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Financial News: European Economics Preview: UK Industrial Output Data Due

European Economics Preview: UK Industrial Output Data Due

04/11/2018 - 02:09:00 (RTTNews)

(RTTNews) - Industrial production and visible trade from the UK are due on Wednesday, headlining a light day for the European economic news.

At 2.30 am ET, the Bank of France is scheduled to release business sentiment survey results. The confidence index is seen unchanged at 105 in March.

At 4.00 am ET, Italy's Istat is slated to release retail sales for February. Sales are forecast to grow 0.3 percent on month, in contrast to a 0.5 percent decrease in January.

At 4.30 am ET, the Office for National Statistics is set to issue UK industrial output data for February. Economists forecast output to grow 0.4 percent month-on-month, slower than the 1.3 percent increase in January.

The UK visible trade deficit is seen narrowing to GBP 11.9 billion in February from GBP 12.3 billion in January.

At 7.00 am ET, the National Institute of Economic and Social Research is set to release UK GDP estimates for the first quarter.

At 8.00 am ET, Poland's central bank publishes the outcome of its monetary policy meeting. The bank is forecast to keep key rate unchanged at 1.50 percent.

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