Public finance data from the U.K. is due on Tuesday, headlining an otherwise light day for European economic news. All times in ET.
Monday was light on major economic reports. The U.K.'s money supply recorded a surprise fall in August, while the Bank of England said mortgage lending was still weak. Elsewhere, Germany's finance ministry forecast grow will slow sharply in the second half of the year.
At 2:15 am, the Swiss customs office is scheduled to release trade data for August. A trade surplus of 2.8 billion francs was recorded in July.
Public finance data for August from the U.K.'s Office for National Statistics is due at 4:30 am. Public net borrowing is forecast to rise to 12.5 billion pounds from 3.2 billion pounds in the previous month.
At 5:00 am, the Croatian statistical office is due to release unemployment figures for August. The unemployment rate came in at 16.4% in July.
Inflation data for August is due from the Polish statistical office at 8:00 am. Economists expect core annual inflation to remain stable at 1.2%.
Later at 9:15 am, the Dutch government, which is mired in coalition negotiations, is due to release its annual budget for 2011.
Poland's central bank is due to announce its interest rate decision later today. The bank has maintained benchmark rates at a record low 3.5% for over a year.
Finally, the Republic of Ireland faces a crucial bond auction today, in which it hopes to raise 1.5 billion euros. The auction comes at a time of intense speculation that Ireland may eventually require outside help to prop up its finances.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.