European Economic News Preview: UK Retail Sales Data Due
17 November 2023 - 1:38AM
RTTF2
Retail sales from the UK and final inflation from the euro area
are the top economic news due on Friday.
At 2.00 am ET, the Office for National Statistics releases UK
retail sales figures for October. Sales are forecast to fall 0.3
percent on month, in contrast to the 0.9 percent fall in
September.
In the meantime, unemployment data is due from Sweden.
At 3.00 am ET, final consumer price data is due from Austria.
The flash estimate showed that inflation eased to 5.4 percent in
October from 6.0 percent in September.
At 3.30 am ET, European Central Bank President Christine Lagarde
is set to speak at 33rd Frankfurt European Banking Congress in
Germany.
At 4.00 am ET, the ECB publishes euro area current account data
for September. The surplus is forecast to fall to EUR 20.3 billion
from EUR 27.7 billion in August. At 5.00 am ET, Eurostat releases
euro area final HICP data for October. Inflation is forecast to
ease to 2.9 percent, as initially estimated, from 4.3 percent in
September.
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