European Economics Preview: UK Services PMI Data Due
October 03 2017 - 9:55PM
RTTF2
Purchasing Managers' survey from the UK and retail sales from
euro area are due on Wednesday, headlining a light day for the
European economic news.
At 3.00 am ET, retail sales data from Hungary is due. Sales are
forecast to grow 4.4 percent on year in August, following a 4.2
percent rise in July.
At 3.45 am ET, IHS Markit is slated to release Italy's services
PMI data. The index is expected to fall to 55 in September from
55.1 in August.
Thereafter, final composite PMI figures are due from France and
Germany at 3.50 and 3.55 am ET, respectively.
At 4.00 am ET, IHS Markit publishes Eurozone composite PMI
report. The final reading is expected to match the flash score of
56.7 in September.
At 4.30 am ET, UK Markit/CIPS is scheduled to release services
PMI for September. Economists forecast the reading to remain
unchanged at 53.2.
At 5.00 am ET, Eurostat is scheduled to issue euro area retail
sales data. Sales are forecast to grow 0.3 percent on month in
August, in contrast to a 0.3 percent fall in July.
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