Financial News: European Economic News Preview: UK Retail Sales, PSNB

European Economic News Preview: UK Retail Sales, PSNB Data Due

09/20/2024 - 01:06:00 (RTTNews)

(RTTNews) - Retail sales and public sector finance from the UK and business confidence 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 retail sales and public sector finance figures. Retail sales are forecast to grow 0.3 percent on month in August after a 0.5 percent gain in July. The budget deficit is seen widening to GBP 12.1 billion in August from GBP 2.18 billion in the previous month.

In the meantime, Destatis publishes Germany's producer prices for August. Economists forecast producer prices to fall 1.0 percent annually after a 0.8 percent drop in July.

At 2.45 am ET, France's statistical office INSEE publishes business confidence survey data. The manufacturing sentiment index is seen unchanged at 99 in September.

At 10.00 am ET, the European Commission is slated to issue euro area flash consumer sentiment survey data. The confidence index is forecast to improve to -13.0 in September from -13.5 in August.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Index Unexpectedly Decreases In October (11 min(s), 29 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed an unexpected deterio ...Full Story»

U.S. Producer Prices Unexpectedly Flat In September, Annual Growth Slows Modestly (35 min(s), 29 sec(s) ago)
(RTTNews) - With a decrease in prices for goods offsetting an increase in prices for services, the ...Full Story»

U.S. Producer Prices Unexpectedly Unchanged In September (02 hr(s), 20 min(s), 29 sec(s) ago)
(RTTNews) - With a decrease in prices for goods offsetting an increase in prices for services, the ...Full Story»

India Industrial Output Shrinks 0.1% In August (02 hr(s), 23 min(s), 29 sec(s) ago)
(RTTNews) - India's industrial production declined slightly in August, largely led by weaker m ...Full Story»

Turkey Retail Sales Growth Strongest In 5 Months (05 hr(s), 17 min(s), 29 sec(s) ago)
(RTTNews) - Turkey's retail sales increased at the quickest pace in five months in August, the ...Full Story»

Romania Inflation Eases To 4.6%, Lowest In Over 3 Years (06 hr(s), 11 min(s), 29 sec(s) ago)
(RTTNews) - Romania's consumer price inflation moderated further in September to the lowest le ...Full Story»

UK Economy Returns To Growth (06 hr(s), 32 min(s), 29 sec(s) ago)
(RTTNews) - The UK economy returned to growth in August but the pace of expansion was weaker than ...Full Story»

Swiss Consumers Less Pessimistic In September (06 hr(s), 54 min(s), 29 sec(s) ago)
(RTTNews) - Confidence among Swiss consumers remained less negative in August, survey results from ...Full Story»