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European Economics Preview: Germany Industrial Production Data Due

preview nov05 07jul20 lt

Industrial production from Germany and house prices from the UK are due on Tuesday, headlining a busy day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production for May. Economists forecast output to grow 10 percent on month, in contrast to a 17.9 percent fall in April.

At 2.45 am ET, foreign trade and current account figures are due from France.

At 3.00 am ET, the Czech Statistical Office is slated to release industrial production and trade data. Production is expected to decline 21.5 percent on year in May after falling 33.7 percent in April.

Half an hour later, UK Halifax house price data is due. Economists expect house prices to fall 0.9 percent on month in June, bigger than the 0.2 percent fall seen in May.

In the meantime, Statistics Sweden releases industrial production and orders data.
At 4.00 am ET, Italy's Istat is set to issue retail sales for May. Sales were down 10.5 percent on year in April.

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