Gross domestic product. Germany, 09:00 (GMT+2) 22 Nov

22Nov.202408:00

Gross domestic product. Germany, 09:00 (GMT+2)

At 09:00 (GMT+2), the German Q3 gross domestic product (GDP) will be released. It is the main indicator of the state of the national economy, which considers domestic consumption, investment, government spending, and exports. It may stay at 0.2% QoQ and at –0.2% YoY.

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22 Nov. 2024 08:00

Retail sales. UK, 09:00 (GMT+2)

At 09:00 (GMT+2), in the UK, October data on retail sales is due. The indicator records the volume of all goods retail enterprises 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 gross domestic product (GDP). It may change from 0.3% to –0.3% MoM and 3.9% to 3.4% YoY.

22 Nov. 2024 09:30

Manufacturing and service PMI. Germany, 10:30 (GMT+2)

At 10:30 (GMT+2), Germany will release data on business activity indices in the national manufacturing industry and services for November based on a survey of purchasing and supply managers of leading national enterprises and assessing their attitude to the current economic situation and prospects for its development. The manufacturing PMI may rise from 43.0 points to 43.1 points and the service PMI may grow from 51.6 points to 51.8 points.

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