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Financial News: European Economics Preview: Eurozone Economic Confidence D

European Economics Preview: Eurozone Economic Confidence Data Due

09/26/2019 - 23:50:00 (RTTNews)

(RTTNews) - Economic confidence data from euro area is due on Friday, headlining a busy day for the European economic news.

At 2.00 am ET, UK Nationwide house price data is due. House prices are forecast to gain 0.1 percent on month in September after staying flat a month ago.

In the meantime, import price data is due from Germany. Economists expect import prices to fall 2.7 percent on year in August following a 2.1 percent drop in July.

At 2.45 am ET, France's Insee publishes flash inflation, consumer spending and producer price figures. Flash inflation is forecast to remain unchanged at 1 percent in September.

Economists expect French consumer spending to rise 0.3 percent on month in August, slower than the 0.4 percent increase in July.

At 3.00 am ET, Hungary's unemployment data is due. The jobless rate is forecast to remain unchanged at 3.4 percent in August.

At 4.00 am ET, Italy's Istat releases business and consumer sentiment survey results. The consumer confidence index is seen at 112.3 in September versus 111.9 in August.

At 5.00 am ET, the European Commission is scheduled to issue euro area economic sentiment survey data. Economists forecast the economic confidence index to drop marginally to 103.0 in September from 103.1 in August.

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