friday, August 2, 2024

Summary of economic data releases of today 08/02/2024 until 11:45am UTC+2

 Here is a summary of the economic data releases for various countries on Friday, August 2nd:

Japan (JPY)

Monetary Base y/y

  • Actual: 1.0%
  • Forecast: 0.9%
  • Previous: 0.6%

The monetary base increased by 1.0% year-over-year, which was higher than the forecast of 0.9% and the previous month's growth of 0.6%. This measure reflects the total amount of currency in circulation and held by the central bank in reserves, indicating a moderate expansion in the money supply.

Australia (AUD)

Producer Price Index (PPI) q/q

  • Actual: 1.0%
  • Forecast: 1.0%
  • Previous: 0.9%

The PPI, which measures the average change over time in the selling prices received by domestic producers for their output, increased by 1.0% quarter-over-quarter, matching the forecast and up from the previous quarter's 0.9%.

Switzerland (CHF)

Consumer Price Index (CPI) m/m

  • Actual: -0.2%
  • Forecast: -0.2%
  • Previous: 0.0%

The CPI decreased by 0.2% month-over-month, which was in line with the forecast and down from the previous month's no change (0.0%).

Manufacturing PMI

  • Actual: 43.5
  • Forecast: 44.4
  • Previous: 43.9

The Swiss Manufacturing Purchasing Managers' Index (PMI) fell to 43.5, below the forecast of 44.4 and down from the previous month's 43.9. A PMI below 50 indicates contraction in the manufacturing sector.

Eurozone (EUR)

French Gov Budget Balance

  • Actual: -103.5B
  • Previous: -113.5B

The French government budget balance showed a deficit of -103.5 billion euros, an improvement from the previous month's deficit of -113.5 billion euros.

French Industrial Production m/m

  • Actual: 0.8%
  • Forecast: 1.0%
  • Previous: -2.2%

French industrial production increased by 0.8% month-over-month, which was below the forecast of 1.0% but a recovery from the previous month's significant decline of -2.2%.

Spanish Unemployment Change

  • Actual: -10.8K
  • Forecast: -17.4K
  • Previous: -46.8K

The number of unemployed people in Spain decreased by 10.8K, which was less than the forecasted decrease of 17.4K and significantly less than the previous month's decrease of 46.8K.

Italian Industrial Production m/m

  • Actual: 0.5%
  • Forecast: 0.0%
  • Previous: 0.5%

Italian industrial production increased by 0.5% month-over-month, exceeding the forecast of no change (0.0%) and matching the previous month's growth.

Italian Retail Sales m/m

  • Actual: -0.2%
  • Forecast: 0.2%
  • Previous: 0.4%

Italian retail sales decreased by 0.2% month-over-month, which was below the forecasted increase of 0.2% and a decline from the previous month's increase of 0.4%.

This collection of economic data reflects various aspects of the economies involved, such as inflation, industrial production, employment, and retail sales, providing insights into their current economic conditions.