Economic confidence from the euro area and flash inflation from France are scheduled for release on Friday, marking a significant day for European economic news.
At 2:00 AM ET, Sweden’s producer prices and Norway’s retail sales figures will be released.
At 2:45 AM ET, France’s statistical office INSEE is expected to publish flash consumer prices, producer prices, and consumer spending data. Analysts predict that CPI inflation will remain steady at 0.7 percent in June.
At 3:00 AM ET, Spain’s INE will release preliminary inflation and retail sales figures. Consumer price inflation is projected to remain unchanged at 2.0 percent for June.
At 4:00 AM ET, Italy is set to issue consumer sentiment survey results. The business confidence index is forecast to increase to 87.0 in June from 86.5 in May, while the consumer sentiment index is expected to rise to 97.0 from 96.5 in the previous month.
At 5:00 AM ET, the European Commission will release the euro area economic sentiment survey results. This indicator is expected to rise to 95.1 in June from 94.8 in the previous month.
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European Economic News Preview: Eurozone Economic Sentiment Data Due
Economic confidence from the euro area and flash inflation from France are due on Friday, headlining a busy day for the European economic news. n nAt 2.00 am ET, producer prices from Sweden and retail sales from Norway are due. n nAt 2.45 am ET, France’s statistical office INSEE is scheduled to issue flash consumer prices, producer prices and consumer spending data. Economists expect CPI inflation to remain unchanged at 0.7 percent in June. n nAt 3.00 am ET, Spain’s INE publishes preliminary inflation and retail sales data. Consumer price inflation is seen unchanged at 2.0 percent in June. n nAt 4.00 am ET, and consumer sentiment survey results are due from Italy. The business confidence index is forecast to rise to 87.0 in June from 86.5 in May. The consumer sentiment index is seen at 97.0 compared to 96.5 in the previous month. n nby Renju Jaya n nFor comments and feedback: contact editorial@rttnews.com