Quarterly national accounts from Germany, France and other major euro area economies are due on Friday, headlining a hectic day for the European economic news.
At 1.30 am ET, France's Insee publishes preliminary GDP and household spending data. The economy is forecast to grow 0.2 percent in the second quarter, offsetting a 0.2 percent fall in the first quarter. At 2.00 am ET, Destatis releases Germany's import prices and unemployment data. Import price inflation is seen easing to 29.9 percent in June from 30.6 percent in the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.