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

European Economic News Preview: UK GDP Data Due

11/15/2024 - 01:21:00 (RTTNews)

(RTTNews) - Quarterly national accounts from the UK and final inflation from France and Italy are due on Friday, headlining a busy day for the European economic news.

At 2.00 am ET, the Office for National Statistics publishes UK GDP data for the third quarter and industrial output and foreign trade figures for September. The economy is forecast to grow 0.2 percent sequentially after rising 0.5 percent in second quarter. In the meantime, wholesale prices are due from Germany. Economists expect wholesale prices to gain 0.1 percent on month in October, in contrast to the 0.3 percent fall in September.

At 2.45 am ET, France's statistical office INSEE publishes final consumer and harmonized prices for October. Consumer price inflation is seen at 1.2 percent, up from 1.1 percent in September.

At 4.00 am ET, consumer and harmonized prices are due from Italy. Inflation is expected to climb to 0.9 percent in October, in line with flash estimate, from 0.7 percent in September.

At 5.00 am ET, foreign trade figures are due from Italy. The trade surplus is expected to increase to EUR 2.55 billion in September from EUR 1.43 billion in August.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

UK Economy Flatlines In Q3 (34 min(s), 54 sec(s) ago)
(RTTNews) - The UK economy stalled in the third quarter as the services sector posted nil growth a ...Full Story»

Norway Jobless Rate Falls To 3.7% (48 min(s), 54 sec(s) ago)
(RTTNews) - Norway's unemployment rate decreased in November to the lowest level in nine month ...Full Story»

Finland Jobless Rate Steady At 8.1% (01 hr(s), 02 min(s), 54 sec(s) ago)
(RTTNews) - Finland's unemployment rate held steady for the second straight month in November, ...Full Story»

German Import Prices Rise 0.6% In November (01 hr(s), 24 min(s), 54 sec(s) ago)
(RTTNews) - Germany's import prices increased for the first time in three months in November, ...Full Story»

Singapore Inflation Rises To 1.6%, Less Than Forecast (01 hr(s), 59 min(s), 54 sec(s) ago)
(RTTNews) - Singapore's consumer price inflation increased slightly in November after easing t ...Full Story»

European Economic News Preview: UK GDP Data Due (03 hr(s), 31 min(s), 54 sec(s) ago)
(RTTNews) - Quarterly GDP data from the UK is the only major economic report due on Monday, headli ...Full Story»

Singapore Inflation Data Due On Monday (42 min(s), 06 sec(s) ago)
(RTTNews) - Singapore will on Monday release November numbers for consumer prices, highlighting a ...Full Story»

U.S. Consumer Sentiment Improves In Line With Preliminary Estimate In December (24 min(s), 06 sec(s) ago)
(RTTNews) - The University of Michigan released a report on Friday showing consumer sentiment in t ...Full Story»