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European Economics Preview: Germany Industrial Output Data Due

preview oct12 08jun20 lt

Industrial production from Germany and investor confidence from euro area are due on Monday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is slated to issue Germany's industrial production data for April. Output is expected to fall 16 percent on a monthly basis in April, bigger than the 9.2 percent decrease seen in March.

In the meantime, industrial production figures from Norway and Denmark are due.

At 3.00 am ET, industrial output and foreign trade figures are due from the Czech Republic. Economists forecast production to decrease 25 percent on a yearly basis in April, following a 10.8 percent fall in March.

At 4.30 am ET, Eurozone Sentix investor confidence data is due. The sentiment index is seen at -22.5 in June versus -41.8 in the previous month.

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