Labor market statistics from the UK and final inflation from France are the major reports due on Wednesday, headlining a light day for the European economic news.
At 3.00 am ET, Turkey’s unemployment data is due. The jobless rate is forecast to rise to 12.4 percent in December from 12.1 percent in the prior period.
At 3.45 am ET, the French statistical office Insee is slated to issue consumer prices for February. Prices are forecast to rise 1.2 percent annually, in line with preliminary estimate.
At 4.00 am ET, the Czech Statistical Office is scheduled to issue industrial and construction output and retail sales for January. Industrial output is expected to grow 7.9 percent annually, faster than the 2.7 percent rise seen in December. Economists forecast the Czech sales to climb 7.5 percent after rising 3.7 percent in December.
At 4.15 am ET, Swiss producer and import prices are due for February. Inflation is expected to rise to1.8 percent in February from 0.8 percent in January.
At 5.00 am ET, Italy’s Istat is set to publish retail sales for January. Economists forecast sales to grow 0.2 percent month-on-month in January, reversing a 0.5 percent fall in December.
At 5.30 am ET, the Office for National Statistics is scheduled to issue UK unemployment data. The jobless rate is forecast to remain unchanged at 4.8 percent in three months to January.
At 6.00 am ET, Italy’s Istat releases final consumer prices for February.
The material has been provided by InstaForex Company – www.instaforex.com
The post European Economics Preview: UK Unemployment Data Due appeared first on forexnewstoday.net.