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Financial News: European Economics Preview: UK Inflation Data Due

European Economics Preview: UK Inflation Data Due

03/20/2018 - 01:11:00 (RTTNews)

(RTTNews) - Inflation from the UK and economic sentiment from Germany are due on Tuesday, headlining a busy day for the European economic news.

At 2.45 am ET, the State Secretariat for Economic Affairs releases Swiss quarterly economic forecast.

At 3.00 am ET, Destatis is slated to issue Germany's producer prices for February. Economists producer prices to rise 2 percent on year, slower than the 2.1 percent increase seen in January.

In the meantime, unemployment from Finland and consumer confidence from Turkey are due.

At 4.00 am ET, Hungary's average gross wages are due. Economists forecast wages to climb 12 percent on year in January, slower than the 13.5 percent rise seen in December.

At 5.30 am ET, the Office for National Statistics releases UK consumer and producer prices for February. Inflation is forecast to ease to 2.8 percent from 3 percent in January.

UK output price inflation is seen at 2.7 percent versus 2.8 percent in January. Likewise, input price inflation is expected to ease to 3.8 percent from 4.7 percent.

At 6.00 am ET, Germany's ZEW economic confidence survey results are due. The economic confidence index is expected to fall to 13 in March from 17.8 in February.

At 11.00 am ET, Eurozone consumer confidence survey results are due. The sentiment index is seen at zero in March versus 0.1 in February.

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