Retail Sales. Switzerland, 09:30 (GMT+2) 08 Jan

08Jan.202508:30

Retail Sales. Switzerland, 09:30 (GMT+2)

At 09:30 (GMT+2), November data on retail sales will be presented in Switzerland. Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). A correction from 1.4% to 2.6% is predicted, which could support the Swiss currency exchange rate.

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08 Jan. 2025 08:00

Retail Sales. Germany, 09:00 (GMT+2)

German Retail Sales data for November is due at 09:00 (GMT+2). Retail Sales indicator measures the change in the total value of inflation-adjusted sales at the retail level, excluding automobiles and gas stations. It is the primary indicator of consumer spending, which influences the Gross Domestic Product (GDP). On a monthly basis, it is likely to rise from –1.5% to 0.5%, which could have a positive impact on the euro's positions.

08 Jan. 2025 11:00

Producer Price Index. EU, 12:00 (GMT+2)

November data on the euro area's Producer Price Index are due at 12:00 (GMT+2). The indicator reflects the change in the price of goods at the wholesale level (raw materials, semi-finished products and final goods are taken into account). Higher producer prices are fueling consumer inflation. On a monthly basis, the figure is likely to be adjusted from 0.4% to 1.5%.

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