Retail sales. Switzerland, 08:30 (GMT+2) 31 May

31May.202407:30

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

At 08:30 (GMT+2), April data on retail sales is due in Switzerland. The indicator measures the volume of all goods sold by retailers each month, based on a sample 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 change from −0.1% to 0.2%, supporting the franc.

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31 May. 2024 07:00

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

At 08:00 (GMT+2), April data on retail sales will be published in Germany. The indicator records the monthly quantity of all goods sold by retailers, based on a sample 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 change from 1.8% to −0.2% MoM, putting pressure on the euro.

31 May. 2024 10:00

Consumer price index. EU, 11:00 (GMT+2)

At 11:00 (GMT+2), data EU on the consumer price index is due. It is the main indicator of the level of inflation and determines changes in retail prices for a certain “basket” of goods and services: food, transport, utility costs, healthcare, and so on, and has a significant impact on the decision of the financial regulator in the field of monetary policy. It may stay at 0.6% MoM and increase from 2.4% to 2.5% YoY.

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