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Financial News: European Economics Preview: UK Inflation Data Due

European Economics Preview: UK Inflation Data Due

07/18/2017 - 01:15:00 (RTTNews)

(RTTNews) - Consumer and producer prices from the UK and economic confidence from Germany are due on Tuesday, headlining a light day for the European economic news.

At 3.00 am ET, Austria's consumer price figures are due.

At 4.30 am ET, the Office for National Statistics is slated to issue UK consumer and producer price data. Inflation is forecast to remain unchanged at 2.9 percent in June.

Economists forecast output prices to climb 3.4 percent annually in June after rising 3.6 percent in May.

At 5.00 am ET, Germany's ZEW economic confidence survey results are due. The economic confidence index is forecast to fall to 18 in July from 18.6 in June.

At 8.00 am ET, Hungary's central bank announces its interest rate decision. The bank is expected to keep its rate unchanged at 0.90 percent.

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