Gross domestic product. UK, 08:00 (GMT+2) 13 Sep

13Sep.202307:00

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

At 08:00 (GMT+2), July data on the UK’s gross domestic product (GDP) will be published – the main indicator reflecting the state of the national economy, taking into account domestic consumption, investment, government spending, and exports. It is expected that the figure will adjust from 0.5% to –0.2% MoM and from 0.9% to 0.4% YoY.

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13 Sep. 2023 07:00

Trade balance. UK, 08:00 (GMT+2)

At 08:00 (GMT+2), July trade balance data will be published in the UK. This indicator reflects the difference between the amount of payments for exported and imported goods. The negative trend is expected to increase from the current value of –15.46B pounds to –15.90B pounds. The implementation of the forecast may put pressure on the pound.

13 Sep. 2023 10:00

Industrial production. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), July data on industrial production in the EU countries will be published. They record changes in the volume of production of industrial goods and utilities in the country. The calculation considers the manufacturing and mining industries, as well as the electric power industry. It is expected that the indicator will adjust from –1.2% to –0.4% YoY and from 0.5% to –0.7% YoY, which may hurt the euro.

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