European Economics Preview: UK Industrial Output, Trade Data Due
08 Septembre 2017 - 3:46AM
RTTF2
Industrial production and foreign trade from the UK are due on
Friday, headlining a busy day for the European economic news.
At 1.45 am ET, Swiss unemployment data is due. The jobless rate
is seen unchanged at 3.2 percent in August.
At 2.00 am ET, Destatis is scheduled to release Germany's
external trade data. Exports are forecast to grow 1.3 percent on
month and imports to rise 2.8 percent in July.
At 2.45 am ET, the French statistical office Insee releases
industrial output data. Economists forecast production to grow 0.5
percent on month in July, reversing a 1.1 percent fall in June.
At 3.00 am ET, industrial production from Spain and Turkey and
consumer prices from Hungary are due. Spain's industrial output is
forecast to grow 2.7 percent on year in July.
At 4.30 am ET, the Office for National Statistics releases UK
industrial output and trade data. Industrial output is expected to
grow 0.2 percent on month in July following a 0.5 percent rise in
June.
The UK visible trade deficit is forecast to narrow to GBP 12
billion in July from GBP 12.7 billion in June.
In the meantime, Bank of England is set to release inflation
expectations survey.
At 5.00 am ET, Greece inflation data is due for August. Consumer
prices had advanced 1 percent on year in July.
At 8.00 am ET, the National Institute of Economic and Social
Research is slated to issue UK GDP estimate for August.
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