(RTTNews) - Friday, the month of August is set to end with the release of key inflation data and economic sentiment report from Eurozone.

At 2.00 am ET, the German wholesale turnover data for July is due. The turnover achieved by wholesale trade in June had increased 2.6% annually in real terms.

In the meantime, the Statistics Estonia is slated to issue the retail trade report for July. Retail sales of goods had recorded an annual fall of 7% in June.

An hour later, the Spanish retail sales report and Hungarian producer price inflation data are due from the National Institute of Statistics and the Hungarian Central Statistical Office, respectively. Spanish retail sales is forecast to fall 10.2% year-on-year in July, severe than the 9.8% decrease in June.

At 3.30 am ET, the Statistical Sweden is set to release the current account balance details for the second quarter.

Thereafter, the Italian as well as Norwegian retail sales data are due at 4.00 am ET. Italian retail sales are forecast to fall 0.5% year-on-year in June following a 0.5% rise in May. Meanwhile, the Norwegian retail sales growth in July is seen at 2.8% annually versus 0.1% rise in June.

At the same time, the Czech money supply data and Polish GDP results are due.

Afterwards, the Eurostat is set to release the flash estimate for Eurozone consumer price inflation data and unemployment details at 5.00 am ET. Annual inflation is seen at 4% in August, the same as in July. Meanwhile, the jobless rate is predicted to stay unchanged at 7.3% in July.

In the meantime, the Eurozone business as well as consumer confidence survey results are due from the European Commission. The business confidence index is seen at minus 0.3 versus minus 0.21 in July. Meanwhile, consumer sentiment is forecast to remain stable at minus 20 in August.

The Italian statistical office, ISTAT is slated to issue preliminary estimate for CPI inflation for August at 5.00 am ET itself. Inflation is expected to slow to 4% from July’s 4.1%. At the same time, the Icelandic trade balance for July is also due.

At 5.30 am ET, the Swiss Institute for Business Cycle Research, or KOF is expected to release the leading indicator for August. The leading index is seen at 0.83 in August versus 0.9 in July.

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