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Labour Cost Index YoY fell to 3.3 in October 2025, down 0.1 from September's 3.4 reading. The print exceeded the 3.0 consensus by 0.3. The print is running well below the 12-month average of 4.03. Labour Cost Index YoY is now the lowest in 9 months.
The March 2026 reading fell from the previous value of 3.4. Historically, this indicator is positively correlated with BTC/USD (Bullish BTC) and negatively correlated with EUR/JPY (Bearish EUR).
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| Tuesday, May 12, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 09:00 | ZEW Economic Sentiment Index | -9.1 | -20.4 | -20 | -14.55 | Medium | |
| Wednesday, May 13, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 09:00 | GDP Growth Rate QoQ | 0.2 | 0.3 | 0.30 | Low | ||
| 09:00 | Employment Change QoQ | 0.2 | 0.1 | 0.10 | Medium | ||
| 09:00 | Industrial Production MoM | 0.4 | 0.2 | 0.20 | Medium | ||
| 09:00 | GDP Growth Rate YoY | 1.2 | 1.2 | 1.20 | Low | ||
| 09:00 | Employment Change YoY | 0.7 | 0.6 | 0.60 | Medium | ||
| 09:00 | Industrial Production YoY | -0.6 | -1.8 | -1.80 | Low | ||