European Economics Preview: UK Industrial Output, Foreign Trade Data Due
09 Febbraio 2018 - 2:38AM
RTTF2
Industrial production and foreign trade from the UK are due on
Friday, headlining a light day for the European economic news.
At 1.45 am ET, the State Secretariat for Economic Affairs is
scheduled to issue Swiss unemployment data. The jobless rate is
seen unchanged at 3 percent in January.
At 2.00 am ET, Statistics Norway publishes consumer and producer
prices for January. Inflation is expected to remain unchanged at
1.6 percent.
At 2.45 am ET, industrial and manufacturing output figures are
due from France. Economists forecast industrial output to gain 0.1
percent on month in December, in contrast to a 0.5 percent fall in
November.
At 3.00 am ET, Hungary's preliminary foreign trade data is due.
The trade surplus is expected to decrease to EUR 455 million in
December from EUR 713 million in November.
At 4.00 am ET, Italy's statistical office Istat publishes
industrial output data for December. Output is expected to grow 0.8
percent on month after staying flat in November.
Half an hour later, the Office for National Statistics issues UK
industrial production and trade data. Industrial output is expected
to fall 0.9 percent month-on-month in December, in contrast to a
0.4 percent rise in November.
The visible trade deficit is seen at GBP 11.55 billion in
December versus a shortfall of GBP 12.23 billion in November.
At 5.30 am ET, Russia's central bank is set to announce its rate
decision. The bank is widely expected to cut its key rate to 7.50
percent from 7.75 percent.
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