European Economics Preview: Germany Flash Inflation Data Due
01 March 2022 - 12:47PM
RTTF2
Flash consumer price data from Germany and final manufacturing
Purchasing Managers' survey results from major euro area economies
are due on Tuesday, headlining a busy day for the European economic
news.
At 3.00 am ET, manufacturing Purchasing Managers' survey results
are due from Poland and Turkey. Also, the Czech GDP data is
due.
At 3.15 am ET, IHS Markit is slated to issue Spain's
manufacturing PMI data. Economists expect the factory PMI to drop
marginally to 56.1 in February from 56.2 in the previous month.
At 3.45 am ET, Italy's factory PMI survey results are due. The
manufacturing PMI is seen at 58.0 in February versus 58.3 a month
ago. Thereafter, final PMI survey results are due from France and
Germany at 3.50 am and 3.55 am ET, respectively.
At 4.00 am ET, IHS Markit is scheduled to issue eurozone final
manufacturing PMI data.
Half an hour later, the Bank of England releases mortgage
approvals data for January. The number of mortgages approved in
January is seen at 72,000 versus 71,020 in the previous month.
Also, UK Markit/CIPS final manufacturing PMI survey data is
due.
At 5.00 am ET, Italy's Istat is slated to release flash consumer
and harmonized consumer price data.
At 8.00 am ET, Destatis is set to issue Germany's flash consumer
and harmonized consumer price data for February. Consumer price
inflation is forecast to rise to 5.1 percent from 4.9 percent in
the prior month.
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