Economic Calendar Summary - March 20, 2026

Overview

On March 20, 2026, the financial markets are primarily focused on economic data releases from Germany and Canada. Key indicators such as Germany's producer price inflation and various economic metrics from Canada are expected to influence market sentiment and monetary policy expectations significantly.

Key Economic Releases

Germany

• PPI Inflation (m/m): Actual -0.5% (Forecast 0.3%; Previous -0.6%)
• PPI Inflation (y/y): Actual -3.3% (Forecast -2.7%; Previous -3%)

Poland

• BIEC Well-being Index (March): Previous 95.6
• Economic Sentiment (March): To be released at 09:30 CET

Eurozone

• Current Account Balance (n.s.a.): Previous EUR 34.6 billion
• Current Account Balance (s.a.): Forecast EUR 17.2 billion; Previous EUR 14.6 billion
• Foreign Trade Balance (n.s.a.): Previous EUR 12.6 billion
• Foreign Trade Balance (s.a.): Forecast EUR 12.6 billion; Previous EUR 11.6 billion

Italy

• Foreign Trade Balance (January): Forecast EUR 5.6 billion; Previous EUR 6.04 billion

United Kingdom

• CBI Orders Index (March): Forecast -29; Previous -28

Canada

• IPPI Inflation (m/m): Forecast 0.6%; Previous 2.7%
• IPPI Inflation (y/y): Previous 5.4%
• Retail Sales (m/m): Forecast 1.4%; Previous -0.4%
• Retail Sales ex-Autos (m/m): Forecast 1.2%; Previous 0.1%
• New Home Price Index (m/m, February): Forecast -0.3%; Previous -0.4%

Market Reactions

On March 19, 2026, the European Central Bank (ECB) held interest rates unchanged, which led to a reaction in the EUR/USD currency pair. Additionally, the US100 index experienced a decline following the release of strong macroeconomic reports from the United States.

Upcoming Events

At 18:30 CET, Bundesbank President Joachim Nagel is scheduled to give a public speech, which may provide further insights into Germany's economic outlook and monetary policy direction.