Economic calendar: a day of inflation reports, with the US PCE report at the forefront📄

8:08 AM 31 January 2025

Today, inflation will once again be the central focus for investors. The most important report of the day will be the U.S. PCE report, scheduled for release at 01:30 PM GMT. Prior to that, investors will also receive inflation reports from Germany, Italy, France, and Hungary.

Detailed schedule for the day:

07:45 AM GMT, France - Inflation Data for January:

  • French CPI: forecast 1.5% YoY; previous 1.3% YoY;
  • French CPI: forecast 0.0% MoM; previous 0.2% MoM;
  • French HICP: forecast 0.0% MoM; previous 0.2% MoM;
  • French HICP: forecast 1.9% YoY; previous 1.8% YoY;
  • PPI: previous -5.20% YoY;
  • French PPI: previous 3.2% MoM;

08:55 AM GMT, Germany - Employment Data for January:

  • German Unemployment: previous 2.869M;
  • German Unemployment Rate: forecast 6.2%; previous 6.1%;
  • German Unemployment Change: forecast 14K; previous 10K;

01:00 PM GMT, Germany - Inflation Data for January:

  • German CPI: forecast 2.6% YoY; previous 2.6% YoY;
  • German CPI: forecast 0.1% MoM; previous 0.5% MoM;
  • German HICP: forecast -0.2% MoM; previous 0.7% MoM;
  • German HICP: forecast 2.8% YoY; previous 2.8% YoY;

01:30 PM GMT, United States - Inflation Data for December:

  • PCE price index: forecast 0.3% MoM; previous 0.1% MoM;
  • PCE Price index: forecast 2.6% YoY; previous 2.4% YoY;
  • Core PCE Price Index: forecast 2.8% YoY; previous 2.8% YoY;
  • Core PCE Price Index: forecast 0.2% MoM; previous 0.1% MoM;
  • Real Personal Consumption: previous 0.3% MoM;
  • Personal Spending: forecast 0.5% MoM; previous 0.4% MoM;
  • Personal Income: forecast 0.4% MoM; previous 0.3% MoM;

01:30 PM GMT, United States - FOMC Member Bowman Speaks

02:45 PM GMT, United States - PMI Data for January:

  • Chicago PMI: forecast 40.3; previous 36.9;
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