Retail sales. Switzerland, 08:30 (GMT+2) 02 May

02May.202407:30

Retail sales. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), Swiss March data on retail sales is due. The indicator measures the volume of all goods retailers sold each month based on samples of different types and sizes of retail stores. It is an important indicator of consumer spending and has a significant impact on gross domestic product (GDP). It may adjust from −0.2% to 0.2%, supporting the franc.

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02 May. 2024 06:00

Household confidence. Japan, 07:00 (GMT+2)

At 07:00 (GMT+2), the April household confidence index is due in Japan. The indicator is based on a survey of about 5.0K respondents and predicts consumer spending that is part of economic activity in the reporting month. The index may rise from 39.5 points to 39.7 points in April, supporting the yen.

02 May. 2024 07:30

Consumer price index. Switzerland, 08:30 (GMT+2)

At 08:30 (GMT+2), April data on the consumer price index will be presented in Switzerland. It is the main indicator of inflation in the country and reflects changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, and healthcare. The index has a significant influence on the decisions of the Swiss National Bank on monetary policy. It may adjust from 1.0% to 1.3% YoY and from 0.0% to 0.1% MoM.

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