The beginning of the week will be marked by the publication of retail sales in Germany for the month of May.
On Tuesday 30th, we will learn about numerous economic references such as the preliminary reading of the GDP of the Eurozone, Germany, France, Spain, and Italy for the 2Q of 2024. In turn, the publication of the first reading of the CPI for Spain and Germany for the month of July will take place. At the same time, the final reading of the consumer confidence index in the Eurozone for July, prepared by the European Commission, will also be key to assess the private sector’s perception of the evolution of economic activity.
On Wednesday, the preliminary publication of the Eurozone’s July CPI will be highlighted, with a headline inflation rate of 2.5% in June in year-on-year terms. In turn, we will learn about Germany’s unemployment rate for July, which stood at 6.0% of the active population last month. Meanwhile, the CPI and PPI of France and Italy will be published.
On Thursday 1st, the final reading of the purchasing managers’ indices (PMI) for July in the Eurozone and the United Kingdom will be published. The unemployment rate in the Eurozone will also be released, which stood at 6.4% of the working population in May. In addition, the Bank of England ‘s interest rate meeting will take place.
To end the week, the unemployment figures for July will be published in Spain. In turn, we will learn about the industrial output of France and Italy for June. Finally, we will also see the evolution of retail sales in Italy for last month.
At the corporate level, there will be numerous references such as the payment of dividends by Iberdrola, as well as the publication of results by Grifols, Acciona, Unicaja, Talgo, Telefónica and BBVA, among others.
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Local Holidays This Week – W/C Monday 29 July 2024
