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

European Economics Preview: UK Industrial Output Data Due

11/10/2017 - 01:20:00 (RTTNews)

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

At 2.00 am ET, Statistics Norway releases consumer and producer prices for October. Inflation is forecast to ease to 1.4 percent in October from 1.6 percent in September.

In the meantime, industrial production data from Finland is due.

At 2.45 am ET, the statistical office Insee releases France's industrial production data for September. Economists forecast industrial output to grow 0.5 percent on month, reversing a 0.3 percent fall in August.

At 4.00 am ET, Italy's Istat is slated to issue industrial production figures for September. Production is expected to fall 0.3 percent month-on-month in September, reversing a 1.2 percent rise in August.

At 4.30 am ET, the Office for National Statistics releases UK industrial production and foreign trade reports. Economists forecast industrial output to climb 0.3 percent on month in September, slightly faster than the 0.2 percent increase logged in August.

The visible trade deficit is seen narrowing to GBP 12.8 billion in September from GBP 14.25 billion in August.

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