LOGO
LOGO

Economy And The Numbers

European Economics Preview: German Foreign Trade Data Due

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Foreign trade figures from Germany and the U.K. are due on Friday, headlining a light day for the European economic news.

The Federal Statistical Office is slated to release Germany's foreign trade data for March. Exports are forecast to rise 0.5 percent month-on-month in March, reversing a 1.5 percent fall in February.

At 3.00 am ET, the Czech Statistical Office is set to release consumer prices for April. Annual inflation is seen unchanged at 1.7 percent. In the meantime, Hungary's preliminary foreign trade data is due. The trade surplus is expected to fall to EUR 550 million in March from EUR 639.4 million in February.

At 4.00 am ET, industrial production figures are due from Italy. Economists forecast output to fall 0.3 percent on a monthly basis in March, after easing 0.8 percent in February.

Norway's consumer and producer prices are also due at 4.00. Annual inflation is expected to rise marginally to 1.5 percent in April from 1.4 percent in March.

The Office for National Statistics is set to publish U.K. foreign trade data at 4.30 am ET. The visible trade deficit is seen at GBP 9 billion in March compared to GBP 9.4 billion in February.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19