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European Economic News

European Economics Preview: Eurozone Sentix Investor Confidence Data Due

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

Investor confidence data from euro area is due on Monday, headlining a light day for the European economic news.

At 3.00 am ET, the Czech Statistical Office is set to release industrial and construction output figures. Industrial production is forecast to drop 5.9 percent on a yearly basis in December, following a 5.7 percent rise in November.

Also, the Czech foreign trade figures are due. The trade deficit is seen at CZK 3.5 billion in December compared to a CZK 14.3 billion surplus in November.

In the meantime, industrial output figures are due from Spain and Turkey. Turkey's industrial output is expected to advance 3.9 percent year-on-year in December after rising 3.5 percent in November.

Hungary's preliminary foreign trade data is also due at 3.00 am. Economists forecast the surplus to drop to EUR 340 million in December from EUR 687 million in November.

At 4.30 am ET, Eurozone Sentix investor confidence survey results are due. The indicator is seen falling to 8.8 in February from 9.6 in January.

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