Here are some of the important economic data that will be the focus of the market throughout this week.
MONDAY (March 24, 2025)
Germany Manufacturing & Services PMI (4.30 PM) – The outlook for the manufacturing and services sectors in Germany for March will provide a picture of the current health of the European economy. The expected figures for both sectors are up compared to the previous month.
UK Manufacturing & Services PMI (5.30 PM) – The latest readings for these two important sectors in the UK are forecast to be more positive for March, but the figure for the manufacturing sector is still expected to remain below the 50-point mark.
US Manufacturing & Services PMI (9.45 PM) – Both of these US focus sectors are expected to record good readings in March, but a slight decline for the manufacturing sector compared to the previous month.
WEDNESDAY (March 26, 2025)
Australian Inflation Data (8.30 AM) – After the Australian jobs report declined for February, attention will turn to consumer price index data for guidance from the Reserve Bank of Australia in policy setting. Following the interest rate cut at the February meeting, the market is awaiting the latest decision at the meeting in early April.
UK Inflation Data (3.00 PM) – The Bank of England decided to keep interest rates on hold at its March meeting. Further attention will be on the latest inflation report which could influence monetary policy decisions. The UK inflation forecast for February has been slightly lowered after a surge to 3.0% previously.
THURSDAY (March 27, 2025)
US GDP Data (8.30 PM) – Markets will be looking at US economic growth for the last quarter of 2024 following 2 readings in the previous month. The latest reading is forecast to rise to 2.4% from 2.3% previously.
FRIDAY (March 28, 2025)
UK Retail Sales Data (3.00 PM) – The UK monthly retail sales rate forecast for February has fallen by around -0.3% from a reading of 1.7% which showed an increase in the previous month.
Canadian GDP Data (8.30 PM) – Monthly growth in the Canadian economy in January will be watched closely by the central bank as it continues its monetary easing measures. Positive growth is expected after the previously successful increase in the figures.
US PCE Price Index Data (8.30 PM) – The main focus of the Federal Reserve this week will be the inflation component of the US personal consumption expenditure index report for February.
