European Economics Preview: German Unemployment, CPI Data Due
April 27 2016 - 9:11PM
RTTF2
Unemployment and consumer price figures from Germany are due on
Thursday, headlining a busy day for the European economic news.
At 2.00 am ET, U.K. Nationwide house price data is due.
Economists forecast house prices to rise 5 percent on a yearly
basis in April following a 5.7 percent increase in March.
At 3.00 am ET, flash consumer prices from Spain and unemployment
from Hungary are due. Spain's flash consumer prices are forecast to
fall 0.7 percent on a yearly basis in April after easing 0.8
percent in March.
At 3.30 am ET, Statistics Sweden is set to release retail sales
for March. Sales are forecast to grow 0.4 percent month-on-month,
reversing a 0.2 percent drop in February.
At 3.55 am ET, the Federal Labor Agency is scheduled to release
German unemployment data. The jobless rate is seen unchanged at a
seasonally adjusted 6.2 percent in April.
At 4.00 am ET, hourly wages from Italy and retail sales from
Norway are due. Economists forecast sales to grow 0.4 percent
month-on-month in March, reversing a 0.5 percent fall in
February.
At 5.00 am ET, the European Commission is slated to publish euro
area economic confidence survey results. The economic sentiment
index is seen at 103.4 in April compared to 103 in March.
At 5.30 am ET, U.K. Finance Minister George Osborne is set to
speak at Parliament's Treasury Committee.
At 8.00 am ET, Destatis publishes German consumer prices for
April. Inflation is forecast to ease marginally to 0.2 percent in
April from 0.3 percent in March.
CHF vs Yen (FX:CHFJPY)
Forex Chart
From Apr 2024 to May 2024
CHF vs Yen (FX:CHFJPY)
Forex Chart
From May 2023 to May 2024