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Financial News: European Economics Preview: UK Final Services PMI Data

European Economics Preview: UK Final Services PMI Data Due

05/05/2020 - 00:45:00 (RTTNews)

(RTTNews) - Final Purchasing Managers' survey data from the UK is due on Tuesday, headlining a light day for the European economic news.

At 1.45 am ET, Switzerland's State Secretariat for Economic Affairs releases final consumer confidence survey data. According to initial estimate, the confidence index fell to -40 in April from -9.4 in January.

At 2.30 am ET, the Federal Statistical Office is set to issue Swiss consumer prices for April. Consumer prices are forecast to fall 0.8 percent on year versus a 0.5 percent drop in March.

At 3.00 am ET, Spain unemployment data is due from the labor ministry.

Half an hour later, quarterly national accounts, industrial production and new orders are due from Statistics Sweden.

At 4.30 am ET, IHS Markit is scheduled to issue UK final services PMI data. The final score is seen at 12.3 in April, unchanged from flash estimate, and down from 34.5 in March.

At 5.00 am ET, Eurostat is slated to publish euro area producer prices for March. Economists forecast producer prices to fall 2.6 percent on year after easing 1.3 percent in February.

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