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European Economic News Preview: Germany Industrial Output, Foreign Trade Data Due

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
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Industrial production and foreign trade reports from Germany are due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's industrial output and external trade figures for June. Production is forecast to advance 1.0 percent on month, reversing a 2.5 percent fall in May. Economists expect exports to fall at a slower pace of 1.5 percent on a monthly basis, slower than the 3.6 percent decrease posted in the prior month.

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