(RTTNews) - Among Wednesday’s scheduled economic data releases from European economies, two reports on Germany’s labor market and Eurozone producer price data are expected to make news.

At 2.00am ET, Germany’s Federal Statistical Office is slated to release reports on ILO labor market statistics and wholesale turnover for November. Economists are expecting the rate to remain unchanged at 7.1%.

Hungary’s statistical office is also expected to release report on labor market at 3.00am ET.

Germany’s Federal Labor Agency is expected to announce results of the labor market survey for December at 3.55am ET. Economists forecast the unemployment rate to remain unchanged at 7.5%. The number of unemployed is expected to increase 10,000 after falling the same amount in November to 3.15 million.

At 5.00am ET, Eurozone November producer price index data is due from the Eurostat. The PPI is forecast to fall 1% on a monthly basis, while the annual growth is expected to ease to 4.4% from 6.3%.

Half an hour later, the British Retail Consortium is expected to release the shop price index data for December.

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Posted in Categories: Economy, Eurozone, Forex, Releases, UK.

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