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Financial News: European Economics Preview: Germany Flash Inflation Data D

European Economics Preview: Germany Flash Inflation Data Due

08/31/2020 - 01:00:00 (RTTNews)

(RTTNews) - Flash consumer prices data from Germany is due on Monday, headlining a light day for the European economic news.

At 1.00 am ET, Statistics Finland releases unemployment data for August. In the meantime, GDP and industrial production figures are due from Statistics Estonia.

At 2.00 am ET, import price data is due from Germany. Economists forecast prices to fall 5.1 percent on a yearly basis in July, the same pace of fall as seen in June.

At 2.30 am ET, the Federal Statistical Office is set to publish Swiss retail sales for July. Sales had increased 1.1 percent on year in June.

At 3.00 am ET, Statistics Spain is scheduled to release preliminary consumer prices for August. Economists forecast consumer prices to decline 0.6 percent on year, the same rate as in July.

In the meantime, GDP data and foreign trade from Turkey and gross wages from Hungary are due.

At 4.00 am ET, Italy's statistical office Istat is set to publish revised GDP data for the second quarter.

In the meantime, GDP data is due from Poland. Economists forecast GDP to fall 8.9 percent on quarter, following a 0.4 percent drop in the first quarter.

At 5.00 am ET, Italy's Istat releases preliminary consumer prices for August. Economists forecast consumer prices to fall 0.5 percent annually, faster than the 0.4 percent drop in July.

Greece retail sales for June is also due at 5.00 am ET. Sale had decreased 5.8 percent on year in May.

At 8.00 am ET, Destatis releases Germany's preliminary inflation data for August. Consumer prices are forecast to rise 0.1 percent on year, reversing a 0.1 percent drop in July.

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