Retail sales. Japan, 01:50 (GMT+2) 31 May

31May.202400:50

Retail sales. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), April data on retail sales is due in Japan. The indicator monthly records the volume of all goods sold by retail enterprises 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 may rise from 1.2% to 1.8% YoY, supporting the yen.

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31 May. 2024 00:50

Industrial production. Japan, 01:50 (GMT+2)

At 01:50 (GMT+2), Japan will publish April industrial production data, which reflects the amount of manufactured goods and utilities produced in the country, taking into account the manufacturing and mining industries, as well as the electricity sector. A correction is predicted from 4.4% to 1.5%, putting pressure on the yen.

31 May. 2024 02:30

Non-manufacturing and manufacturing PMI. China, 03:30 (GMT+2)

At 03:30 (GMT+2), China will publish May indices of business activity in the manufacturing and non-manufacturing sectors. The indicators reflect the state of business activity and are calculated based on a survey of purchasing and supply managers of leading national enterprises. At the same time, the attitude of purchasing and supply managers to the current economic situation and the prospects for its further development is assessed. The manufacturing PMI may increase from 50.4 points to 50.5 points and the non-manufacturing PMI from 51.2 points to 51.5 points.

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