lundi 30 mars 2015
3 Numbers: German resilience shows, Eurozone CPI, US confidence
Posted on 23:21 by nice news
This year’s first quarter ends with a wide variety of economic releases, starting with the monthly report on retail sales in Germany for February. We’ll also see this month’s flash estimate of consumer price inflation for the Eurozone, followed by the Conference Board’s monthly update of US consumer confidence in March.
Germany: Retail Sales (06:00 GMT) Europe’s growth engine is living up to its nickname lately. As Bloomberg observed yesterday, “German companies and consumers are shrugging off most of what the world throws at them.”
Several sentiment indices tell the tale of a persistently rebounding mood in both the business and consumer sectors. Last week’s update of the Gfk Consumer Climate data found that “German consumers are becoming ever more optimistic”. We also learned last week from the Ifo Business Climate Index that mood among business executives ticked up to its highest level this month since last summer.
Germany: Retail Sales (06:00 GMT) Europe’s growth engine is living up to its nickname lately. As Bloomberg observed yesterday, “German companies and consumers are shrugging off most of what the world throws at them.”
Several sentiment indices tell the tale of a persistently rebounding mood in both the business and consumer sectors. Last week’s update of the Gfk Consumer Climate data found that “German consumers are becoming ever more optimistic”. We also learned last week from the Ifo Business Climate Index that mood among business executives ticked up to its highest level this month since last summer.
3 Numbers: German resilience shows, Eurozone CPI, US confidence
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