Financial News: European Economic News Preview: UK Unemployment Data Due

European Economic News Preview: UK Unemployment Data Due

05/13/2025 - 01:13:00 (RTTNews)

(RTTNews) - Labor market statistics from the UK and economic sentiment from Germany are the top economic news due on Tuesday.

At 2.00 am ET, the Office for National Statistics is scheduled to issue UK unemployment and wage data for the first quarter. The jobless rate is forecast to rise to 4.5 percent from 4.4 percent in the preceding period.

At 3.00 am ET, the Czech Statistical Office releases final inflation figures for April. Inflation is forecast to rise to 2.7 percent, as initially estimated, from 1.8 percent in March.

In the meantime, current account figures are due from Turkey.

At 5.00 am ET, Germany's ZEW economic confidence survey results are due. Economists forecast the economic sentiment index to rise to +9.8 in May from -14.0 in April.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

German Retail Sales Drop Unexpectedly (11 min(s), 36 sec(s) ago)
(RTTNews) - Germany's retail sales dropped unexpectedly in May as both food and non-food retai ...Full Story»

Denmark GDP Contracts More Than Estimated (37 min(s), 36 sec(s) ago)
(RTTNews) - The Danish economy shrank more than initially estimated in the first quarter of 2025 ...Full Story»

UK GDP Growth Confirmed At 0.7% (40 min(s), 36 sec(s) ago)
(RTTNews) - The UK economy expanded at a stronger pace in the first quarter as previously estimate ...Full Story»

Turkey Trade Gap Widens In May (01 hr(s), 29 min(s), 36 sec(s) ago)
(RTTNews) - Turkey's foreign trade deficit rose slightly in May as imports grew faster than ex ...Full Story»

Swiss KOF Leading Indicator Falls To 6-month Low (01 hr(s), 56 min(s), 36 sec(s) ago)
(RTTNews) - A measure signaling future turning points in the Swiss economy decreased unexpectedl ...Full Story»

China Manufacturing Sector Continues To Shrink (02 hr(s), 24 min(s), 36 sec(s) ago)
(RTTNews) - China's manufacturing sector continued to contract in June, official purchasing ma ...Full Story»

Sweden Retail Sales Fall 4.8% (02 hr(s), 23 min(s), 36 sec(s) ago)
(RTTNews) - Sweden's retail sales declined for the first time in four months in May, figures f ...Full Story»

Japan Housing Starts Plunge 34.4% (03 hr(s), 01 min(s), 36 sec(s) ago)
(RTTNews) - Japan's housing starts decreased sharply for the second straight month in May, dat ...Full Story»