European Economic News Preview: Germany Wholesale Price Data Due
May 27 2024 - 9:59PM
RTTF2
Wholesale price data from Germany is the only major report due
on Tuesday, headlining a light day for the European economic
news.
At 2.00 am ET, Destatis is scheduled to issue Germany's
wholesale prices for April. Economists forecast wholesale prices to
rise 0.1 percent on month, in contrast to the 0.2 percent rise in
March.
In the meantime, foreign trade from Sweden and retail sales and
household consumption figures from Norway are due.
At 6.00 am ET, the Confederation of British Industry publishes
monthly Distributive Trades survey results. The UK retail sales
balance is expected to improve to -24 percent in May from -44
percent in April.
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