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European Economics Preview: German Foreign Trade Data Due

preview may08 lt

Foreign trade data from Germany is due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's external trade figures for March. Exports are forecast to fall 5 percent on month, in contrast to an increase of 1.3 percent in February. Imports are expected to drop 4 percent.

In the meantime, industrial production data is due from Statistics Norway.

At 3.00 am ET, Spain's statistical office INE is set to release March industrial production. Production had declined 1.3 percent on year in February.

Consumer prices and trade data from Hungary are also due at 3.00 am ET. Inflation is expected to ease to 2.4 percent in April from 3.9 percent in March.

At 5.00 am ET, April consumer price data is due from Greece.

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