European Economic News Preview: UK GDP Data Due
12 Januar 2024 - 1:32AM
RTTF2
GDP, industrial production and foreign trade reports are due
from the UK on Friday, headlining a light day for the European
economic news.
At 2.00 am ET, the Office for National Statistics releases UK
GDP, industrial production and foreign trade figures. Economists
forecast GDP to grow 0.2 percent on month, in contrast to the 0.3
percent decrease in October.
UK industrial production is expected to expand 0.3 percent,
reversing a 0.8 percent drop in October. The visible trade deficit
is seen narrowing to GBP 15.7 billion from GBP 17.03 billion in
October.
At 2.30 am ET, the Hungarian Central Statistical Office releases
consumer prices and industrial production. Inflation is seen easing
to 6.0 percent in December from 7.9 percent in November.
At 2.45 am ET, France's statistical office INSEE publishes final
inflation figures for December. Consumer price inflation is seen
rising to 3.7 percent, as initially estimated, from 3.5 percent in
October.
At 3.00 am ET, the Czech Statistical Office publishes retail
sales for November.
In the meantime, final inflation figures are due from Spain. The
final consumer price inflation is expected to ease to 3.1 percent
in December, as initially estimated, from 3.2 percent in November.
At 5.00 am ET, the Hellenic Statistical Authority releases Greece
inflation figures for December.
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