European Economics Preview: Eurozone Final PMI, German Unemployment Data Due
February 28 2017 - 8:42PM
RTTF2
Final Purchasing Managers' survey from euro area and
unemployment from Germany are due on Wednesday, headlining a busy
day for the European economic news.
At 2.00 am ET, Finland's GDP data for the fourth quarter and
Switzerland's UBS consumption indicator for January are due. The
Swiss consumption index is seen unchanged at 1.5 in January.
At 3.15 am ET, IHS Markit publishes Spain's factory PMI data.
Economists forecast the PMI score to improve to 55.8 in February
from 55.6 in January.
At 3.45 am ET, Italy's factory PMI data is due. Economists
forecast the index to rise to 53.5 from 53.0 in January.
At 3.50 am ET, the French final PMI report is due. The factory
PMI is expected to match the flash score of 52.3 in February.
At 3.55 am ET, Germany's final factory PMI and unemployment
figures are due. The number of people claiming unemployment benefit
is seen falling by 10,000 in February compared to a decline of
26,000 in January.
At 4.00 am ET, Eurozone final PMI data is due. Economists
forecast the indicator to match the flash score of 55.5 in
February.
Half an hour later, IHS Markit publishes the UK PMI survey
results. The factory PMI is forecast to drop to 55.7 in February
from 55.9 in the prior month.
At 8.00 am ET, Destatis is set to publish Germany's flash
inflation figures for February. Inflation is forecast to rise to
2.1 percent in February from 1.9 percent in January.
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