GfK consumer climate. Germany, 08:00 (GMT+2) 25 May

25May.202307:00

GfK consumer climate. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), Germany will publish June data on the consumer climate index from GfK Group. The indicator assesses the degree of confidence in the strength of the economy and is a leading indicator of household spending. The indicator is expected to correct from –25.7 points to –24.0 points. Implementation of the forecast may support the euro.

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25 May. 2023 07:00

Gross domestic product. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), preliminary data on Germany’s Q1 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 the negative dynamics from –0.4% to –0.1% QoQ and will remain at 0.2% YoY.

25 May. 2023 13:30

Gross domestic product. USA, 14:30 (GMT+2)

At 14:30 (GMT+2), Q1 data on the gross domestic product (GDP) of the United States will be released. It is the main indicator reflecting the state of the national economy and considers domestic consumption, investment, government spending, and exports. It is expected that the figure will remain at 1.1% QoQ.

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