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European Economics Preview: UK Consumer Price Data Due

preview sept18 lt

Consumer and producer prices data from the UK is due on Wednesday, headlining a light day for the European economic news.

At 3.00 am ET, average gross wages data from Poland is due. Economists forecast average gross wages to rise 6.8 percent annually in August after climbing 7.4 percent in July.

In the meantime, Statistics Austria publishes August inflation figures.

At 4.30 am ET, the Office for National Statistics releases UK consumer and producer prices for August. Inflation is forecast to ease to 1.9 percent in August from 2.1 percent in July.

Output price inflation is seen at 1.7 percent versus 1.8 percent in July. Likewise, input prices are forecast to drop 0.1 percent on year, in contrast to a 1.3 percent rise a month ago.

At 5.00 am ET, Eurostat issues Eurozone final inflation data for August. The statistical office is expected to confirm 1 percent inflation and 0.9 percent core inflation.

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