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Financial News: European Economics Preview: Germany's Retail Sales, Inflat

European Economics Preview: Germany's Retail Sales, Inflation Data Due

04/30/2018 - 01:10:00 (RTTNews)

(RTTNews) - Retail sales and flash inflation figures from Germany are due on Monday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is slated to release Germany's retail sales figures. Sales are forecast to grow 0.8 percent on month in March, in contrast to a 0.5 percent drop in February.

At 3.00 am ET, Swiss KOF leading index is due. The index reading is expected to rise to 106.3 in April from 106.0 a month ago.

At 4.00 am ET, the European Central Bank is set to publish M3 money supply data for March. Economists forecast M3 to grow 4 percent annually, slower than the 4.2 percent increase in February.

In the meantime, consumer prices from Poland is due for April.

At 5.00 am ET, flash consumer price data is due from Italy.

At 8.00 am ET, Destatis is set to release Germany's flash consumer prices for April. Economists forecast inflation to slow to 1.5 percent in April from 1.6 percent in March.

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