European Economics Preview: UK Inflation Data Due

Consumer and producer prices from the UK are due on Tuesday, headlining a light day for the European economic news.

At 3.30 am ET, Statistics Sweden is slated to publish consumer prices for November. Prices had increased 1.7 percent on year in October.

At 4.30 am ET, the Office for National Statistics releases UK consumer and producer prices for November. Inflation is forecast to remain unchanged at 3 percent.

Economists forecast UK output prices to rise 3 percent annually, following a 2.8 percent increase seen a month ago. Input price inflation is seen at 6.7 percent versus 4.6 percent in October.

At 5.00 am ET, Germany's ZEW economic confidence survey results are due. The indicator is forecast to fall to 17.6 in December from 18.7 in November.

by RTT Staff Writer

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