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European Economic News Preview: Eurozone Final PMI Data Due

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Final composite Purchasing Managers' survey results from the euro area and other major Eurozone economies as well as foreign trade from Germany are due on Friday, headlining a busy day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's foreign trade data. Exports are forecast to rebound 1.5 percent on month and imports to gain 2.0 percent in January.

At 2.45 am ET, France's statistical office INSEE is set to release industrial production for January. Economists forecast output to gain 0.1 percent on month, slower than the 1.1 percent increase a month ago.

At 3.15 am ET, Spain's services Purchasing Managers' survey results are due. The services PMI is seen rising to 54.3 in February from 52.7 in January.

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