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National core consumer price index. Japan, 01:30 (GMT+2) 24 Mar

24Mar.202300:30

National core consumer price index. Japan, 01:30 (GMT+2)

At 01:30 (GMT+2), February's national core consumer price index will be published, which will record changes in the price of goods and services, excluding food and energy. It is a key way to determine the trend of buying and inflation in Japan. The rate is expected to decrease from 4.2% to 3.1% YoY.

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Consumer confidence. EU, 17:00 (GMT+2)
23 Mar. 2023 16:00
Consumer confidence. EU, 17:00 (GMT+2)

At 17:00 (GMT+2), March data on the consumer confidence index in the euro area will be published. The indicator is based on a survey of 2.3K households that assesses the prospects for the economy. This is a leading indicator for consumer spending and high readings indicate consumer optimism and vice versa. It is expected that in March the indicator will slow down the negative dynamics from the current –19.0 points to –18.3 points. Implementation of the forecast is likely to put pressure on the positions of the European currency.

Manufacturing PMI. Japan, 02:30 (GMT+2)
24 Mar. 2023 01:30
Manufacturing PMI. Japan, 02:30 (GMT+2)

At 02:30 (GMT+2), March data on the index of business activity in the manufacturing sector will be published in Japan. The indicator reflects the state of business activity in the national manufacturing industry and is 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. The value is expected to rise from 47.7 points to 48.2 points.

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