The 13:00 Print Already Happened in Four German States. The 12:30 Print Moves to 13:30 on Monday.
Germany publishes October consumer prices at 13:00 UTC and four of its state statistical offices have already published theirs, every one of the four lower: Bavaria 2.8 per cent year-on-year from 3.2, North Rhine–Westphalia 2.7 from 3.3, Lower Saxony 2.9 from 3.3, Baden-Württemberg 2.6 after a three-tenths fall. So the 13:00 window guards a release whose direction was public eight hours earlier. The fifth state is the one to doubt: Saxony is reported as having "remained at 2.8", which asserts a September reading of 2.8, while a second publisher has September Saxony at 3.40 — and the other four priors cross-check to the tenth, so the suspect field is a word rather than a number. The consensus is also two objects: 3.0 per cent national year-on-year on one vendor against a Reuters poll at 3.1 for the harmonised rate. The second mechanism arrives Sunday. The United States ends daylight time on 1 November, three-sourced, so every American release moves an hour later in UTC while nothing European moves — and the issuer's own label, "Eastern Time", names a zone and not an offset, so the string "08:30 AM" is identical on the October and November pages while the instant is not. Payrolls on 6 November is 13:30 UTC, not 12:30. Our own week-ahead had October CPI on 13 November; the issuer has it on the 10th and the 13th is PPI. Euro-area Q3 GDP printed 0.4 against a 0.2 consensus — a beat that is also a deceleration from 0.6 — with France at minus 0.1 and Ireland at 5.5.