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European Economics Preview: Eurozone Inflation Data Due

European Economics Preview: Eurozone Inflation Data Due

Final inflation data from Eurozone is due on Friday, headlining a light day for the European Economic news.

At 3.00 am ET, Hungary's final industrial output data is due. Half an hour later, Statistics Sweden is slated to release final GDP data.

At 4.00 am ET, Statistics Austria is scheduled to issue consumer price figures for August. Consumer prices were up 2.1 percent annually in July.

At 5.00 am ET, Eurostat is set to release final Eurozone inflation data. Annual inflation is seen at 2.6 percent in August, in line with flash estimate. Also, the second quarter employment report is due.

Later today, Eurozone finance ministers are set to gather in Cyprus for a 2-day meeting. Easing possibilities of a bailout request from Spain, Prime Minister Mariano Rajoy yesterday indicated that they will monitor trend in borrowing costs before seeking external support.

by RTT Staff Writer

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