LOGO
LOGO

European Economic News

European Economics Preview: German Ifo Business Confidence Data Due

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

Business confidence from Germany and mortgage approvals from the U.K. are due on Wednesday.

At 2.00 am ET, Statistics Finland is scheduled to release producer prices for March. Producer prices were up 0.1 percent year-on-year in February. The Switzerland's UBS consumption indicator for March is also due.

At 3.00 am ET, Spain's producer prices and Czech business sentiment survey results are due. Spain's producer prices had increased 2.1 percent year-on-year in February.

Half an hour later, Statistics Netherlands is scheduled to publish producer confidence survey data.

At 4.00 am ET, Germany's Ifo business confidence is due. Economists expect business sentiment to fall to 106.2 in April from 106.7 in March. The current conditions index is forecast to ease to 109.5 and expectations to drop to 103.

In the meantime, Italy's retail sales data is due. Retail sales are expected to drop 0.1 percent month-on-month in February, following a 0.5 percent fall in January.

At 4.30 am ET, the British Bankers' Association is set to release mortgage approvals for March. The number of mortgage approvals for March is seen at 31,400 compared to 30,506 in February.

At 6.00 am ET, U.K. Distributive Trades survey results are due. The retail sales balance is seen at 8% in April.

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.

Global Economics Weekly Update - Jun 08-12, 2026

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.