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European Economics Preview: Germany Factory Orders, Economic Confidence Due

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Factory orders and economic confidence survey results from Germany are due on Monday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is slated to issue Germany's factory orders data for May. Economists forecast orders to grow 1.0 percent on month, reversing a 0.2 percent fall in April.

At 3.00 am ET, Spain's INE publishes monthly industrial production data for May. Production is forecast to advance 22.1 percent on year, following a 48.2 percent rise in April.

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