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European Economics Preview: EU Winter Economic Forecast Due

preview sept20 12feb20 lt

The winter 2020 economic forecast from the European Commission is due on Thursday, headlining a light day for the European economic news.

At 1.30 am ET, France unemployment data is due. The jobless rate is forecast to fall to 8.5 percent in the fourth quarter from 8.6 percent in the third quarter.

At 2.00 am ET, Destatis is slated to issue Germany's final inflation data for January. Inflation is seen at 1.7 percent in January, unchanged from the flash estimate.

In the meantime, industrial production data is due from Turkey. Economists forecast production to grow 7 percent annually in December after rising 5.1 percent in November.

At 3.00 am ET, Hungary's consumer price figures are due. Inflation is expected to rise to 4.3 percent in January from 4 percent in December.

At 5.00 am ET, the EU publishes economic outlook for the euro area.

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