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5:45 GMT
10
Jul 2009

European Economic Preview: U.K. Producer Price Data Due

(RTTNews) - Friday, a number of key statistical reports are due from European economies.

At 2.00am ET, wholesale price data for the month of June is due from Germany’s Federal Statistical Office.

At the same time, the Statistics Finland would be releasing a report on building cost index for June and another report on manufacturing new orders for May. Industrial output data for May is also scheduled to release.

At 2.45am ET, French industrial and manufacturing output data is due from the INSEE. Economists forecast a monthly increase of 0.4% and an annual drop of 17% in manufacturing output and a 0.2% monthly fall in industrial production.

At the same time, French current account data and central government balance report for May are due.

Inflation figures for June is slated to be out from the Spanish statistical office at 3.00am ET.

Italian industrial production data is scheduled to release from the ISTAT at 4.00am ET. On a monthly basis, production is expected to fall 1.1%.

Half an hour later, U.K.’s Office for National Statistics is likely to release a report on industrial producer prices. Producer input prices are forecast to rise 0.8% month-on-month and to fall by 12.1% year-on-year.

Output prices are expected to grow 0.3% on a monthly basis, while it may fall .8% annually. Core output price index is likely to rise 0.2% month-on-month and 1.1% year-on-year.

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

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