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European Economics Preview: UK Public Sector Finance Data Due

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

Public sector finance from the UK and current account from euro area are due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is slated to issue Germany's producer prices for September. Economists forecast producer prices to climb 2.9 percent year-on-year, faster than the 2.6 percent increase in August.

At 4.00 am ET, the European Central Bank is slated to issue euro area current account figures for August.

At 4.30 am ET, UK public sector finance data is due. The budget deficit is forecast to widen to GBP 6.5 billion in September from GBP 5.7 billion in August.

At 6.00 am ET, the Confederation of British Industry releases Industrial Trends survey data for October.

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