LOGO
LOGO

Global Economic News

European Economic News Preview: Eurozone Retail Sales Data Due

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

Retail sales from the euro area and final inflation 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 final inflation data for October. The flash estimate showed that consumer price inflation eased to 3.8 percent from 4.5 percent in September. The statistical office is expected to confirm the preliminary estimate.

At 2.30 am ET, the Hungarian Central Statistical Office is set to publish foreign trade and retail sales figures. The surplus is forecast to rise to EUR 702 million in September from EUR 665 million in August.

At 2.45 am ET, foreign trade and current account figures are due from France. The trade deficit is seen at EUR 8.1 billion compared to EUR 8.2 billion shortfall in August.

At 4.00 am ET, Italy's ISTAT releases retail sales for September. Sales had declined 0.4 percent on month in August.

At 5.00 am ET, Eurostat is slated to issue euro area retail sales for September. Economists expect sales to fall 0.2 percent on month, slower than the 1.2 percent decrease in August.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update - December 22 - 26, 2025

December 26, 2025 08:42 ET
Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.