Retail sales and producer prices from euro area are due on Tuesday, headlining a light day for the European economic news.
At 3.00 am ET, retail sales and foreign trade from Hungary and consumer and producer prices from Turkey are due. Hungary's retail sales growth is seen at 5.4 percent in May versus 6.1 percent in April.
Turkey's inflation is expected to accelerate to 13.9 percent in June from 12.15 percent in May.
At 3.30 am ET, Sweden's central bank is set to announce the outcome of its monetary policy meeting. The bank is expected to hold its key rate at -0.50 percent.
At 4.30 am ET, UK Markit/CIPS construction Purchasing Managers' survey results are due. The index is expected to remain unchanged at 52.5 in June.
At 5.00 am ET, Eurostat releases euro area retail sales and producer prices data. Sales are forecast to gain 0.1 percent on month in May, the same pace of increase as seen in April.
At the same time, economists expect producer price inflation to rise to 2.7 percent in May from 2 percent in April.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.