Flash inflation data from Germany and quarterly national accounts from euro area are due on Monday, headlining a busy day for the European economic news.
At 2.00 am ET, foreign trade from Turkey and unemployment data from Denmark are due. At 3.00 am ET, Spain's INE releases flash consumer and harmonized prices for January and retail sales for December. Harmonized consumer price inflation is expected to slow to 5.5 percent from 6.6 percent in December. At 4.00 am ET, Italy's Istat releases flash GDP data for the fourth quarter. The economy is forecast to grow at a slower pace of 0.5 percent after rising 2.6 percent in the previous quarter.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.