Consumer and import prices from Germany are due on Tuesday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is slated to publish German import prices for April. Import price annual inflation is seen easing to 2.6 percent from 3.1 percent in March.
In the meantime, the Swiss UBS consumption indicator for April is due.
At 3.00 am ET, Spain's statistical office INE is scheduled to issue retail sales figures for April. Retail sales were down 3.9 percent year-on-year in March.
Sweden's economic confidence survey results are due from the National Institute of Economic Research at 3.15 am ET. The economic tendency index is forecast to drop to 100 in May from 100.9 a month ago.
At 3.30 am ET, Statistics Sweden is set to issue producer price data. Producer prices are expected to rise 0.3 percent annually in April after increasing 0.2 percent in March.
Half an hour later, Norway's jobless data is due. The unemployment rate is seen at 3.2 percent in March.
The Confederation of British Industry is slated to release Distributive Trades survey data at 6.00 am ET. The retail sales balance is forecast to fall to -8 percent in May from -6 in April.
Germany's flash consumer price figures are due at 8.00 am ET. EU harmonized inflation is forecast to remain unchanged at 2.2 percent in May. Likewise, consumer price inflation is seen unchanged at 2.1 percent in May.
In the meantime, Hungary's central bank is set to announce its interest rate decision. The interest rate is widely expected to remain at 7 percent.
by RTT Staff Writer
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