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Financial News: European Economics Preview: Eurozone Retail Sales Data Due

European Economics Preview: Eurozone Retail Sales Data Due

07/03/2019 - 23:46:00 (RTTNews)

(RTTNews) - Retail sales data from euro area is due on Thursday, headlining a light day for the European economic news.

At 12.30 am ET, Dutch consumer price figures are due for June. Inflation had eased to 2.4 percent in May from 2.9 percent in April.

At 2.30 am ET, Swiss inflation data is due from the Federal Statistical Office. Economists forecast consumer price inflation to ease to 0.5 percent in June from 0.6 percent in May.

At 3.00 am ET, May retail sales figures are due from Hungary. Sales are forecast to climb 6.2 percent annually after rising 7.1 percent in April.

At 3.30 am ET, IHS Markit publishes Germany's construction PMI data for June.

At 4.00 am ET, the Society of Motor Manufacturers & Traders is scheduled to issue UK car sales data for June. Sales had declined 4.6 percent on year in May.

At 5.00 am ET, Eurostat releases euro area retail sales for May. Sales are forecast to grow 0.4 percent on month, reversing a 0.4 percent drop in April.

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