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Financial News: European Economics Preview: Eurozone Economic Sentiment Da

European Economics Preview: Eurozone Economic Sentiment Data Due

05/30/2017 - 01:35:00 (RTTNews)

(RTTNews) - Economic confidence from euro area and inflation figures from Germany are due on Tuesday, headlining a busy day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's import prices for April. Economists forecast import prices to rise 0.1 percent month-on-month in April, reversing a 0.5 percent fall in March.

At 2.45 am ET, the French statistical office Insee releases second estimate of GDP, household spending and monthly consumer confidence data.

At 3.00 am ET, Spain's flash inflation data is due for May. Inflation was at 2.6 percent in April.

At 3.30 am ET, Statistics Sweden publishes first quarter GDP and retail sales for April. GDP had expanded 1 percent sequentially in the fourth quarter.

At 5.00 am ET, Eurozone economic sentiment survey results are due. The economic confidence index is forecast to rise to 110.1 in May from 109.6 in April.

At 8.00 am ET, Germany's flash inflation data is due. Consumer prices are forecast to rise 1.6 percent annually in May, slower than the 2 percent increase seen in April.

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