European Economics Preview: U.K. Inflation Data Due
January 16 2017 - 7:58PM
RTTF2
Consumer prices from the U.K. and economic confidence from
Germany are the major reports due on Tuesday.
At 2.00 am ET, the European Automobile Manufacturers Association
is scheduled to issue new car registration figures for December.
Sales had increased 5.8 percent year-on-year in November.
At 4.00 am ET, the European Central Bank releases bank lending
survey results.
Half an hour later, the Office for National Statistics publishes
consumer and producer prices for December. U.K. inflation is
forecast to accelerate to 1.4 percent in December from 1.2 percent
in November.
Economists forecast output prices to rise 2.9 percent annually,
following a 2.3 percent increase in November. Input price inflation
is seen increasing to 15.5 percent from 12.9 percent.
At 5.00 am ET, Germany's ZEW economic sentiment survey results
are due. The economic confidence index is forecast to climb to 18.4
in January from 13.8 in December.
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