European Economics Preview: UK Industrial Output, Foreign Trade Data Due
March 09 2017 - 07:10PM
RTTF2
Industrial production and foreign trade figures from the U.K.
are due on Friday, headlining a light day for the European economic
news.
At 2.00 am ET, Destatis is scheduled to issue Germany's foreign
trade data for January. Exports are forecast to rise 2 percent on
month and imports to grow 0.5 percent in January.
Also, Germany's labor cost and wholesale prices are due from
Destatis.
Statistics Norway releases consumer and producer prices for
February at 2.00 am ET. Economists forecast inflation to rise to
2.9 percent in February from 2.8 percent in January.
At 2.45 am ET, the French statistical office Insee publishes
industrial output data for January. Economists forecast industrial
production to grow 0.5 percent on month in January, following a 0.9
percent drop in December.
At 3.00 am ET, retail sales from Spain and trade data from
Hungary are due. Spain's retail sales are forecast to grow 2.5
percent annually, slower than December's 2.9 percent increase.
At 4.30 am ET, the Office for National Statistics is set to
issue UK industrial output and foreign trade figures. Industrial
production is forecast to fall 0.5 percent on month in January,
reversing a 1.1 percent rise in December.
The visible trade gap is forecast to widen to GBP 11.1 billion
in January from GBP 10.89 billion in December.
In the meantime, the Bank of England is slated to release
Inflation Attitudes survey.
At 5.00 am ET, Greece consumer price figures are due for
February. Prices had increased 1.2 percent annually in January.
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