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

European Economics Preview: Germany's Industrial Output Data Due

07/06/2018 - 01:08:00 (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 publish Germany's industrial output figures. Economists forecast production to grow 0.3 percent on month in May, in contrast to a 1 percent fall in April.

In the meantime, Norway's industrial production data is due.

At 2.45 am ET, France's foreign trade and current account figures are due. The trade deficit is seen at EUR 5.05 billion in May versus EUR 4.95 billion in April.

At 3.00 am ET, the Hungarian Central Statistical Office releases industrial output figures for May. Industrial output is expected to grow 1.7 percent on month, faster than the 0.2 percent rise in April.

Half an hour later, UK Halifax house price data is due. Economists forecast house prices to climb 0.2 percent on month in June, following May's 1.5 percent increase.

Sweden's budget balance data is also due at 3.30 am ET.

At 4.00 am ET, Italy's Istat is scheduled to publish retail sales figures for May. Sales are forecast to grow 0.5 percent on month in May, reversing a 0.7 percent fall in April.

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