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European Economics Preview: Germany Ifo Business Confidence Data Due


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

At 1.00 am ET, Statistics Finland releases producer prices for May. Prices had increased 0.1 percent on month in April.

At 3.00 am ET, the Czech business confidence survey data is due for June. The business sentiment index had fallen to 12.7 in May from 15.1 in April.

At 4.00 am ET, Germany's Ifo business sentiment survey results are due. Economists forecast the business confidence index to fall to 97.5 in June from 97.9 in May.

The ifo current conditions index is seen at 100.8 versus 100.6 in May. Meanwhile, the expectations index is forecast to fall to 95.1 in June from 95.3 in May.

In the meantime, retail sales data from Poland is due. Sales are forecast to expand 8.5 percent annually, following a 13.6 percent rise in April.

At 5.00 am ET, Statistics Iceland is scheduled to issue monthly wage data for May.

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