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

23May.202507:00

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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23 May. 2025 07:00

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.

23 May. 2025 13:30

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

At 14:30 (GMT+2), Canada will release March retail sales data, which reflects the volume of all goods retailers sold based on a sample of retail store types and sizes. It is a key indicator of consumer spending and has a significant impact on gross domestic product (GDP). It may fall from –0.4% to 0.3% MoM and from 0.5% to 0.2% on a baseline basis.

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