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European Economic News Preview: UK Inflation Data Due

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us

Consumer and producer prices data from the UK is top economic news due on Wednesday.

At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for May. Inflation is expected to rise to 3.0 percent from 2.8 percent in April. Output price inflation is seen unchanged at 4.0 percent in May.

At 3.30 am ET, Sweden's central bank announces its monetary policy decision. The bank is expected to hold its policy rate at 1.75 percent.

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