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Financial News: European Economics Preview: UK Retail Sales Data Due

European Economics Preview: UK Retail Sales Data Due

04/24/2020 - 00:38:00 (RTTNews)

(RTTNews) - Retail sales from the UK and business sentiment from Germany are due on Friday, headlining a busy day for the European economic news.

At 1.00 am ET, Statistics Finland releases producer price data for March.

At 2.00 am ET, the Office for National Statistics releases UK retail sales data. Economists forecast retail sales to fall 4 percent on month in March, following a 0.3 percent drop in February.

At 3.00 am ET, producer prices data from Spain and industrial production from Austria are due.

Half an hour later, Statistics Sweden publishes March producer prices. Prices had declined 1.2 percent on year in February.

At 4.00 am ET, Germany's ifo business confidence survey results are due. The business sentiment index is expected to fall to 80 in April from 86.1 in March.

In the meantime, unemployment data from Poland is due. Economists forecast the jobless rate to rise marginally to 5.6 percent in March from 5.5 percent in February.

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