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All times in GMT
UPCOMING ECONOMIC INDICATORS

-----------------------------------------
GMT MEDIAN
DATE GMT/LOCAL INDICATOR PERIOD F/CAST PRIOR
13JAN 0700/0800 Wholesale price index y/y Dec -0.8%
13JAN 0700/0800 Wholesale price index m/m Dec -3.3%
14JAN 0800/0900 GDP 2008 12m 1.4% 2.5%
15JAN 0700/0800 CPI final y/y Dec 1.1% 1.4%
15JAN 0700/0800 CPI final m/m Dec 0.3% -0.5%
15JAN 0700/0800 HICP final y/y Dec 1.1% 1.4%
15JAN 0700/0800 HICP final m/m Dec 0.4% -0.6%
20JAN 1000/1100 ZEW Economic Sentiment (indicator) Jan -45.2
20JAN 1000/1100 ZEW-Current conditions (indicator) Jan -64.5
21JAN 0700/0800 Producer price index y/y Dec 5.3%
21JAN 0700/0800 Producer price index m/m Dec -1.5%
23JAN 0830/0830 Markit/BME MFG Flash PMI Jan 32.7
23JAN 0830/0830 Markit Services Flash PMI Jan 46.6
23JAN 0830/0830 Markit Composite Flash PMI Jan 39.5
26-28JAN CPI m/m preliminary Jan
26-28JAN CPI y/y preliminary Jan
26-28JAN HICP prelim y/y Jan
26-28JAN HICP prelim m/m (harmonised index of Jan

consumer prices)
27-30JAN 0700/0800 Import Prices y/y Dec -1.3%
27-30JAN 0700/0800 Import Prices m/m Dec -3.4%
27JAN 0900/1000 Ifo - Current conditions (indicator) Jan 88.8
27JAN 0900/1000 Ifo Business Sentiment (indicator) Jan 82.6
27JAN 0900/1000 Ifo - Expectations (indicator) Jan 76.8
28JAN 0700/0800 GfK consumer sentiment survey Feb 2.1

(indicator)
29JAN-04FEB 0700/0800 Retail Sales (real) m/m Dec 0.7%
29JAN-04FEB 0700/0800 Retail Sales (real) y/y Dec -3.0%
29JAN 0900/1000 Unemployment rate SA (official data) Jan 7.6%
29JAN 0900/1000 Unemployment change SA (official Jan 18.0k

data)
29JAN 0900/1000 Unemployment total SA Jan 3.181m
29JAN 0900/1000 Unemployment total NSA Jan 3.102m
02FEB 0855/0955 Markit/BME Manufact'g PMI Jan 32.7
04FEB 0855/0955 Markit Services PMI (index) Jan 46.6
05FEB 1100/1200 Industrial Orders m/m Dec -6.0%
06FEB 1100/1200 Industrial Production m/m Dec
09FEB 0700/0800 Trade balance monthly balance SA Dec 10.7b

(euros)
09FEB 0700/0800 Imports m/m SA Dec -5.6%
09FEB 0700/0800 Exports m/m SA Dec -10.6%

---------------------------------------------------------------

GENERAL / ECONOMIC EVENTS

WEDNESDAY, JANUARY 14
BERLIN- British Prime Minister Gordon Brown will hold talks on
the economy with Chancellor Angela Merkel.-

BERLIN- Chancellor Angela Merkel to give a governmental
statement in the lower house of parliament (Bundestag) on the
econmoic stimulus packacke (1000 GMT)-

GOVERNMENT DEBT SUPPLY

Date GMT City Event
----------------------------------------------------------------
14/01 FRANKFURT Germany to reopen 2 year Schatz (7

billion Euros) of 2.25 percent,

December 2010

GENERAL / ECONOMIC EVENTS

THURSDAY, JANUARY 15
FRANKFURT- ECB Governing Council meeting, followed by interest
rate announcement 1245 GMT. News conference follows at 1330
GMT.-

FRANKFURT- Member of ECB Executiv Board Juergen Stark takes part
in a panel of the journalists' association The Group 20+1 on
finance politics (1530 GMT)-

FRIDAY, JANUARY 16
BERLIN- Chancellor Angela Merkel meets Jordanian King Abdullah
II bin Hussein (1130 GMT), news conference (1245 GMT) and
Russian Prime Minister Vladimir Putin (1530 GMT)-

SUNDAY, JANUARY 18
WIESBADEN, Hesse,Germany- State Elections in Hesse.-

GOVERNMENT DEBT SUPPLY

Date GMT City Event
----------------------------------------------------------------
19/01 FRANKFURT Germany to auction new 9 months Bubill

(5 billion Euros), October 28, 2009

GENERAL / ECONOMIC EVENTS

THURSDAY, JANUARY 22
FRANKFURT- ECB publishes its monthly Bulletin (0900 GMT)-

GOVERNMENT DEBT SUPPLY

Date GMT City Event
----------------------------------------------------------------
26/01 FRANKFURT Germany to auction new 12 months Bubill

(5 billion Euros), January 27, 2010

GENERAL / ECONOMIC EVENTS

WEDNESDAY, JANUARY 28
DAVOS, Switzerland- World Economic Forum Annual Meeting (to Feb.
1). Russian Prime Minister Vladimir Putin will address the
opening of the meeting.-

THURSDAY, JANUARY 29
DAVOS, Switzerland- Second day of World Economic Forum Annual
Meeting (to Feb. 1).-

FRIDAY, JANUARY 30
DAVOS, Switzerland- Third day of World Economic Forum Annual
Meeting (to Feb. 1).-

SATURDAY, JANUARY 31
DAVOS, Switzerland- Fourth day of World Economic Forum Annual
Meeting (to Feb. 1).-

SUNDAY, FEBRUARY 1
DAVOS, Switzerland- Final day of World Economic Forum Annual
Meeting.-

FEBRUARY 2009
MUNICH- 45th Munich Conference on Security Policy.-

TUESDAY, FEBRUARY 3
COLOGNE, Germany- 6th Annual Global Petrochemicals Conference
(to Feb. 5).-

WEDNESDAY, FEBRUARY 4
NUREMBERG- Chancellor Angela Merkel gives a speech at the
opening ceremony of the International Toy Fair (1730 GMT)-

THURSDAY, FEBRUARY 5
FRANKFURT- ECB Governing Council meeting, followed by interest
rate announcement at 1245 GMT. News conference follows at 1330
GMT.-

MUNICH- Munich Young Leaders Round Table on Security Policy (to
Feb. 8).

BERLIN- 59th Berlin International Film Festival (to Feb. 15).-

GOVERNMENT DEBT SUPPLY

Date GMT City Event
----------------------------------------------------------------09/02

FRANKFURT Germany to auction new 9 months Bubill

(5 billion Euros), November 25, 2009

GENERAL / ECONOMIC EVENTS

TUESDAY, FEBRUARY 10
BERLIN- 12th European Police Congress (to Feb. 11). Link:
www.euro-police.com/-

--Berlin Newsroom +49 30 2888-5000