European Economic News Preview: Eurozone Inflation, Unemployment Data Due
31 Oktober 2024 - 3:54AM
RTTF2
Inflation and unemployment from the euro area and retail sales
from Germany are the top economic news due on Thursday.
At 3.00 am ET, Destatis is scheduled to issue Germany's retail
sales and import prices for September. Economists forecast retail
sales to fall 0.7 percent on month in September. Import prices are
expected to drop 0.4 percent on month, the same rate of decline as
seen in August.
At 3.45 am ET, France's flash inflation data is due. Consumer
price inflation is expected to rise to 1.9 percent in October from
1.1 percent in September.
At 5.00 am ET, Italy's statistical office ISTAT releases
unemployment data for September. The jobless rate is seen unchanged
at 6.2 percent.
At 6.00 am ET, Eurostat is scheduled to issue euro area flash
inflation and unemployment data. Inflation is expected to rise to
1.9 percent in October from 1.7 percent in September. The jobless
rate is seen unchanged at 6.4 percent.
In the meantime, preliminary inflation figures are due from
Italy.
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