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

European Economic News Preview: UK Inflation Data Due

12/18/2024 - 00:21:00 (RTTNews)

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

At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for November. Consumer price inflation is forecast to rise to 2.6 percent from 2.3 percent in October. Economists forecast output and input prices to grow 0.2 percent each in November.

At 3.00 am ET, final consumer price figures are due from Austria.

At 4.30 am ET, UK house price data for October is due from the Office for National Statistics.

Half an hour later, Eurostat is slated to issue euro area final consumer prices for November. The statistical office is expected to confirm 2.3 percent inflation for November, which was up from 2.0 percent in October.

At 6.00 am ET, the Confederation of British Industry publishes Industrial Trends survey results. The order book balance is seen falling to -22 percent in December from -19 percent in November.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

N. Macedonia November Tourist Arrivals And Nights Unchanged (15 min(s), 53 sec(s) ago)
(RTTNews) - Visitor arrivals and overnight stays in the Republic of North Macedonia during Novembe ...Full Story»

N. Macedonia Building Permits Fall In November (27 min(s), 53 sec(s) ago)
(RTTNews) - Building permits issued in the Republic of North Macedonia decreased 18.2 percent year ...Full Story»

Malta General Govt Surplus Falls In Q3 (39 min(s), 53 sec(s) ago)
(RTTNews) - Malta's general government surplus decreased in the third quarter compared to the ...Full Story»

Central Bank Of Cyprus Raises Countercyclical Buffer Rate To 1.5% (52 min(s), 53 sec(s) ago)
(RTTNews) - The Central Bank of Cyprus hiked the countercyclical buffer rate for financial institu ...Full Story»

U.S. Producer Prices Rise 0.2% In December, Slightly Less Than Expected (04 hr(s), 24 min(s), 53 sec(s) ago)
(RTTNews) - Producer prices in the U.S. rose by slightly less than expected in the month of Decemb ...Full Story»

Croatia Economic Growth To Slow - Croatian National Bank (05 hr(s), 12 min(s), 53 sec(s) ago)
(RTTNews) - The pace of economic expansion in Croatia is set to slow this year and next, due to we ...Full Story»

Cyprus Construction Output Growth Improves In Q3 (05 hr(s), 55 min(s), 53 sec(s) ago)
(RTTNews) - Construction sector output growth in Cyprus strengthened for a second straight quarter ...Full Story»

U.S. Producer Prices Rise Slightly Less Than Expected In December (05 hr(s), 59 min(s), 53 sec(s) ago)
(RTTNews) - Producer prices in the U.S. rose by slightly less than expected in the month of Decemb ...Full Story»