Economic Calendar and indicators of the European Union

Overview

Indicator Last Reference Previous Frequency
GDP q/q 0.2% 3 Q 2025 0.1% Quarterly
Unemployment Rate 6.4% Oct 2025 6.4% Monthly
Core CPI y/y 2.4% Nov 2025 2.4% Monthly
ECB Interest Rate Decision 2.15% 2.15%
Trade Balance n.s.a. €​18.4 B Oct 2025 €​18.4 B Monthly

Economic Calendar

Time,
Currency
Event
Actual
Forecast
Previous
2025.12.15 10:00, EUR, Industrial Production m/m, Actual: 0.8%, Forecast: 0.1%, Previous: 0.2%
2025.12.15 10:00, EUR, Industrial Production y/y, Actual: 2.0%, Forecast: 0.9%, Previous: 1.2%
2025.12.15 11:00, EUR, Official Reserve Assets, Actual: €​1754.630 B, Previous: €​1709.780 B
2025.12.16 09:00, EUR, S&P Global Manufacturing PMI, Forecast: 49.8, Previous: 49.6
2025.12.16 09:00, EUR, S&P Global Services PMI, Forecast: 53.3, Previous: 53.6
2025.12.16 09:00, EUR, S&P Global Composite PMI, Forecast: 52.5, Previous: 52.8
2025.12.16 10:00, EUR, Trade Balance, Actual: €​14.0 B, Forecast: €​13.2 B, Previous: €​18.0 B
2025.12.16 10:00, EUR, Trade Balance n.s.a., Actual: €​18.4 B, Forecast: €​8.4 B, Previous: €​18.4 B
2025.12.16 10:05, EUR, ZEW Economic Sentiment Indicator, Actual: 33.7
2025.12.17 10:00, EUR, Labour Cost Index, Forecast: 3.3%, Previous: 3.6%
2025.12.17 10:00, EUR, Core CPI m/m, Forecast: -0.5%, Previous: -0.5%
2025.12.17 10:00, EUR, CPI m/m, Forecast: -0.3%, Previous: -0.3%
2025.12.17 10:00, EUR, Core CPI y/y, Forecast: 2.4%, Previous: 2.4%
2025.12.17 10:00, EUR, CPI y/y, Forecast: 2.2%, Previous: 2.2%
2025.12.17 10:00, EUR, CPI excl. Tobacco m/m, Forecast: -0.1%, Previous: 0.2%
2025.12.17 10:00, EUR, CPI excl. Tobacco y/y, Forecast: 2.0%, Previous: 2.1%
2025.12.17 10:00, EUR, Wage Costs y/y, Forecast: 4.6%, Previous: 3.7%
2025.12.17 10:00, EUR, CPI excl. Energy and Unprocessed Food m/m, Forecast: -0.4%, Previous: -0.4%
2025.12.17 10:00, EUR, CPI excl. Energy and Unprocessed Food y/y, Forecast: 2.4%, Previous: 2.4%
2025.12.17 10:00, EUR, CPI, Previous: 129.35
2025.12.17 10:00, EUR, Core CPI, Previous: 122.67
2025.12.18 10:00, EUR, Construction Output m/m, Forecast: 0.5%, Previous: -0.5%
2025.12.18 10:00, EUR, Construction Output y/y, Forecast: -2.3%, Previous: -0.3%
2025.12.18 13:15, EUR, ECB Deposit Facility Rate Decision, Previous: 2.00%
2025.12.18 13:15, EUR, ECB Interest Rate Decision, Previous: 2.15%
2025.12.18 13:15, EUR, ECB Marginal Lending Facility Rate Decision, Previous: 2.40%
2025.12.18 13:15, EUR, ECB Monetary Policy Statement
2025.12.18 15:15, EUR, ECB President Lagarde Speech
2025.12.19 09:00, EUR, Current Account
2025.12.19 09:00, EUR, Current Account n.s.a.
2025.12.19 15:00, EUR, Consumer Confidence Index, Forecast: -14.4, Previous: -14.2

