Gross domestic product. EU, 11:00 (GMT+2) 28 Apr

28Apr.202310:00

Gross domestic product. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), preliminary data on Q1 EU the gross domestic product (GDP) will be released. It is the main indicator reflecting the state of the national economy, which considers domestic consumption, investment, government spending, and exports. The indicator is expected to accelerate growth from 0.0% to 0.2% QoQ and slow down from 1.8% to 1.4% YoY.

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28 Apr. 2023 09:00

Gross domestic product. Germany, 10:00 (GMT+2)

At 10:00 (GMT+2), preliminary data on the Q1 German gross domestic product (GDP) will be released. It is the main indicator reflecting the state of the national economy, which considers domestic consumption, investment, government spending, and exports. It is expected that the indicator will slow down growth from 0.9% to 0.3% QoQ and accelerate from 0.3% to 0.8% YoY.

28 Apr. 2023 13:00

Consumer price index. Germany, 14:00 (GMT+2)

At 14:00 (GMT+2), preliminary German data on the consumer price index for April will be released. It is the main indicator of inflation in the country, which reflects the change in retail prices for a certain “basket” of goods and services: food, transport, utilities, healthcare, and so on, and has a significant impact on monetary policy decisions. It is expected that the indicator will decrease from 0.8% to 0.6% MoM and from 7.4% to 7.3% YoY, which may support the euro.

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