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Onsdag Apr 2 2025 06:51
2 min
Japan’s retail sales YoY grew 3.9% in January, but February’s expected slowdown to 2.8% suggests a moderation in consumer demand, possibly due to rising inflation and cautious spending amid economic uncertainty. Meanwhile, MoM retail sales increased by 0.5% in January, but a much smaller 0.1% gain is expected for February, likely reflecting seasonal effects following strong New Year-related shopping. Additionally, wage growth constraints and higher living costs may limit discretionary spending, contributing to the softer retail performance. This data is set to be released on 31 March at 00:50 GMT.
China’s Manufacturing PMI stood at 50.2 in February, with March’s forecast slightly higher at 50.5, indicating a modest expansion in factory activity. The expected increase suggests improving business confidence and a gradual recovery in production, possibly driven by stronger domestic demand and government policy support. However, external risks such as global economic uncertainty and weak export demand may still weigh on the sector’s growth. This data is set to be released on 31 March at 02:30 GMT.
Germany’s preliminary inflation rate YoY remained steady at 2.3% in February, with March’s forecast unchanged at 2.3%, signalling stable price pressures. Similarly, the MoM inflation rate held at 0.4% in February, with the same 0.4% expected for March, reflecting consistent cost dynamics. The unchanged forecasts suggest inflation is stabilizing amid easing energy prices and steady consumer demand. This data is set to be released on 31 March at 13:00 GMT.
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