Market Analysis

Economic Diary:
Week Commencing 27/05/24


Monday 27 May

Indicator Previous Expected Actual
IFO Business Climate Expectations IFO Business Climate Expectations Chart 89.9 90.9 90.4

Tuesday 28 May

Indicator Previous Expected Actual
Retail Sales Retail Sales Chart -0.4% 0.2% 0.1%
Industrial PPI Year on Year Industrial PPI Year on Year Chart -0.5% 1.4%
Industrial PPI Month on Month Industrial PPI Month on Month Chart 0.8% 1.5%
Consumer Confidence Consumer Confidence Chart 97.0 95.9 102.0

Wednesday 29 May

Indicator Previous Expected Actual
Consumer Confidence Consumer Confidence Chart 38.3 36.2
GFK Consumer Confidence GFK Consumer Confidence Chart -24.2 -22.5 -20.9
Consumer Confidence Consumer Confidence Chart 90 91 90
Consumer Confidence   95.2 96.0 96.4
ZEW Investor Sentiment   17.6 18.2
CPI Final Month on Month   0.5% 0.2% 0.1%

Thursday 30 May

Indicator Previous Expected Actual
Unemployment Rate   7.2% 7.2% 6.9%
Industrial Sentiment Industrial Sentiment Chart -10.5 -9.4 -9.9
Unemployment Rate Unemployment Rate Chart 6.5% 6.5% 6.4%
Business Climate Business Climate Chart -0.53 -0.39
Consumer Confidence Consumer Confidence Chart -14.3 -14.3 -14.3
PPI Month on Month PPI Month on Month Chart -0.2% -0.9%
Economic Sentiment Economic Sentiment Chart 95.6 96.2 96.0
PPI Year on Year PPI Year on Year Chart -9.6% -5.9%
Services Sentiment Services Sentiment Chart 6.0 6.5 6.5
Weekly Jobless Claims Weekly Jobless Claims Chart 215k 218k 219k
Pending Home Sales Month on Month Pending Home Sales Month on Month Chart 3.4% -0.6% -7.7%
EIA Weekly Crude Oil Stocks   1.825Mln -1.950Mln -4.156Mln

Friday 31 May

Indicator Previous Expected Actual
Unemployment Rate Unemployment Rate Chart 2.6% 2.6% 2.6%
Industrial Production Prelim   4.4% 0.9% -0.1%
Retail Sales Year on Year Retail Sales Year on Year Chart 1.2% 1.9% 2.4%
PMI Manufacturing (China) PMI Manufacturing (China) Chart 50.4 50.4 49.5
PMI Manufacturing (China) PMI Manufacturing (China) Chart 50.4 50.4 49.5
Retail Sales Year on Year Retail Sales Year on Year Chart 0.3% -0.6%
Retail Sales Month on Month Retail Sales Month on Month Chart 1.8% -0.1% -1.2%
House Price Index Month on Month (Nationwide) House Price Index Month on Month (Nationwide) Chart -0.4% 0.1% 0.4%
House Price Index Year on Year (Nationwide) House Price Index Year on Year (Nationwide) Chart 0.6% 0.8% 1.3%
GDP Detailed Quarter on Quarter   0.2% 0.2% 0.2%
PPI Month on Month PPI Month on Month Chart -0.2% -3.6%
GDP Detailed Quarter on Quarter   0.2% 0.2% 0.2%
GDP Final Year on Year   0.6% 0.6% 0.7%
GDP Final Year on Year   0.6% 0.6% 0.7%
GDP Final Quarter on Quarter GDP Final Quarter on Quarter Chart 0.3% 0.3% 0.3%
GDP Final Quarter on Quarter GDP Final Quarter on Quarter Chart 0.3% 0.3% 0.3%
Money Supply M4   0.7% 0.1%
Money Supply M4   0.7% 0.1%
PCE Core Price Index Year on Year PCE Core Price Index Year on Year Chart 2.8% 2.8% 2.8%
GDP Quarter on Quarter GDP Quarter on Quarter Chart 0.2% 0.4%
Personal Income Month on Month Personal Income Month on Month Chart 0.5% 0.3% 0.3%
PCE Core Price Index Month on Month PCE Core Price Index Month on Month Chart 0.3% 0.3% 0.2%
GDP Quarter on Quarter GDP Quarter on Quarter Chart 0.2% 0.4%
GDP Month on Month GDP Month on Month Chart 0.2% 0.0% 0.0%
GDP Quarter on Quarter Annualised GDP Quarter on Quarter Annualised Chart 1.0% 2.2% 1.7%
PCE Price Index Month on Month PCE Price Index Month on Month Chart 0.3% 0.3% 0.3%
Personal Spending Real Month on Month Personal Spending Real Month on Month Chart 0.5% -0.1%
PCE Price Index Year on Year PCE Price Index Year on Year Chart 2.7% 2.7% 2.7%
GDP Quarter on Quarter Annualised GDP Quarter on Quarter Annualised Chart 1.0% 2.2% 1.7%
Dallas Fed PCE Dallas Fed PCE Chart 2.9% 2.7%

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