European Economic News Preview: UK Unemployment Data Due
12 Dicembre 2023 - 1:51AM
RTTF2
Unemployment from the UK and economic sentiment from Germany are
the major economic reports due on Tuesday, headlining a light day
for the European economic news.
At 2.00 am ET, the Office for National Statistics releases UK
unemployment data for October. The jobless rate is forecast to
remain unchanged at 4.2 percent in three months to October.
In the meantime, Destatis is scheduled to issue Germany's
wholesale prices for November. Prices had decreased 4.2 percent
annually in October. Also, Statistics Norway releases GDP data for
October. GDP is expected to grow 0.1 percent on month after
shrinking 2.3 percent in September.
At 5.00 am ET, Germany's ZEW economic confidence survey results
are due. The economic sentiment index is seen at 8.8 in December
compared to 9.8 in November.
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