Financial News: European Economic News Preview: UK GDP, Foreign Trade

European Economic News Preview: UK GDP, Foreign Trade Data Due

07/11/2025 - 01:00:00 (RTTNews)

(RTTNews) - Monthly GDP and foreign trade from the UK and final inflation from France are due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK GDP, industrial production and foreign trade data. Economists forecast the economy to grow 0.1 percent on a monthly basis in May, in contrast to the 0.3 percent fall in April.

UK industrial output is expected to fall 0.1 percent following a 0.6 percent drop in the previous month. The visible trade deficit is seen narrowing to GBP 21.1 billion in May from GBP 23.2 billion in April.

In the meantime, Germany's statistical office Destatis publishes wholesale prices for June. Wholesale prices are forecast to grow 0.2 percent month-on-month, in contrast to the 0.3 percent drop a month ago.

At 2.45 am ET, France's statistical office INSEE is slated to release final inflation data for June. According to flash estimate, consumer price inflation rose to 0.9 percent from 0.7 percent in the previous month.

At 3.00 am ET, retail sales data is due from Turkey.

At 8.00 am ET, the National Institute of Economic and Social Research releases UK monthly GDP tracker.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Indonesia Retail Sales Data Due On Monday (48 min(s), 44 sec(s) ago)
(RTTNews) - Indonesia will on Monday release July figures for retail sales, highlighting a light d ...Full Story»

Iceland July Trade Deficit Widens (03 hr(s), 15 min(s), 44 sec(s) ago)
(RTTNews) - Iceland's merchandise trade deficit for July increased from a year ago as exports ...Full Story»

Taiwan Trade Surplus Grows In July (13 hr(s), 20 min(s), 44 sec(s) ago)
(RTTNews) - Taiwan's foreign trade surplus increased sharply in July from a year ago as export ...Full Story»

Czech Inflation Confirmed At 2.7% (13 hr(s), 35 min(s), 44 sec(s) ago)
(RTTNews) - The Czech Republic's consumer price inflation eased as initially estimated in July ...Full Story»

Hungary Inflation Eases To 4.3% (13 hr(s), 48 min(s), 44 sec(s) ago)
(RTTNews) - Hungary's consumer price inflation softened for the first time in three months in ...Full Story»

Sweden Industrial Output Surges 12.8% (14 hr(s), 10 min(s), 44 sec(s) ago)
(RTTNews) - Sweden's industrial production expanded for the third straight month in June, and ...Full Story»

Swiss Consumer Confidence Falls In July (14 hr(s), 21 min(s), 44 sec(s) ago)
(RTTNews) - Swiss consumers remained slightly more pessimistic in July as the confidence index dec ...Full Story»

French Jobless Rate Steady At 7.5% In Q2 (14 hr(s), 56 min(s), 44 sec(s) ago)
(RTTNews) - France's unemployment rate held steady as expected in the June quarter, the statis ...Full Story»