Construction PMI. UK, 11:30 (GMT+2) 05 Jan

05Jan.202410:30

Construction PMI. UK, 11:30 (GMT+2)

The UK Construction PMI for December is due at 11:30 (GMT+2). The indicator reflects the state of business sentiment of the construction market and is calculated on the basis of a survey of managers of the largest construction companies. It is expected to adjust from 45.5 points to 46.0 points.

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05 Jan. 2024 08:00

Retail Sales. Germany, 09:00 (GMT+2)

November retail sales data will be published in Germany at 09:00 (GMT+2). Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). It is expected that it will adjust from 1.1% to -0.5% MoM and from -0.1% to -0.5% YoY, which may negatively affect the positions of the euro.

05 Jan. 2024 11:00

Producer Price Index. EU, 12:00 (GMT+2)

November data on the Eurozone producer price index will be published at 12:00 (GMT+2). The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products and final goods are taken into account). Higher producer prices are fueling consumer inflation. The negative dynamics is projected to slow down from -9.4% to -8.7% YoY and a correct from 0.2% to -0.1% MoM, which is likely to act as a driver for the decline in euro.

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