Week Ahead Economic Preview for May 2025

This document is an economic preview report for the week of May 16, 2025, focusing on key economic indicators and events that may influence market conditions. It outlines the significance of upcoming flash PMI data, which is expected to provide insights into economic resilience amid changing global trade conditions, particularly in relation to US tariffs. The report highlights that official data from mainland China, including retail sales and industrial production, will be crucial for understanding the impact of these tariffs. It also notes the anticipated central bank meetings in Australia and Indonesia. The document discusses the recent slowdown in global growth and the detrimental effects of tariffs on exports and business sentiment. Additionally, it mentions the scrutiny of economic indicators from Europe, including the UK and eurozone inflation rates, and the potential implications for business activity. The report emphasizes the uncertainty in the international trading environment and the expected effects of surviving tariffs on global growth and inflation.