Economic Calendar

List of important economic releases

Time Impact
Currency
Event
Previous
Forecast
Actual
Dec 15, 2025

00:30

JPY
Jibun Bank Composite PMI Flash
{previous}
{forecast}
{actual}
The au Jibun Bank Japan Composite PMI Output Index, which is a weighted average of the Manufacturing Output Index and the Services Business Activity Index, tracks business trends across private sector activity based on data collected from a representative panel of around 800 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease.

00:30

JPY
Jibun Bank Manufacturing PMI Flash
{previous}
{forecast}
{actual}
The au Jibun Bank Japan Manufacturing PMI is compiled by S&P Global from responses to monthly questionnaires sent to purchasing managers in a panel of around 400 manufacturers. The headline figure is the Purchasing Managers’ Index (PMI), which is a weighted average of the following five indices: New Orders (30%), Output (25%), Employment (20%), Suppliers’ Delivery Times (15%) and Stocks of Purchases (10%). For the PMI calculation the Suppliers’ Delivery Times Index is inverted so that it moves in a comparable direction to the other indices. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease.

00:30

JPY
Jibun Bank Services PMI Flash
{previous}
{forecast}
{actual}
The au Jibun Bank Japan Services PMI is compiled by S&P Global from responses to questionnaires sent to a panel of around 400 service sector companies. The sectors covered include consumer (excluding retail), transport, information, communication, finance, insurance, real estate and business services. The headline figure is the Services Business Activity Index. This is a diffusion index calculated from a question that asks for changes in the volume of business activity compared with one month previously. The Services Business Activity Index is comparable to the Manufacturing Output Index. The index varies between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease.

01:30

CNY
House Price Index YoY
{previous} -2.2%
{forecast}
{actual}
In China, Housing Index is measured by year-over-year change in the index of newly built residential buildings in 70 medium and large cities. The index is calculated in weighted average method and the weight of each city is based on the population.

02:00

CNY
Fixed Asset Investment (YTD) YoY
{previous} -1.7%
{forecast} -2.3%
{actual}
In China, urban investment in fixed assets is one of the main measures of capital spending. It refers to investment in construction projects with a total planned investment of 5 million yuan; machinery and equipment and real estate development in both urban and rural areas. It refers to investment made by state-owned enterprises and private businesses, institutions or individuals.

02:00

CNY
Retail Sales YoY
{previous} 2.9%
{forecast} 2.9%
{actual}
In China, the year-over-year change in Retail sales compares the aggregated sales of retail goods and services during a certain month to the same month a year ago.

02:00

CNY
Unemployment Rate
{previous} 5.1%
{forecast} 5.1%
{actual}
In China, Urban Surveyed Unemployment Rate is calculated by a sample survey, which refers to the ratio of urban unemployed population to the sum of the employed population and the unemployed population.

02:00

CNY
Industrial Production YoY
{previous} 4.9%
{forecast} 5%
{actual}
In China, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.

04:30

JPY
Tertiary Industry Index MoM
{previous} 0.3%
{forecast} 0.2%
{actual}
The activity index of the tertiary industry helps to understand an overall picture of industrial activities, inclusive of all business categories in the tertiary industry. The composite index is a general indicator in which the indexes to express the activity in respective business categories are consolidated with weight in terms of the scale of relative importance of each business category (value added). Wholesale Trade is the most important sector and accounts for 15 percent of tertiary activity, followed by Medical, Health Care & Welfare and Living & Amusement-related Services (12 percent each), Information & Communications (11 percent), Retail Trade and Transport & Postal Activities (10 percent each), Finance and Insurance (9 percent), Real Estate (8 percent), Business-related Services (7 percent), and Electricity, Gas, Heat Supply & Water and Goods Rental and Leasing (3 percent each).

07:00

TRY
Auto Production YoY
{previous} 8.1%
{forecast}
{actual}
In Turkey, Total Motor Vehicles Production refers to the production of total motor vehicles, excluding tractors.

07:00

CHF
SECO Economic Forecasts
{previous}
{forecast}
{actual}

07:00

CNY
FDI (YTD) YoY
{previous} -10.3%
{forecast}
{actual}
In China, Foreign Direct Investment refers to foreign capital actually utilized, which is to the amount which has been actually used according to the agreements and contracts, including cash, materials and invisible capital such as labor service and technology which both parties agree to take as an investment.

07:30

CHF
Producer & Import Prices YoY
{previous} -1.7%
{forecast}
{actual}
In Switzerland, the Producer Price Index (PPI) is officially named “Producer and Import Price Index”. Producer price index measures the price development of goods that are produced and sold by enterprises operating within the country and the import price index measures the price development of imported goods. Only domestic sales are considered for the producer price index when combining the indices.

07:30

CHF
Producer & Import Prices MoM
{previous} -0.3%
{forecast} 0.1%
{actual}
In Switzerland, the producer price index (which measures the price development of goods that are produced and sold by enterprises operating within the country) and the import price index (which measures the price development of imported goods) are combined into the price index for the whole range of goods. Only domestic sales are considered for the producer price index when combining the indices.

08:00

TRY
Budget Balance
{previous} TRY-223.2B
{forecast}
{actual}
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.

10:00

EUR
Industrial Production YoY
{previous} 1.2%
{forecast}
{actual}
In Euro Area, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.

10:00

EUR
Industrial Production MoM
{previous} 0.2%
{forecast} 0.1%
{actual}
In Euro Area, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.

11:30

BRL
BCB Focus Market Readout
{previous}
{forecast}
{actual}
In Brazil, interest rate decisions are taken by The Central Bank of Brazil's Monetary Policy Committee (COPOM). The official interest rate is the Special System of Clearance and Custody rate (SELIC) which is the overnight lending rate.

12:00

BRL
IBC-BR Economic Activity
{previous} -0.2%
{forecast}
{actual}
In Brazil, the Economic Activity Index (IBC-Br) is considered as a preview of the GDP figures and it is widely used by the Central Bank's Monetary Policy Committee to determine whether to modify basic interest rate. The index reflects the performance of the three main sectors of the economy: agriculture, industry and services and has a base value of 100 as of 2002.

13:15

CAD
Housing Starts
{previous} 232.8K
{forecast} 248K
{actual}
In Canada, a housing start is defined as the beginning of construction work on the building where the dwelling unit will be located. This can be described in 2 ways: usually, the stage when the concrete has been poured for the whole of the footing around the structure; or an equivalent stage where a basement will not be part of the structure.

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