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Financial News: European Economics Preview: Germany's Industrial Output Da

European Economics Preview: Germany's Industrial Output Data Due

04/06/2018 - 01:38:00 (RTTNews)

(RTTNews) - Industrial production from Germany is due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is slated to issue Germany's industrial output for February. Output is expected to grow 0.3 percent on month, in contrast to a 0.1 percent fall in January.

At 2.45 am ET, foreign trade and current account figures are due from France. The trade deficit is forecast to narrow to EUR 5.3 billion in February from EUR 5.56 billion in January.

At 3.00 am ET, Spain's INE releases industrial output data for February. Economists forecast production to grow 3 percent annually, faster than the 1.2 percent increase seen in January.

In the meantime, industrial and construction output and retail sales reports are due from the Czech Republic.

Also, Hungary's industrial output data is due. Production is expected to climb 0.9 percent on month in February, slower than January's 1.5 percent growth.

At 3.30 am ET, IHS Markit is scheduled to issue Germany's construction Purchasing Managers' survey results.

At 4.30 am ET, the Bank of England is set to publish UK housing equity withdrawal data.

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