KOF leading indicators. Switzerland, 10:00 (GMT+2) 29 Feb

29Feb.202409:00

KOF leading indicators. Switzerland, 10:00 (GMT+2)

At 10:00 (GMT+2), the February index of leading economic indicators from the Swiss Economic Institute (KOF) will be published, which considers 12 indicators related to consumer confidence, production, new orders, and the real estate market and reflects the development outlook for the next six months. A correction is predicted from 101.5 points to 102.0 points, supporting the franc.

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29 Feb. 2024 08:00

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

At 09:00 (GMT+2), January data on retail sales will be published in Germany. The indicator records the monthly quantity of all goods retailers sold based on samples of retail stores of different types and sizes. It is an important indicator of consumer spending and has a significant impact on gross domestic product (GDP). It is expected to adjust from −1.6% to 0.5% MoM, supporting the euro.

29 Feb. 2024 09:00

Gross domestic product. Switzerland, 10:00 (GMT+2)

At 10:00 (GMT+2), the Q4 Swiss gross domestic product (GDP) will be published. It is the main indicator reflecting the state of the national economy. It considers domestic consumption, investment, government spending, and exports. It is expected that the figure will drop from 0.3% to 0.2% QoQ and be adjusted from 0.3% to 0.5% YoY.

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