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Retail sales. UK, 08:00 (GMT+2) 23 May

23May.202507:00

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

At 08:00 (GMT+2), the UK will release data on retail sales for April. 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 gross domestic product (GDP). It may grow from 0.4% MoM and from 2.6% YoY, supporting the pound.

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GfK consumer confidence. UK, 01:01 (GMT+2)
23 May. 2025 00:01
GfK consumer confidence. UK, 01:01 (GMT+2)

At 01:01 (GMT+2), the UK will release its May consumer confidence data from GfK Group. The indicator measures the spending of residents of the country, which is part of economic activity. It may adjust from –23.0 points to –22.0 points, putting pressure on the pound.

Gross domestic product. Germany, 08:00 (GMT+2)
23 May. 2025 07:00
Gross domestic product. Germany, 08:00 (GMT+2)

At 08:00 (GMT+2), data on Germany’s Q1 gross domestic product (GDP) is due. It is the main indicator reflecting the state of the national economy, which considers domestic consumption, investment, government spending and exports. It may fall from –0.2% QoQ and YoY, putting pressure on the euro.

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