By Jon Sindreu

LONDON--Economists next week will be watching for continued declines in prices in the eurozone, as well as for the fallout from Sunday's general election in Greece.

Data are expected to show prices continued to dip in the eurozone in January, driven by the falling price of oil.

Median forecasts by analysts polled by The Wall Street Journal see overall inflation in the 19 countries that share the single currency dropping further to a negative 0.5% year-on-year in January, compared with minus 0.2% in December. Figures are also set to show prices kept plummeting in Germany and Spain during the same period.

To address subdued prices and the danger of deflation across the eurozone, the European Central Bank Thursday outlined new plans to bolster economic activity: A program of government bond purchases worth over 1 trillion euros ($1.15 trillion), a policy known as quantitative easing, or QE.

The main focus of interest for economists, however, will be the aftermath of Sunday's general election in Greece and the negotiations to form a coalition government that are likely to take place during the week.

"The outcome of Sunday's election in Greece could conceivably deal the euro a further blow if the anti-austerity party, Syrzia, unexpectedly wins an outright majority. We will be reassessing our forecasts for the currency once we know that result," John Higgins, economist at Capital Economics, said in a weekly note released Friday.

 
Date     GMT    Indicator                          Period   Forecast        Previous 
Jan 26   1000 GERMANY Ifo Business climate         Jan      106.5 (28)      105.5 
Jan 26   1000 GERMANY Ifo Current situation        Jan      111.0 (19)      109.8 
Jan 26   1000 GERMANY Ifo Business expectations    Jan      102.5 (19)      101.4 
Jan 28   0800 GERMANY Import prices                Dec      -1.5%MM (8)     -0.8% 
Jan 28   0800 GERMANY Import prices                Dec      -3.5%YY (8)     -2.1% 
Jan 28   0800 GERMANY GfK Consumer climate         Feb      9.1 (21)        9.0 
Jan 29   0955 GERMANY Unemployment change          Jan      -10.000 (16)    -27.000 
Jan 29   0955 GERMANY Unemployment rate            Jan      6.5% (22)       6.5% 
Jan 29   1000 EUROZONE M3 money supply             Dec      +3.6%YY (22)    +3.1% 
Jan 29   1000 EUROZONE M3 3m average               Dec      +3.1%YY (6)     +2.7% 
Jan 29   1100 ITALY Consumer confidence            Jan      99.9 (10)       99.7 
Jan 29   1100 EUROZONE Economic sentiment          Jan      101.7 (20)      100.7 
Jan 29   1100 EUROZONE Industrial confidence       Jan      -4.5 (16)       -5.2 
Jan 29   1100 EUROZONE Consumer confidence         Jan      -8.5 (11)       -8.5p/-10.9 
Jan 29   1100 EUROZONE Business climate            Jan      +0.10 (6)       +0.04 
Jan 29   1400 GERMANY CPI preliminary              Jan      -0.8%MM (18)    +0.0% 
Jan 29   1400 GERMANY R CPI preliminary            Jan      +0.0%YY (22)    +0.2% 
Jan 29   1400 GERMANY HCPI preliminary             Jan      -1.0%MM (16)    +0.1% 
Jan 29   1400 GERMANY R HCPI preliminary           Jan      -0.2%YY (16)    +0.1% 
Jan 30   0800 GERMANY Retail sales                 Dec      +0.5%MM (12)    +0.5% 
Jan 30   0845 FRANCE Household consumption         Dec      +0.5%MM (7)     +0.4% 
Jan 30   0845 FRANCE Household consumption         Dec      -0.7%YY (6)     -1.1% 
Jan 30   0900 SPAIN HCPI                           Jan      -1.5%YY (7)     -1.1% 
Jan 30   0900 SPAIN GDP preliminary                4Q       +0.6%QQ (12)    +0.5% 
Jan 30   0900 SPAIN GDP preliminary                4Q       +1.9%YY (7)     +1.6% 
Jan 30   1100 EUROZONE HCPI preliminary            Jan      -0.5%YY (26)    -0.2% 
Jan 30   1100 EUROZONE Core HCPI preliminary       Jan      +0.7%YY (17)    +0.7% 
Jan 30   1100 EUROZONE Unemployment rate           Dec      11.5% (23)      11.5%

(Figures in parentheses refer to number of economists surveyed. p = preliminary)

Write to Jon Sindreu at jon.sindreu@wsj.com