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GfK Consumer Climate. United Kingdom, 02:01 (GMT+2) 16 Dec

16Dec.202201:01

GfK Consumer Climate. United Kingdom, 02:01 (GMT+2)

At 02:01 (GMT+2) in the UK, December data on the consumer climate index from GfK Group will be published. The indicator assesses the degree of confidence in the economy's strength and is a leading indicator for household spending. The negative dynamics are expected to slow down from –44.0 points to –43.0 points. Implementation of the forecast may put pressure on the pound.

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Manufacturing PMI. Japan, 02:30 (GMT+2)
16 Dec. 2022 01:30
Manufacturing PMI. Japan, 02:30 (GMT+2)

At 02:30 (GMT+2) in Japan, December data on the index of business activity in the manufacturing sector will be published. The indicator reflects the state of business activity in the national manufacturing industry and is calculated based on a survey of purchasing and supply managers of leading national enterprises in all industries. At the same time, the attitude of purchasing and supply managers to the current economic situation and the prospects for its further development is assessed. It is expected that the value will remain at 49.0 points.

Retail sales. UK, 09:00 (GMT+2)
16 Dec. 2022 08:00
Retail sales. UK, 09:00 (GMT+2)

At 09:00 (GMT+2), November retail sales data will be released in the UK. The indicator monthly consolidates the volume of all goods sold by retailers. It is calculated based on a sample of UK retail stores of different types and sizes. It is an important indicator of consumer spending and significantly impacts the gross domestic product. The indicator is expected to correct from 0.6% to 0.3% MoM and from –6.1% to –5.6% YoY, while the core value will remain at 0.3% MoM and slow the negative dynamics from –6.7% to –5.8% YoY. Implementation of the forecast may put pressure on the pound.

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