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European Economics Preview: Germany GDP Data Due

preview sept20 12nov19 lt

Quarterly national accounts from Germany and euro area are due on Thursday, headlining a busy day for the European economic news.

At 1.30 am ET, France labor force survey data for the third quarter is due.

At 2.00 am ET, Destatis publishes Germany's GDP data for the third quarter. Economists forecast the largest euro area economy to contract 0.1 percent sequentially, the same pace of fall as seen in the second quarter.

Half an hour later, Swiss producer and import prices are due.

At 2.45 am ET, France's Insee is scheduled to release final inflation data for October. According to preliminary estimate, consumer prices climbed 0.7 percent annually.

At 3.00 am ET, final consumer prices from Spain and GDP figures from the Czech Republic and Hungary are due.

At 3.30 am ET, Statistics Sweden releases October unemployment data.

At 4.00 am ET, consumer prices and GDP figures from Poland are due. Economists forecast Poland GDP to grow 4.1 percent on year in the third quarter.

At 4.30 am ET, the Office for National Statistics is slated to release UK retail sales data. Sales are forecast to grow 0.3 percent on month in October after staying flat in September.

At 5.00 am ET, Eurostat releases euro area flash GDP data. The single currency bloc is expected to grow 0.2 percent sequentially in the third quarter, as previously estimated.

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