OUTPUT GAP
An economic measure of the difference between the actual output of an economy and the output it could achieve when it is most efficient, or at full capacity. There are two types of output gaps: positive and negative. A positive output gap occurs when actual output is more than the full-capacity output. Negative output gap occurs when actual output is less than full-capacity output.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 13:00 | CBI retail sales volume balance | Nov | |
| 17:00 | New Home Sales | Oct | |
| 02:01 | BRC Shop Price Index | Nov | |
| 02:30 | Retail Sales | Oct | |
| 03:18 | BOE Deputy Governor for Markets & Banking Sir David Ramsden Speaks | ||
| 07:00 | BOJ Core CPI | Oct | |
| 09:00 | GfK Consumer Climate | Dec | |
| 11:00 | M3 Money Supply | Oct | |
| 11:00 | Private Sector Credit | Oct |
