Kshitij Consultancy Services
Economic Calendar


Consensus Global GDP Growth Forecasts

Over the last two years, consensus Global GDP forecasts have been revised downwards consistently, as analysts turned from optimistic to pessimistic. In line with our contention of chances of a positive surprise from higher than forecasted growth, there is growing optimism in the USA and Europe as economic data have perked up in the last few months.
MARCH - 2017
DATE TIME ECONOMIC DATA UNIT EXPECTATIONS PREV ACTUAL
21-Mar-17 9:30 15:00 UK CPI Y/Y % - 2.1 1.90 2.3
  12:30 18:00 US Current Account Balance $ Bln - -129 -116 -112
22-Mar-17 14:00 19:30 US Existing Home Sales K - 5590 5690 5480
23-Mar-17 14:00 19:30 US New Home Sales K - 566 558 592
24-Mar-17 9:00 14:30 EU PMI   - 55.3 55.4 56.2
  12:30 18:00 US Durable Goods Orders % - 1.10 2.34 1.67
  12:30 18:00 CA Inflation Y/Y % - 2.1 2.1 2.0
27-Mar-17 8:00 13:30 GER IFO Business Climate   - 111.2 111 -
  8:00 13:30 GER IFO Business Situations   - 117.9 118.4 -
  8:00 13:30 GER IFO Business Expectations   - 104.0 104.0 -
28-Mar-17 13:00 18:30 US Case Schiller % - 5.7 5.6 -
  14:00 19:30 US Cons Conf   - 113.9 114.8 -
30-Mar-17 9:00 14:30 EU Biz Climate   - 108.2 108.0 -
  12:30 18:00 US GDP % - 2.0 1.84 -
31-Mar-17 23:30 5:00 JP Unemp % - 3.0 3.0 -
  8:30 14:00 UK GDP % - 0.70 0.74 -
  12:30 18:00 US Personal Income % - 0.40 0.39 -
  12:30 18:00 US PCE Price Index M/M % - 0.20 0.17 -
  12:30 18:00 CA GDP % - 0.30 0.30 -