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Financial News: European Economics Preview: Eurozone Industrial Output Dat

European Economics Preview: Eurozone Industrial Output Data Due

03/12/2020 - 00:34:00 (RTTNews)

(RTTNews) - Industrial production from euro area is due on Thursday, headlining a light day for the European economic news.

At 3.00 am ET, January industrial output figures are due from Romania. Production had decreased 0.1 percent on month in December.

At 4.00 am ET, industrial production data is due from the Czech Republic and Hungary. The Czech industrial output is expected to fall 1.5 percent on a yearly basis in January, but slower than the 3.4 percent fall logged in December.

Half an hour later, Statistics Sweden releases consumer prices for February. Economists forecast inflation to remain unchanged at 1.3 percent. At 5.00 am ET, Eurostat releases euro area industrial production data. Industrial output is expected to rise 1.4 percent on month, reversing a 2.1 percent fall in December.

In the meantime, Italy's quarterly unemployment data is due.

At 7.00 am ET, the Central Statistics Office is scheduled to publish Ireland's consumer prices for February.

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