Plus   Neg

European Economics Preview: Eurozone Retail Sales Data Due

preview aug02 lt

Retail sales and producer prices from Eurozone are due on Friday, headlining a light day for the European economic news.

At 2.30 am ET, the Federal Statistical Office is scheduled to issue Swiss inflation figures. Inflation is seen easing to 0.5 percent in July from 0.6 percent in June.

At 3.00 am ET, retail sales data is due from Hungary. Economists expect sales to grow 6 percent on year in June, after rising 2.6 percent in May.

At 4.00 am ET, Italy's Istat publishes industrial production data for June. Economists forecast output to drop 0.3 percent on month, in contrast to a 0.9 percent rise in May.

At 4.30 am ET, IHS Markit releases UK construction Purchasing Managers' survey data for July. The construction PMI is forecast to rise to 46.0 in July from 43.1 in June.

At 5.00 am ET, Eurostat releases euro area retail sales and producer price data. Sales are forecast to grow 0.2 percent on month in June, reversing a 0.3 percent drop in May.

Economists expect producer prices to climb 0.8 percent annually in June after rising 1.6 percent a month ago.

In the meantime, Italy's retail sales data is due for June. Sales had decreased 0.7 percent on month in May.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT