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GfK Consumer Climate. United Kingdom, 02:01 (GMT+2) 24 Mar

24Mar.202301:01

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

At 02:01 (GMT+2) in the UK, March data on the consumer climate index from GfK Group will be published. The indicator assesses the degree of confidence in the strength of the economy and is a leading indicator for household spending. The negative dynamics are expected to slow down from –38.0 points to –36.0 points. Implementation of the forecast may put pressure on the pound.

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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.

Retail sales. UK, 09:00 (GMT+2)
24 Mar. 2023 08:00
Retail sales. UK, 09:00 (GMT+2)

At 09:00 (GMT+2) in the UK, February data on retail sales will be released. The indicator monthly consolidates the volume of all goods sold by retailers. It is based on a sample of UK retail stores of different types and sizes. It is an important indicator of consumer spending and has a significant impact on the gross domestic product (GDP). The indicator is expected to correct from 0.5% to 0.2% MoM and from –5.1% to –4.7% YoY, while the core value will decrease from 0.4 % to 0.1% MoM and from –5.3% to –4.7% YoY. Implementation of the forecast may put pressure on the pound.

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