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European Economic News

European Economics Preview: Eurozone Final PMI Data Due

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

Final Purchasing Managers' survey data from euro area is due on Friday, headlining a light day for the European economic news.

At 4.15 am ET, Spain's services PMI data is due. The index is forecast to rise to 55 in October from 54.7 a month ago.

At 4.45 am ET, Markit releases Italy's services PMI report. Economists forecast the indicator to improve to 51.5 in October from 50.7 in September.

Thereafter final PMI reports are due from Germany and euro area.

At 5.00 am ET, Eurozone final PMI data is due. Economists expect the composite PMI to match the flash estimate of 53.7 in October.

At 6.00 am ET, Eurostat publishes Eurozone producer price data. Producer prices are forecast to fall 1.7 percent annually in August, following a 2.1 percent drop in July.

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