European Economics Preview: UK Industrial Output Data Due
August 09 2017 - 9:48PM
RTTF2
Industrial production from France and the UK are due on
Thursday, headlining a busy day for the European economic news.
At 2.00 am ET, Finland's industrial production data is due. In
the meantime, Statistics Norway is set to publish consumer and
producer prices for July. Inflation is expected to narrow to 1.1
percent in July from 1.6 percent in June.
At 2.45 am ET, the statistical office Insee publishes France's
industrial production data. Production is expected to fall 0.6
percent on month in June following a 1.9 percent rise in May.
At 3.30 am ET, Sweden's industrial production data is due.
Economists forecast production to fall 0.3 percent on month in
June, in contrast to a 2.1 percent rise in May.
At 4.30 am ET, the Office for National Statistics is scheduled
to release UK industrial output and foreign data. Economists
forecast industrial production to climb 0.1 percent and
manufacturing to remain flat on a monthly basis in June.
The UK visible trade deficit is seen narrowing to GBP 11 billion
in June from GBP 11.86 billion in May.
At 5.00 am ET, Greece unemployment data is due. The jobless rate
is forecast to fall to 21.3 percent in May from 21.7 percent in
April.
At 8.00 am ET, the National Institute of Economic and Social
Research is set to release UK GDP estimate for three months to
July.
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