Retail sales. Australia, 03:30 (GMT+2) 09 May

At 03:30 (GMT+2) in Australia, Q1 data on retail sales will be released. The indicator captures the volume of all goods sold by retailers, based on a sample of 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). A correction is expected from 0.2% to 0.4% MoM and from –0.2% to –0.5% QoQ.