European Economics Preview: Germany's GDP, Economic Sentiment Data Due
14 November 2017 - 12:37PM
RTTF2
Quarterly national accounts and economic confidence from Germany
and inflation from the UK are due on Tuesday, headlining a busy day
for the European economic news.
At 2.00 am ET, Destatis is slated to issue Germany's GDP and
final CPI data. The largest euro area economy is forecast to grow
0.6 percent sequentially in the third quarter.
In the meantime, final consumer price figures are due from
Germany. Inflation is expected to match the flash estimate of 1.6
percent in October.
At 3.00 am ET, GDP from the Czech Republic and Hungary are due.
Also, Spain's INE releases final CPI data.
At 3.15 am ET, Switzerland's Federal Statistical Office releases
producer and import prices for October. Producer and import prices
had climbed 0.8 percent annually in September.
At 3.30 am ET, Statistics Sweden is set to publish consumer
price figures for October.
At 4.00 am ET, Italy's GDP data is due. The economy is forecast
to grow 0.5 percent on quarter in three months to September.
At 4.30 am ET, the Office for National Statistics is slated to
issue UK consumer and producer prices for October. Inflation is
seen rising to 3.2 percent from 3 percent in September.
At 5.00 am ET, Eurostat publishes euro area GDP and industrial
production reports. The currency bloc is forecast to grow 0.6
percent in the third quarter, in line with flash estimate.
Economists forecast Eurozone industrial output to fall 0.6
percent on month in September, reversing a 1.4 percent rise in
August.
In the meantime, Germany's ZEW economic sentiment survey data is
due. The economic confidence index is expected to rise to 18.1 in
November from 17.6 in October.
Also, Greece GDP and Italy's final inflation figures are due at
5.00 am ET.
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