Retail sales and Purchasing Managers' survey results from Eurozone are the major reports due on Friday, suggesting a light day for the European economic news.
At 3.00 am ET, the Czech Statistical Office is slated to release retail sales data. On a yearly basis, growth in sales is forecast to remain unchanged at 0.5 percent. In the meantime, Turkey's consumer and producer prices are due.
Final services PMI figure are due from France and Germany at 3.50 am and 3.55 am ET, respectively. Markit is set to issue final Eurozone composite PMI data at 4.00 am ET. The Eurozone composite PMI is seen at 50.4 and services PMI at 50.5 in January. Both readings are expected to match preliminary estimate.
Half an hour later, U.K. Markit/CIPS services PMI data is due. The indicator is seen falling to 53.3 in January from 54 in December.
At 5.00 am ET, Eurozone retail trade figures are due from Eurostat. Economists forecast retail sales to rise 0.3 percent month-on-month in December after falling 0.8 percent in November. On a yearly basis, retail sales are expected to fall 1.3 percent.
In the meantime, Italy's statistical office Istat is scheduled to issue preliminary consumer price data. EU harmonized inflation is expected to fall to 3.6 percent from 3.7 percent in December. Month-on-month, the index is forecast to drop 1.7 percent.
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.
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.