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European Economics Preview: Eurozone PPI, Sentix Investor Confidence Due

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

Producer prices and investor confidence from Eurozone are due on Monday, headlining a light day for the European economic news.

At 3.00 am ET, Hungary's final trade balance for December is due. According to the preliminary estimate, the trade surplus totaled EUR 192.3 million.

In the meantime, Turkey's statistical office is set to release consumer and producer prices for February. Consumer price inflation rose to a 3-month high of 7.31 percent in January.

Eurozone Sentix investor confidence for March is due at 4.30 am ET. The indicator is seen falling to -4.6 in March from -3.9 in February.

Also, the U.K. construction PMI is due. The index is forecast to rise to 49 in February from 48.7 in January.

At 5.00 am ET, Eurostat is scheduled to issue producer prices for January. Eurozone producer price inflation is expected to slow to 1.9 percent from 2.2 percent in December.

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