Economic indicators

Market Last Reference Previous Frequency
CFTC EUR Non-Commercial Net Positions N/D 9 Dec 2025 Weekly
GDP Last Reference Previous Frequency
GDP q/q 0.2% 3 Q 2025 0.1% Quarterly
GDP y/y 1.4% 3 Q 2025 1.5% Quarterly
Labor Last Reference Previous Frequency
Employment Change q/q 0.1% 3 Q 2025 0.1% Quarterly
Employment Change y/y 0.5% 3 Q 2025 0.6% Quarterly
Employment Level 172.049 M 3 Q 2025 171.840 M Quarterly
Labour Cost Index 3.6% 2 Q 2025 3.4% Quarterly
Unemployment Rate 6.4% Oct 2025 6.4% Monthly
Wage Costs y/y 3.7% 2 Q 2025 3.4% Quarterly
Prices Last Reference Previous Frequency
CPI 129.35 Nov 2025 129.70 Monthly
CPI excl. Energy and Unprocessed Food m/m -0.4% Nov 2025 0.2% Monthly
CPI excl. Energy and Unprocessed Food y/y 2.4% Nov 2025 2.4% Monthly
CPI excl. Tobacco m/m 0.2% Oct 2025 0.1% Monthly
CPI excl. Tobacco y/y 2.1% Oct 2025 2.2% Monthly
CPI m/m -0.3% Nov 2025 0.2% Monthly
CPI y/y 2.2% Nov 2025 2.1% Monthly
Core CPI 122.67 Nov 2025 123.33 Monthly
Core CPI m/m -0.5% Nov 2025 0.3% Monthly
Core CPI y/y 2.4% Nov 2025 2.4% Monthly
PPI m/m 0.1% Oct 2025 -0.1% Monthly
PPI y/y -0.5% Oct 2025 -0.2% Monthly
Money Last Reference Previous Frequency
ECB Deposit Facility Rate Decision 2.00% 2.00%
ECB Households Loans y/y N/D Oct 2025 2.6% Monthly
ECB Interest Rate Decision 2.15% 2.15%
ECB M3 Money Supply y/y N/D Oct 2025 2.8% Monthly
ECB Marginal Lending Facility Rate Decision 2.40% 2.40%
ECB Non-Financial Corporations Loans y/y N/D Oct 2025 2.9% Monthly
ECB Private Sector Loans y/y N/D Oct 2025 2.8% Monthly
ECB Targeted LTRO €​51.970 B €​97.570 B
Official Reserve Assets €​1754.630 B Nov 2025 €​1709.780 B Monthly
Trade Last Reference Previous Frequency
Current Account N/D Sep 2025 €​11.9 B Monthly
Current Account n.s.a. N/D Sep 2025 €​13.0 B Monthly
Trade Balance €​14.0 B Oct 2025 €​18.0 B Monthly
Trade Balance n.s.a. €​18.4 B Oct 2025 €​18.4 B Monthly
Business Last Reference Previous Frequency
Business Climate Indicator -0.66 Nov 2025 -0.47 Monthly
Construction Output m/m -0.5% Sep 2025 -0.2% Monthly
Construction Output y/y -0.3% Sep 2025 1.0% Monthly
Economic Sentiment Indicator 97.0 Nov 2025 96.8 Monthly
Industrial Confidence Indicator -9.3 Nov 2025 -8.5 Monthly
Industrial Production m/m 0.8% Oct 2025 0.2% Monthly
Industrial Production y/y 2.0% Oct 2025 1.2% Monthly
Industry Selling Price Expectations 9.9 Nov 2025 7.8 Monthly
S&P Global Composite PMI N/D Dec 2025 52.8 Monthly
S&P Global Construction PMI 45.4 Nov 2025 44.0 Monthly
S&P Global Manufacturing PMI N/D Dec 2025 49.6 Monthly
S&P Global Services PMI N/D Dec 2025 53.6 Monthly
Sentix Investor Confidence -6.2 Dec 2025 -7.4 Monthly
Services Sentiment Indicator 5.7 Nov 2025 4.2 Monthly
ZEW Economic Sentiment Indicator 33.7 Dec 2025 Monthly
Consumer Last Reference Previous Frequency
Consumer Confidence Index -14.2 Nov 2025 -14.2 Monthly
Consumer Price Expectations 23.1 Nov 2025 21.9 Monthly
Retail Sales m/m 0.0% Oct 2025 0.1% Monthly
Retail Sales y/y 1.5% Oct 2025 1.2% Monthly