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European Economics Preview: Eurozone Foreign Trade Data Due

preview may16 lt

Foreign trade data from euro area is due on Thursday, headlining a light day for the European economic news.

At 12.30 am ET, Dutch unemployment data is due for April. The jobless rate stood at 3.3 percent in March.

At 3.00 am ET, Austria's consumer price inflation figures due for April. Consumer prices had increased 1.8 percent annually in March.

At 5.00 am ET, Eurostat is slated to issue Eurozone foreign trade data. Economists forecast the trade surplus to fall to a seasonally adjusted EUR 19 billion from EUR 19.5 billion in February.

In the meantime, Italy's Istat releases final inflation and foreign trade prices. The statistical office is expected to confirm 1.2 percent EU harmonized inflation for April.

At 8.00 am ET, Poland's core inflation figures are due from the National Bank of Poland. Economists expect the rate to rise to 1.7 percent in April from 1.4 percent in March.

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