GfK consumer climate. United Kingdom, 01:01 (GMT+2) 23 Jun

23Jun.202300:01

GfK consumer climate. United Kingdom, 01:01 (GMT+2)

At 01:01 (GMT+2) in the UK, June 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 –27.0 points to –25.0 points. Implementation of the forecast may put pressure on the pound.

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23 Jun. 2023 00:30

National core consumer price index. Japan, 01:30 (GMT+2)

At 01:30 (GMT+2), May’s national core consumer price index will be published, reflecting changes in the price of goods and services except food and energy. It is a key way to determine the trend of buying and inflation in Japan. The rate is expected to decrease from 3.4% to 3.1% YoY.

23 Jun. 2023 07:00

Retail sales. UK, 08:00 (GMT+2)

At 08:00 (GMT+2) in the UK, May data on retail sales will be published. The indicator monthly consolidates the volume of all goods sold by retailers and is based on samples of UK retail stores of different types and sizes. It is an important consumer spending indicator significantly impacting the gross domestic product (GDP). The indicator is expected to correct from 0.5% to –0.2% MoM and from –3.0% to –2.3% YoY, while the core value will decrease from 0.8% to –0.3% MoM and slow the negative dynamics from –2.6% to –2.1% YoY. Implementation of the forecast may put pressure on the pound.

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