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European Economics Preview: UK Inflation Data Due

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Inflation figures from the UK and economic confidence from Germany are due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, the European Automobile Manufacturers Association is scheduled to release Europe's new car registrations data for September.

At 3.00 am ET, Austria's consumer price data for September is due.

At 4.15 am ET, Bank of England policymakers David Ramsden and Silvana Tenreyro will attend Treasury Select Committee appointment hearing.

At 4.30 am ET, the Office for National Statistics is slated to release UK consumer and producer prices for September. Inflation is forecast to rise slightly to 3 percent in September from 2.9 percent in August.

Output prices are forecast to rise 3.3 percent on year, following August's 3.4 percent increase.

In the meantime, UK house price data is due. House price inflation is seen at 5.4 percent in August versus 5.1 percent in July.

At 5.00 am ET, Germany's ZEW economic confidence survey data is due. The economic sentiment index is seen rising to 20 in October from 17 in September.

Also, Eurozone's final inflation data for September is due. Inflation is forecast to match the preliminary estimate of 1.5 percent in September.

At 6.15 am ET, BoE Governor Mark Carney is set to testify to lawmakers.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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