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European Economics Preview: Eurozone Foreign Trade Data Due

preview aug14 15jun20 lt

Foreign trade data from euro area is due on Monday, headlining a light day for the European economic news.

At 1.00 am ET, Statistics Finland is set to issue consumer prices for May. Prices had decreased 0.3 percent on year in April.

At 2.30 am ET, producer price data is due from Switzerland. Economists forecast producer and import prices to drop 4.6 percent annually in May after falling 4 percent a month ago.

At 4.00 am ET, Italy's Istat releases final consumer prices data. Consumer prices are forecast to fall 0.1 percent on year in May.

In the meantime, Poland's consumer price figures for June are due. Inflation is seen easing to 2.9 percent from 3.4 percent in May.

At 5.00 am ET, Eurostat is slated to publish euro area foreign trade figures for April. The trade surplus is forecast to fall to EUR 15.9 billion versus EUR 28.2 billion in March.

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