Retail sales. UK, 08:00 (GMT+2) 24 May

24May.202407:00

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

At 08:00 (GMT+2), April retail sales data is due in the UK. The indicator monthly records the volume of all goods retailers sold. It is calculated based on a sample of UK 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). The figure may adjust from 0.0% to −0.6% MoM.

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24 May. 2024 00:01

GfK consumer confidence. UK, 01:01 (GMT+2)

At 01:01 (GMT+2) in the UK, May data on the consumer confidence index from GfK Group is due. The indicator evaluates the spending of the country’s residents, which is part of economic activity. The negative dynamics are expected to slow down from −19.0 points to −18.0 points, putting pressure on the pound.

24 May. 2024 09:00

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

At 10:00 (GMT+2), data will be presented on Germany’s gross domestic product (GDP) for the first quarter of 2024, the main indicator reflecting the state of the national economy, which considers domestic consumption, investment, government spending, and exports. It is expected that the value will increase from −0.3% to 0.2% QoQ and consolidate at −0.2% YoY, putting pressure on the euro.

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