27 December 2025
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The final stretch of 2025 and the opening weeks of 2026 bring a lighter but still important flow of economic data, with inflation, jobs and central bank signals shaping expectations for the year ahead. Markets will be watching how cooling inflation, softer labour conditions and post‑holiday spending trends feed into rate outlooks globally.
RBA Board meeting minutes (December)
The RBA held rates steady and warned inflation risks remain elevated.
US economic growth (GDP, September quarter)
Annualised growth of 3.2% is expected.
US durable goods orders (October)
Orders could dip 1.5%, reflecting softer investment demand.
US industrial production (November)
Output may edge up 0.1%.
US Conference Board consumer confidence (December)
Confidence is tipped to rise to 91.7 from 88.7.
US Richmond Fed manufacturing index (December)
Expected to lift to +4 from -15.
US pending home sales (November)
Sales rose 1.9% in October, pointing to stabilising housing demand.
US home prices (October)
Data from FHFA and S&P CoreLogic Case‑Shiller will update housing momentum.
US Federal Reserve (FOMC) meeting minutes
The Fed cut rates by 25 basis points — markets will assess the policy path into 2026.
China purchasing managers’ indexes (PMIs, December)
A mild expansion in activity is expected.
Cotality Home Value Index (December)
Home values remain at record highs.
US construction spending (November)
Spending continues to drag on near‑term growth.
Building approvals (November)
Approvals could lift 2.0%, hinting at a housing recovery.
Monthly consumer price index (CPI, November)
Annual headline CPI could ease to 3.6%.
US ISM services PMI (December)
At its strongest level in nine months.
US ADP employment change (December)
Private payrolls increased by 32,000 in November.
US JOLTS job openings (November)
Openings tipped to dip to 7.60 million from 7.67 million.
International goods trade (November)
A trade surplus of $4.6 billion is expected.
US Challenger job cuts (December)
Job cuts are up 24% on a year ago.
US nonfarm payroll jobs (December)
The unemployment rate is at a four‑year high.
Monthly household spending indicator (November)
Updated estimates of household spending trends.
ANZ‑Indeed job advertisements (December)
Job ads have fallen for five straight months.
Westpac consumer confidence (January)
Sentiment remains weighed down by inflation and interest rate worries.
US consumer price index (CPI, December)
Annual core CPI is at a four‑year low.
US NFIB small business optimism index (December)
Brighter outlook for sales and activity.
Job vacancies (November)
Private sector job ads are down 3.9% year‑on‑year.
China international trade (December)
A trade surplus of US$105 billion is expected.
US producer price index (PPI, November)
Core PPI could lift 2.7% year‑on‑year.
US import & export prices (November)
Focus on import price pressures.
US retail sales (December)
Sales were flat in October — a key post‑holiday read.
US Empire State manufacturing index (January)
Factory activity contracted in December.
US Philadelphia Fed manufacturing index (January)
A closely watched regional survey.
US NAHB housing market index (January)
Builder sentiment is at an eight‑month high.
Check back early in the New Year for the first full investor calendar of 2026 — only on Switzer.
