European Economics Preview: Eurozone Consumer Prices, Foreign Trade Data Due
Final consumer prices and foreign trade figures from euro area are due on Friday, headlining a light day for the European economic news.
At 2.00 am ET, the European Automobile Manufacturers Association is set to issue Europe’s new car registrations data. Sales had declined 18.9 percent annually in August.
At 3.00 am ET, the Czech Statistical Office releases producer prices for September. Prices are forecast to drop 0.7 percent annually after falling 0.5 percent in August.
At 4.00 am ET, Italy’s final consumer price data is due. Prices are forecast to fall 0.5 percent annually, as initially estimated in September.
At 5.00 am ET, Eurostat is scheduled to publish euro area final consumer prices and foreign trade data. According to flash estimate, consumer prices dropped 0.3 percent on year in September, following a 0.2 percent decrease in August.
The euro area trade surplus is forecast to fall to EUR 15.1 billion in August from EUR 27.9 billion in July.
The material has been provided by InstaForex Company – www.instaforex.com