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European Economics Preview: Eurozone PPI Data Due

preview aug02 04aug20 lt

Producer price data from euro area is due on Tuesday, headlining a light day for the European economic news.

At 1.45 am ET, the State Secretariat for Economic Affairs is scheduled to issue Swiss consumer sentiment data for the third quarter.

At 3.00 am ET, monthly unemployment data from Spain and producer prices from Hungary are due.

In the meantime, consumer and producer price figures are due from Turkey. Inflation is expected to ease to 12.1 percent in July from 12.62 percent in June.

At 5.00 am ET, Eurostat is slated to issue Eurozone producer prices for June. Economists forecast producer prices to fall 3.9 percent annually, following a 5 percent decrease in May.

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