Business World

Thursday 26 April 2018

Countdown begins to German election

German Chancellor Angela Merkel. Photo: AP
German Chancellor Angela Merkel. Photo: AP Newsdesk Newsdesk

The week ahead will be busy in Germany, with its Chancellor Angela Merkel hitting the campaign trail with a CDU party rally near Frankfurt today.

Tomorrow, German GDP data for the second quarter of 2017 will be released.

On Thursday, the European Central Bank is due to publish the account of its July policy meeting in Frankfurt, which will be sifted for any hints on the bank's plans to wind down quantitative easing.

Meanwhile in Ireland, the CSO will tomorrow release the goods exports and imports data for July.

UK inflation data for July is also due to be published tomorrow, and analysts will be looking for signs the weaker pound is driving up living costs. With the current rising cost of living in the UK, this data will give us more of an indication of whether the rising costs are temporary or more long term.

On Friday, Deere & Co, the world's biggest agricultural- equipment manufacturer, and Dutch fuel terminal operator Royal Vopak are among companies announcing earnings.

At home, and also on Friday, building materials company Kingspan Group will release its latest set of financial results.

Irish Independent

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