European Economic News Preview: UK Inflation Data Due
19 Luglio 2023 - 3:52AM
RTTF2
Consumer and producer prices data from the UK is the top
economic news due on Wednesday, headlining a light day for the
European economic news.
At 2.00 am ET, the Office for National Statistics releases UK
consumer and producer prices for June. Consumer price inflation is
forecast to slow to 8.2 percent from 8.7 percent in May. Output
price inflation is seen at 0.5 percent compared to 2.9 percent in
the previous month.
In the meantime, the European Automobile Manufacturers'
Association is slated to issue Europe's new car registrations data
for June. Sales had increased 18.5 percent annually in May.
At 3.00 am ET, final consumer price data is due from
Austria.
In the meantime, the Czech Statistical Office releases producer
prices for June. Producer price inflation is forecast to slow to
1.9 percent in June from 3.6 percent in May.
At 5.00 am ET, Eurostat is set to issue euro area final consumer
price figures for June. The preliminary estimate showed that
inflation slowed to 5.5 percent in June from 6.1 percent in
May.
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