Week Ahead



Next week the US will be publishing retail trade, industrial production, housing data and the preliminary estimate of Michigan consumer sentiment. Elsewhere, important releases include: UK inflation, wage data, unemployment and retail trade; Germany flash Q2 GDP growth and Eurozone second estimate; China industrial output, retail sales and fixed asset investment; Japan foreign trade; Australia business and consumer morale, and employment figures; and Canada and India inflation rates.

In the US the most important releases are retail sales; industrial production; building permits and housing starts; the preliminary estimate of Michigan consumer sentiment; foreign trade prices; business inventories; non-farm productivity; NY Empire State Manufacturing Index; Philadelphia Fed Manufacturing Index; NFIB Business Optimism Index; NAHB Housing Market Index; and overall net capital flows.

The UK will publish inflation and producer prices, wage data and unemployment, and retail trade. Elsewhere in Europe, several countries are set to publish a preliminary reading of second-quarter GDP growth, including Germany, the Netherlands and Finland, while the Eurozone will release its second estimate. Other key data include: Eurozone final estimate of July's inflation, alongside trade balance and industrial output; Germany ZEW Economic Sentiment Index; France jobless rate; Norway interest rate decision; and Turkey consumer confidence and unemployment rate.

In China analysts are eyeing the publication of industrial production, retail sales, fixed asset investment, monetary indicators and house price index. Meanwhile, Japan is set to publish figures for trade balance and final figures for industrial output; and Australia is releasing NAB Business Confidence, Westpac Consumer Confidence, employment figures and wage growth.

Other key highlights include: Canada inflation rate; India trade balance, inflation and wholesale prices; Malaysia GDP growth; and Indonesia interest rate decision and trade balance.



Joana Ferreira | joana.ferreira@tradingeconomics.com
8/10/2018 3:57:48 PM



 


Friday August 10 2018 Actual Previous Consensus
01:30 AM
AU
RBA Statement on Monetary Policy
04:00 AM
MY
Unemployment Rate JUN 3.4% 3.3%
04:30 AM
JP
Tertiary Industry Index MoM JUN -0.5% 0.2% ®
06:45 AM
FR
Industrial Production MoM JUN 0.6% -0.2%
07:30 AM
SE
CPIF YoY JUL 2.2% 2.2%
07:30 AM
SE
Inflation Rate MoM JUL 0.5% 0.2%
08:00 AM
FR
IEA Oil Market Report
08:00 AM
IT
Balance of Trade JUN €5.071B €3.366B ®
08:30 AM
HK
GDP Growth Rate YoY Q2 3.5% 4.6% ®
08:30 AM
HK
GDP Growth Rate QoQ Q2 -0.2% 2.1% ®
08:30 AM
GB
Manufacturing Production MoM JUN 0.4% 0.6% ®
08:30 AM
GB
GDP MoM JUN 0.1% 0.3%
08:30 AM
GB
Construction Output YoY JUN 2.2% 1.5% ®
08:30 AM
GB
GDP Growth Rate YoY Prel Q2 1.3% 1.2%
08:30 AM
GB
GDP Growth Rate QoQ Prel Q2 0.4% 0.2%
08:30 AM
GB
Industrial Production YoY JUN 1.1% 1.2% ®
08:30 AM
GB
Industrial Production MoM JUN 0.4% -0.2% ®
08:30 AM
GB
Manufacturing Production YoY JUN 1.5% 1.5% ®
08:30 AM
GB
Business Investment QoQ Prel Q2 0.5% -0.4%
08:30 AM
GB
Business Investment YoY Prel Q2 0.8% 2%
08:30 AM
GB
Balance of Trade JUN £-1.861B £-3.141B ®
08:30 AM
GB
GDP 3-Month Avg JUN 0.4% 0.1% ®
12:00 PM
BR
Retail Sales MoM JUN -0.3% -1.2% ®
12:00 PM
BR
Retail Sales YoY JUN 1.5% 2.7%
12:00 PM
IN
Industrial Production YoY JUN 7% 3.9% ®
12:00 PM
IN
Manufacturing Production YoY JUN 6.9% 3.7% ®
12:30 PM
CA
Employment Change JUL 54.1K 31.8K
12:30 PM
CA
Full Time Employment Chg JUL -28K 9.1K
12:30 PM
CA
Participation Rate JUL 65.4% 65.5%
12:30 PM
CA
Part Time Employment Chg JUL 82K 22.7K
12:30 PM
CA
Unemployment Rate JUL 5.8% 6%
12:30 PM
US
Core Inflation Rate MoM JUL 0.2% 0.2%
12:30 PM
US
Inflation Rate MoM JUL 0.2% 0.1%
12:30 PM
US
Core Inflation Rate YoY JUL 2.4% 2.3%
12:30 PM
US
Inflation Rate YoY JUL 2.9% 2.9%
01:00 PM
RU
Balance of Trade JUN $15.56B $15.15B
01:00 PM
RU
GDP Growth Rate YoY Prel Q2 1.8% 1.3%
06:00 PM
US
Monthly Budget Statement JUL $-77B $-75B
Monday August 13 2018 Actual Previous Consensus
12:00 AM
SG
GDP Growth Rate YoY Final Q2 3.9% 4.5% ®
12:00 AM
SG
GDP Growth Rate QoQ Final Q2 0.6% 2.2% ®
12:00 PM
IN
Inflation Rate YoY JUL 4.17% 4.92% ®
08:00 PM
AR
Interest Rate Decision 45% 40%
SA
OPEC Monthly Report
Tuesday August 14 2018 Actual Previous Consensus
01:30 AM
AU
NAB Business Confidence JUL 7 6
02:00 AM
CN
Fixed Asset Investment (YTD) YoY JUL 5.5% 6%
02:00 AM
CN
Industrial Production YoY JUL 6% 6%
02:00 AM
CN
Retail Sales YoY JUL 8.8% 9%
05:00 AM
EE
Unemployment Rate Q2 5.1% 6.8%
05:30 AM
FR
Unemployment Rate Q2 9.1% 9.2%
06:00 AM
FI
GDP Growth Rate YoY Prel Q2 2.9% 3.1%
06:00 AM
FI
GDP Growth Rate QoQ Prel Q2 0.5% 1.2%
06:00 AM
DE
GDP Growth Rate YoY Flash Q2 2% 2.1% ®
06:00 AM
DE
GDP Growth Rate QoQ Flash Q2 0.5% 0.4% ®
06:00 AM
DE
Inflation Rate YoY Final JUL 2% 2.1%
06:00 AM
RO
GDP Growth Rate YoY Prel Q2 4.1% 4%
06:00 AM
RO
GDP Growth Rate QoQ Prel Q2 1.4%