GfK consumer climate. Germany, 08:00 (GMT+2) 23 Aug

23Aug.202407:00

GfK consumer climate. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), Germany will release its August consumer climate index data from the GfK Group. The indicator assesses confidence in the strength of the economy and is a leading indicator of household spending. It may fall from –13.0 points to –12.0 points, putting pressure on the euro.

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23 Aug. 2024 00:30

National core consumer price index. Japan, 01:30 (GMT+2)

At 01:30 (GMT+2), the national core consumer price index for July will be released, recording the change in the cost of goods and services, excluding food and energy. It is a key way to determine the trend of purchases and inflation in Japan. It may increase from 2.6% to 2.7% YoY.

23 Aug. 2024 13:30

Retail sales. Canada, 14:30 (GMT+2)

At 14:30 (GMT+2), Canada will release data on retail sales for June. The indicator records the volume of all goods retailers sold based on samples of stores of different types and sizes. It is an important indicator of consumer spending, which has a significant impact on the gross domestic product (GDP). It may correct from –0.8% to –0.3% and the core value from –1.3% to –0.4%, putting pressure on the Canadian currency.

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