Economic confidence from euro area and revised quarterly national accounts from the U.K. are due on Friday, headlining a busy day for the European economic news.

At 2.00 am ET, Destatis is slated to publish Germany's import price data. Import prices are forecast to decline 3.9 percent year-on-year in October after falling 4 percent in September.

At 2.45 am ET, the French statistical office Insee publishes consumer spending and producer prices for October. Household spending is seen falling 0.1 percent on a monthly basis in October.

At 3.00 am ET, flash consumer prices from Spain and unemployment from Hungary are due. Consumer prices are forecast to fall 0.5 percent year-on-year in November. Economists forecast Hungary's jobless rate to fall to 6.2 percent in October from 6.4 percent in September.

Half an hour later, Sweden's retail sales figures are due. Retail sales are forecast to rise 0.6 percent on a monthly basis in October after increasing 0.7 percent in September.

At 4.00 am ET, Italy's consumer and business confidence figures are due. The consumer confidence is seen falling to 116.5 in November and business confidence to drop to 106.

In the meantime, retail sales and unemployment reports are due from Norway.

At 4.30 am ET, the Office for National Statistics releases U.K. GDP data. The statistical office is expected to confirm 0.5 percent sequential growth for the third quarter.

Half an hour later, European Commission is scheduled to issue economic confidence survey results. The euro area economic sentiment index is forecast to remain unchanged at 105.9 in November. The business confidence index is seen at 0.45 versus 0.44 in October.

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