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Financial News: European Economics Preview: Eurozone Final PMI, Retail Sal

European Economics Preview: Eurozone Final PMI, Retail Sales Data Due

05/04/2018 - 01:46:00 (RTTNews)

(RTTNews) - Final Purchasing Managers' survey and retail sales figures from euro area are due on Friday, headlining a busy day for the European economic news.

At 2.45 am ET, foreign trade data from France is due. The trade deficit is expected to narrow to EUR 5 billion in March from EUR 5.19 billion in February.

At 3.00 am ET, retail sales data from Hungary is due. Sales are forecast to grow 6 percent on year in March, slower than the 6.6 percent increase in February.

At 3.30 am ET, Statistics Sweden releases industrial orders and production figures. Production is expected to climb 5.1 percent on year in March, slower than February's 5.7 percent increase.

Thereafter final PMI figures are due from France and Germany.

At 4.00 am ET, IHS Markit is slated to publish final euro area PMI data. The composite index is expected to match the flash estimate of 55.2 in April.

At 5.00 am ET, Eurostat is scheduled to issue euro area retail sales for March. Sales are forecast to grow 0.5 percent on month in March, faster than the 0.1 percent increase in February.

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