logo
  

European Economics Preview: Eurozone Flash PMI Data Due

preview oct22 23sep22 lt

Flash Purchasing Managers' survey results from the euro area and the UK are due on Friday, headlining a busy day for the European economic news.

At 3.00 am ET, S&P Global releases France flash Purchasing Managers' survey data for September. The composite output index is forecast to fall to 49.8 from 50.4 in August.

In the meantime, Spain's statistical office INE is scheduled to issue revised GDP data for the second quarter. The statistical office is expected to confirm the sequential growth of 1.1 percent.

Half an hour later, Germany's flash composite PMI data is due. The composite index is seen at 46.0 in September versus 46.9 a month ago.

At 4.00 am ET, S&P Global publishes Eurozone flash PMI data. Economists forecast the index drop moderately to 48.2 in September from 48.9 in the previous month.

At 4.30 am ET, UK S&P/CIPS flash composite PMI is due. The index is seen at 49.0 in September versus 49.6 a month ago.

At 6.00 am ET, the Confederation of British Industry releases Distributive Trades survey data. The UK retail sales balance is forecast to decline sharply to 10 percent in September from 37 percent in August.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
American Honda Motor Co, Inc. has recalled about 2,900 units of 2022 model year Honda TRX90X All-Terrain Vehicles (ATVs) sold in the United States for possible crash and injury hazard, according to a statement issued by the U.S. Consumer Product Safety Commission or CPSC. The Laundress, a unit of Conopco Inc. d/b/a Unilever, is recalling around 8 million laundry and household cleaning products citing risk of exposure to bacteria, U.S. Consumer Product Safety Commission. The recall involves Laundress laundry detergent, fabric conditioner and other cleaning products. Tesla Inc. has delivered its first Semi, a heavy-duty electric truck, to its customer PepsiCo Inc. during an event at its Nevada Gigafactory. The delivery of 500-mile fully electric Semi truck comes five years after the launch of the truck's prototype in 2017. During Thursday night's Semi Delivery Event at Tesla's Sparks, Nevada factory, CEO Elon Musk, with Dan Priestly, ...
Follow RTT