European Economic News Preview: Germany GDP, Business Confidence Data Due
24 Novembre 2023 - 1:45AM
RTTF2
Quarterly national accounts and business sentiment survey
results from Germany are due on Friday, headlining a light day for
the European economic news.
At 2.00 am ET, Destatis is scheduled to issue Germany's detailed
GDP data for the third quarter. The initial estimate showed that
the largest euro area economy contracted 0.1 percent sequentially,
offsetting the 0.1 percent rise a quarter ago.
In the meantime, Statistics Sweden is set to release producer
prices for October. At 3.00 am ET, Spain's statistical office INE
releases producer price data for October. Prices had declined 8.6
percent annually in September.
At 4.00 am ET, Germany's ifo business confidence survey results
for November are due. The business climate index is expected to
rise to 87.5 from 86.9 in the previous month.
At 5.00 am ET, European Central Bank President Christine Lagarde
is set to speak at an event organized by the Deutsche Bundesbank in
Frankfurt, Germany.
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