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European Economics Preview: U.K. Inflation Data Due

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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Producer and consumer prices from the U.K. are due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to release Germany's producer price figures. Economists forecast producer price inflation to ease to 0.2 percent in April from 0.4 percent in March.

In the meantime, Finland's jobless data is due. The unemployment rate is seen slowing to 8.8 percent in April from 9 percent in March.

At 3.30 am ET, Sweden's jobless data is due. Economists expect the unemployment rate to ease to 8.7 percent in April from 8.8 percent in March.

At 4.30 am ET, the Office for National Statistics is set to release U.K. consumer and producer price figures. Annual inflation is forecast to slow to 2.6 percent in April from 2.8 percent in March.

Output prices are forecast to fall to 1.4 percent in April from 2 percent in March. Similarly, input prices are expected to drop to 0.3 percent from 0.4 percent.

At 8.00 am ET, Poland's industrial output and producer prices are due. Industrial production is expected to fall 1.7 percent month-on-month in April after rising 9.2 percent in March. At the same time, producer prices are expected to drop 1.5 percent annually.

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