European Economics Preview: UK Producer Prices Data Due

Friday, major reports due for the day are British producer prices and German wholesale prices.

At 2.00am ET, the German Federal Statistical office is slated to release wholesale prices details.

A slew of statistical reports are due at 3.00am ET. The Spanish statistical office is scheduled to issue CPI for August. Annually, consumer prices are expected to fall 0.8% in August. Meanwhile, Czech construction and industrial output reports are due.

The Statistics Sweden is set to issue final data for the second quarter GDP. The economy remained flat on a sequential basis in the second quarter. In the meantime, Dutch manufacturing and trade balance reports are due.

At 4.00am ET, Italian industrial output details are due. Industrial production is expected to rise 0.4% month-on-month in July compared to a 1.2% fall in June. After declining 21.9% in June, economists forecast 21% annual fall in July.

At 4.30am ET, the Office for National Statistics is slated to issue UK producer prices data for August. Input prices are forecast to rise 1% month-on-month in August versus 1.4% fall in July. Annually, input prices are expected to drop 8.4%. Meanwhile, monthly growth in output prices are expected at 0.3%.