LOGO
LOGO

European Economic News

European Economics Preview: Germany Ifo Business Confidence Due

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

Business sentiment survey from Germany is due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, Switzerland's UBS consumption indicator is due for December. The indicator stood at 1.43 in November.

At 2.45 am ET, the French statistical office Insee is scheduled to publish manufacturing confidence for January. Economists forecast the index to remain unchanged at 106.

At 3.00 am ET, producer prices from Spain and GDP from Austria are due. Austria's economy had expanded 0.4 percent in the third quarter.

At 4.00 am ET, Germany's Ifo business sentiment survey data is due. The business confidence index is seen rising to 111.3 in January from 111 in December.

In the meantime, Poland's unemployment data is due. The jobless rate is forecast to rise to 8.3 percent in December from 8.2 percent in January.

At 6.00 am ET, the Confederation of British Industry is scheduled to issue Industrial Trends survey data. The industrial orders balance is forecast to rise to 2 percent in January from zero in December.

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.