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Financial News: European Economics Preview: Eurozone Flash Composite PMI D

European Economics Preview: Eurozone Flash Composite PMI Data Due

04/23/2018 - 01:53:00 (RTTNews)

(RTTNews) - Flash Purchasing Managers' survey data from euro area is due on Monday, headlining a light day for the European economic news.

At 3.00 am ET, IHS Markit is set to issue France's composite PMI report. The composite index is expected to drop to 55.9 in April from 56.3 in March.

Half an hour later, Germany's flash PMI is due. Economists forecast the composite PMI to fall to 54.8 in April from 55.1 a month ago.

At 4.00 am ET, Eurozone flash composite PMI is due. The indicator is seen at 54.8 in April versus 55.2 a month ago.

In the meantime, Poland's retail sales data is due. Economists forecast retail sales to grow 7.9 percent on year in March following February's 7.7 percent increase.

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