European Economics Preview: UK Inflation Data Due
May 17 2022 - 9:59PM
RTTF2
Consumer and producer prices from the UK and new car
registrations from Europe are the major reports due on
Wednesday.
At 2.00 am ET, the Office for National Statistics releases UK
consumer and producer prices for April. Inflation is expected to
climb to 9.1 percent in April from 7.0 percent in March. Output
price inflation is seen at 12.5 percent versus 11.9 percent in the
previous month.
In the meantime, the European Automobile Manufacturers'
Association is set to issue Europe new car registrations data for
April.
At 4.30 am ET, UK house price data is due from the Office for
National Statistics.
Half an hour later, Eurostat releases eurozone final HICP data.
The statistical office is set to confirm 7.5 percent inflation for
April.
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