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Financial News: European Economics Preview: Spain Unemployment Data Due

European Economics Preview: Spain Unemployment Data Due

07/28/2020 - 01:28:00 (RTTNews)

(RTTNews) - Unemployment data from Spain is due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Statistics Norway is slated to issue retail sales for June.

At 3.00 am ET, Spain's INE is scheduled to release unemployment data for the second quarter. Economists forecast the jobless rate to rise to 16.7 percent from 14.41 percent in the first quarter.

Half an hour later, Statistics Sweden is set to publish retail sales for June. Sales had increased 0.5 percent on month in May.

At 6.00 am ET, the UK Distributive Trades Survey data is due from the Confederation of British Industry. The retail sales balance is forecast to rise to -25 percent in July from -37 percent in June.

In the meantime, Ireland's retail sales figures for June are due. Sales had increased 29.5 percent on month in May.

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