January 13, 2025

Weekly Economic Calendar

Foreign Exchange

January 13 – January 17, 2025 Economic report and policy meeting

On Wednesday, the U.S. Bureau of Labor Statistics releases the consumer price index for December.   Economists forecast a 2.9% year-over-year increase in the CPI, two-tenths of a percentage point more than in November.  The core CPI, which strips out volatile food and energy prices, is expected to rise 3.3%, matching the November figure.  The annual change in the CPI has ranged from 2.4% to 2.9% over the past five months but getting to the Federal Reserve’s target of 2% has proved to be a sticky problem.

On Thursday, the Census Bureau reports retail and food services sales for December.  Consensus estimate is for a 0.6% month-over-month increase, after a 0.7% gain in November.  Excluding autos, retail sales are seen rising 0.5%, three-tenths of a percentage point more than previously.

Date Country Event Period
Mon, Jan 13 Japan BoP Current Account Balance Nov
Tue, Jan 14 Argentina National CPI MoM Dec
Tue, Jan 14 Eurozone ECB's Lane Gives Speech in Hong Kong
Tue, Jan 14 Italy Industrial Production MoM Nov
Tue, Jan 14 South Korea Unemployment rate SA Dec
Tue, Jan 14 United States PPI Final Demand MoM Dec
Wed, Jan 15 Australia Employment Change Dec
Wed, Jan 15 Australia Unemployment Rate Dec
Wed, Jan 15 Eurozone ECB's Guindos Gives Speech in Madrid
Wed, Jan 15 Eurozone ECB's Villeroy speaks in Paris
Wed, Jan 15 Eurozone ECB's Vujcic, Hungary's Matolcsy Speak in Vienna
Wed, Jan 15 France CPI YoY Dec
Wed, Jan 15 Indonesia BI-Rate Wed, Jan 15
Wed, Jan 15 Japan PPI YoY Dec
Wed, Jan 15 South Korea BOK Base Rate Wed, Jan 15
Wed, Jan 15 United Kingdom CPI MoM Dec
Wed, Jan 15 United Kingdom CPI YoY Dec
Wed, Jan 15 United Kingdom CPI Core YoY Dec
Wed, Jan 15 United States MBA Mortgage Applications Wed, Jan 15
Wed, Jan 15 United States Empire Manufacturing Jan
Wed, Jan 15 United States CPI MoM Dec
Wed, Jan 15 United States CPI YoY Dec
Wed, Jan 15 United States Federal Reserve Releases Beige Book
Thu, Jan 16 China GDP YoY 4Q
Thu, Jan 16 China Industrial Production YoY Dec
Thu, Jan 16 China Retail Sales YoY Dec
Thu, Jan 16 Eurozone ECB Releases Account of Dec. 11-12 Meeting
Thu, Jan 16 Eurozone ECB's Panetta speaks in Bologna
Thu, Jan 16 Germany CPI YoY Dec
Thu, Jan 16 Germany CPI MoM Dec
Thu, Jan 16 Germany CPI EU Harmonized YoY Dec
Thu, Jan 16 Italy CPI EU Harmonized YoY Dec
Thu, Jan 16 United Kingdom Industrial Production MoM Nov
Thu, Jan 16 United Kingdom Manufacturing Production MoM Nov
Thu, Jan 16 United States Retail Sales Advance MoM Dec
Thu, Jan 16 United States Initial Jobless Claims
Fri, Jan 17 Eurozone CPI YoY Dec
Fri, Jan 17 Eurozone ECB's Nagel Gives Speech in Frankfurt
Fri, Jan 17 Eurozone CPI MoM Dec
Fri, Jan 17 Eurozone ECB's Escriva, Centeno Speak in Madrid
Fri, Jan 17 United Kingdom Retail Sales Inc Auto Fuel MoM Dec
Fri, Jan 17 United States Housing Starts Dec
Fri, Jan 17 United States Industrial Production MoM Dec
Fri, Jan 17 United States Capacity Utilization Dec

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