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European Economics Preview: UK Public Sector Finance Data Due

preview oct16 25sep20 lt

Public sector finance data from the UK is due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK public sector finance data for August. The budget deficit is forecast to widen to GBP 35.05 billion from GBP 25.94 billion in July.

At 3.00 am ET, producer prices from Spain and industrial production from Austria are due.

At 3.30 am ET, Statistics Sweden is scheduled to issue producer prices for August.

At 4.00 am ET, the European Central Bank is slated to issue euro area monetary aggregates for August. M3 money supply is expected to grow at a steady pace of 10.2 percent.

Italy's Istat is also slated to publish business and consumer sentiment survey results at 4.00 am. The business confidence index is seen rising to 87.5 from 86.1 in August.

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