(RTTNews) - Tuesday, a slew of statistical reports are due from European economies. Among the major reports, consumer price inflation data from the United Kingdom and France are expected to dominate the scene.

At 2:45 am ET, France’s National Institute of Statistics and Economic Studies is set to release consumer price figures for September. Economists expect consumer prices to drop 0.1% on month, compared to the 0.5% increase in August. Annual decline for September is seen at 0.2%. At the same time, the Harmonized Index of Consumer Prices are expected to remain flat, following the 0.6% rise in the previous month. Annually, the index is forecast to decrease 0.2%, the same as in the preceding month.

The French current account balance for August is also due at 2:45 am ET. Last month, the current account recorded a deficit of EUR 1.2 billion.

The Hungarian Central Statistical Office is scheduled to issue consumer price inflation data for September at 3:00 am ET. Annual inflation is expected to rise to 5.2% from 5% in August.

At 3:15 am ET, the Swiss statistical office is slated to release producer and import prices data for September. Year-on-year, producer and import prices are expected to fall 4.9%, slower than the 5.5% decline in the prior month. Month-on-month, prices are forecast to rise 0.1%, the same pace as in August.

The Dutch trade balance for August is due at 3:30 am ET. A trade surplus of EUR 3.2 billion was recorded in July.

The Statistics Sweden is slated to issue consumer prices for September at the same time. Consumer prices are expected to fall 1.4% from the previous year, faster than the 0.8% drop seen in August. Month-on-month, prices are expected to rise 0.4% compared to the 0.2% increase in the prior month.

At 4:00 am ET, the Bulgarian CPI data for September is due. In August, prices had increased 1.3% annually but decreased 0.2% on a monthly basis.

Half an hour later, the British CPI is due from the Office for National Statistics. Economists expect annual inflation to ease to 1.3% from 1.6% in August. Prices are expected to rise 0.3% on month, slower than the 0.4% increase in the prior month. At the same time, retail prices are expected to fall 1.5% on a yearly basis.

In the meantime, the Department of Communities and Local Government is expected to issue August’s house price data. Economists forecast UK house prices to drop 4.9% annually in August, following July’s 8.3% fall.

At 5:00 am ET, the Centre of European Economic Research or ZEW is scheduled to release German economic sentiment survey results. Economic sentiment is expected to rise to 58.8 from 57.7 in the previous month. At the same time, Eurozone economic sentiment is forecast to rise to 61.2 in October from 59.6 last month.

Consumer price data from Portugal is also due at 5:00 am ET. Last month, prices were down 1.3% annually and down 0.3% on a monthly basis.

At 8:00 am ET, the Poland’s current account data for August is due. The current account deficit for August is seen at EUR 48 million.

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

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