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European Economics Preview: Germany Industrial Output Data Due

preview april07 lt

Industrial production from Germany is due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production data. Economists forecast production to fall 0.9 percent on month in February, reversing a 3 percent increase in January.

At 2.45 am ET, current account and foreign trade figures are due from France. The trade deficit is seen at EUR 4.9 billion in February versus a EUR 5.9 billion shortfall in January.

At 3.00 am ET, retail sales from the Czech Republic and industrial production from Hungary are due. The Czech retail sales are forecast to grow 4.3 percent on year in February, slower than the 4.9 percent increase in January.

Half an hour later, UK Halifax house price data is due. Economists expect house prices to rise 0.1 percent on month in March, slower than the 0.3 percent rise in February.

In the meantime, industrial production and orders are due from Statistics Sweden.

At 4.00 am ET, Italy's Istat is set to issue retail sales for February. Sales had increased 0.5 percent on month in January.

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