European Economics Preview: Eurozone Inflation, Trade Data Due

preview nov15

Final inflation and foreign trade figures from euro area are due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, Statistics Norway is set to issue October trade data. In September, the trade balance showed its first deficit in nearly two years.

At 3.00 am ET, unemployment from Turkey and consumer prices from Austria are due.

At 5.00 am ET, Eurostat is scheduled to release euro area final inflation and trade figures. Inflation is expected to match the flash estimate of 0.7 percent in October.

Economists forecast the euro area trade surplus to fall to EUR 18.7 billion in September from EUR 20.3 billion in August.

At 5.00 am ET, Italy's Istat is set to issue final consumer prices figures for October. Prices are expected to rise 0.3 percent on year, the same rate as initially estimated.

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