Unemployment and inflation from Eurozone are due on Tuesday, headlining a hectic day for the European economic news.
At 2.00 am ET, Germany's retail sales data for June is due. Economists forecast sales to rise 0.5 percent month-on-month in June after easing 0.3 percent in May. The Swiss UBS consumption index is also due at 2.00 am.
The French statistical office Insee is slated to publish producer price figures at 2.45 am ET. Producer prices are forecast to increase 2.1 percent annually after rising 2.2 percent in May.
French consumer spending figures are also due. Economists forecast consumer spending to grow 0.2 percent month-on-month in June after rising 0.4 percent a month ago.
At 3.00 am ET, producer prices and unemployment from Hungary and retail sales from Spain are due. Hungary's jobless rate is expected to ease slightly to 11.1 percent in June and producer price inflation to accelerate to 8.3 percent.
The Federal Labor Agency is set to issue German unemployment data at 3.55 am ET. The number of unemployed is expected to increase by 7,000 and the jobless rate is seen unchanged at 6.8 percent in July.
At 5.00 am ET, Eurostat is scheduled to release Eurozone inflation and unemployment figures. Inflation is forecast to remain unchanged at 2.4 percent in July. At the same time, the jobless rate is expected to rise to 11.2 percent in June from 11.1 percent in May.
by RTT Staff Writer
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