European Economics Preview: Eurozone Economic Confidence Data Due

20:43, 28th September 2016

(RTTNews) - Economic confidence survey results from euro area and consumer prices from Germany are due on Thursday, headlining a busy day for the European economic news.

At 2.00 am ET, Destatis is set to release Germany's monthly labor market statistics for August.

At 3.00 am ET, Spain's INE releases flash consumer prices for September and retail sales for August. Prices are forecast to rise 0.2 percent on a yearly basis in September, reversing a 0.1 percent drop in August.

At 3.55 am ET, Germany's Federal Labor Agency releases unemployment data for September. The number of unemployed is forecast to fall by 5,000 and the jobless rate to remain unchanged at 6.1 percent.

At 4.30 am ET, the Bank of England is scheduled to issue U.K. mortgage approvals data for August. The number of mortgage approvals is seen at 60,200 versus 60,900 in July.

At 5.00 am ET, the European Commission publishes monthly economic sentiment survey results. The Eurozone economic confidence index is forecast to remain unchanged at 103.5 in September and business climate index to be at 0.05 points.

At 7.00 am ET, the Czech National Bank is set to announce its interest rate decision. The bank is expected to keep its key rate unchanged at 0.05 percent.

At 8.00 am ET, Germany's preliminary consumer prices for September are due. Inflation is forecast to rise to 0.6 percent from 0.4 percent in August.