Final inflation figures from euro area is the major report due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, Europe’s new car registration data is due from the European Automobile Manufacturers’ Association. Sales were down 10.3 percent in November.
At 3.00 am ET, the Hungarian Central Statistical Office is scheduled to release final industrial output data. Preliminary estimate showed an annual decline of 6.9 percent in November.
In the meantime, Turkey’s consumer sentiment for December is due. Consumer confidence rose to 89.2 in November from 85.7 in October.
Switzerland’s Federal Statistical Office is set to release retail sales for November at 3.15 am ET. Retail sales are forecast to grow 3.4 percent year-on-year, following a 2.7 percent rise in October.
At 4.00 am ET, Italy’s statistical office is scheduled to release foreign trade data. The trade surplus is seen at EUR 2.6 billion in November compared to EUR 2.45 billion in October.
Eurozone final inflation figures for December are due at 5.00 am ET. According to flash estimate, inflation remained unchanged at 2.2 percent. The final report is forecast to confirm preliminary estimate.
At 8.00 am ET, Poland’s core inflation data is due. The net consumer price index is forecast to rise 1.5 percent year-on-year in December, following a 1.7 percent rise in November.
by RTT Staff Writer
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