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European Economics Preview: UK Public Sector Finance Data Due

preview oct22 lt

Public sector finance data from the UK is due on Tuesday, headlining a light day for the European economic news.

At 1.00 am ET, Statistics Finland releases unemployment data for September.

At 4.00 am ET, the European Central Bank publishes bank lending survey data.

At 4.30 am ET, the Office for National Statistics is scheduled to issue UK public sector finance data. Economists forecast the budget deficit to widen to GBP 9.3 billion in September from GBP 6.4 billion in August.

At 6.00 am ET, the Confederation of British Industry is set to publish monthly Industrial Trends survey results. The order book balance is seen at -25 percent in October versus -28 percent in September.

At 8.00 am ET, Hungary's central bank announces its rate decision. The bank is expected to hold the base rate at 0.90 percent.

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