Construction PMI. UK, 10:30 (GMT+2) 05 May

05May.202309:30

Construction PMI. UK, 10:30 (GMT+2)

At 10:30 (GMT+2) in the UK, April data on the index of business activity in the construction sector will be released. The indicator reflects the state of business sentiment in the construction market and is based on a survey of managers of the largest companies in the country. It is expected that it will grow from 50.7 points to 51.0 points, supporting the pound.

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05 May. 2023 07:30

Consumer price index. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), April data on the consumer price index will be released in Switzerland. It is the main indicator of inflation in the country and reflects the change in retail prices for a certain "basket" of goods and services: food, transport, utilities, and healthcare. The index has a significant impact on the monetary policy decisions of the Swiss National Bank. The indicator is likely to decrease from 2.9% to 2.8% YoY and remains at 0.2% MoM.

05 May. 2023 10:00

Retail sales. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), March data on retail sales in the EU will be published. The indicator monthly captures the aggregate of all goods sold by retailers, based on a sample of outlets of various types and sizes. It is an important consumer spending indicator that has a significant impact on the region’s gross domestic product. It is expected that the indicator will correct from –0.8% to –0.1% MoM and from –3.0% to –3.1% YoY, which may support the euro.

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