Producer prices from Germany is the only major statistical report due on Friday, headlining a light day for the European economic news.
At 2.00 am ET, the Federal Statistical Office is scheduled to release German producer prices for April. Producer price inflation is expected to slow to 2.5 percent annually in April from 3.3 percent in March. Month-on-month, producer prices are forecast to rise 0.3 percent.
At 3.00 am ET, Hungary's statistical office is set to publish average gross wages for March. On a yearly basis, average gross wages are forecast to climb 6.5 percent annually, following a 6.9 percent growth a month ago.
Italy's industrial orders data is due at 4.00 am ET. Orders are expected to grow 1 percent month-on-month in March, recovering from a 2.5 percent drop in February.
At 8.00 am ET, Poland's average gross wages are due. Average gross wages are forecast to fall 0.8 percent month-on-month in April after increasing 5.7 percent in March. On a yearly basis, growth is seen at 3.9 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.