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European Economics Preview: Eurozone Economic Sentiment Data Due


Economic sentiment from euro area and flash inflation from Germany are due on Thursday, headlining a busy day for the European economic news.

At 2.00 am ET, May retail sales data is due from Norway. Sales had increased 1.8 percent on month in April.

At 3.00 am ET, Spain's statistical office INE releases flash consumer price data for June. Inflation is expected to ease to 0.7 percent in June from 0.9 percent in May.

In the meantime, Hungary's unemployment data is due. The jobless rate is expected to remain unchanged at 3.5 percent in May.

Half an hour later, Statistics Sweden is scheduled to release foreign trade data for May.

At 4.00 am ET, Italy's business and consumer sentiment survey results are due. The business confidence index is seen at 101.3 in June versus 100.2 in May.

At 5.00 am ET, European Commission publishes euro area economic sentiment survey results. Economists forecast the confidence index to drop to 104.8 in June from 105.1 in May.

At 8.00 am ET, Germany's flash inflation data is due. Inflation is seen at 1.4 percent in June, the same rate as seen in May.

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