European Economics Preview: UK Inflation Data Due
21 Mars 2017 - 1:41AM
RTTF2
Consumer and producer prices and public sector finance reports
from the UK are due on Tuesday, headlining a light day for the
European economic news.
At 3.00 am ET, Switzerland's foreign trade data is due for
February. The trade surplus totaled CHF 4.73 billion in
January.
In the meantime, Statistics Finland publishes unemployment data.
The jobless rate stood at 9.2 percent in January.
At 5.30 am ET, the Office for National Statistics is set to
issue UK consumer and producer prices for February. Inflation is
forecast to accelerate to 2.1 percent from 1.8 percent in
January.
Economists forecast UK output prices to rise 3.7 percent
annually, following a 3.5 percent rise a month ago. The budget
balance is seen at GBP 3.2 billion compared to a shortfall of GBP
9.4 billion in January.
At 7.00 am ET, the Confederation of British Industry is set to
issue Industrial Trends survey results. The order book balance is
seen falling to 5 percent in March from 8 percent in February.
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