European Economics Preview: Eurozone Flash PMI Data Due

Flash Purchasing managers' survey from euro area is due on Friday, headlining a light day for the European economic news.

At 2.45 am ET, the French statistical office Insee publishes final GDP data. The preliminary estimate showed a nil growth in the second quarter.

At 3.00 am ET, Spain's INE releases producer prices for August. Prices had declined 4.6 percent year-on-year in July.

In the meantime, Markit releases French preliminary PMI data for September. Economists forecast the factory PMI to rise to 48.5 from 48.3 in August. The services PMI is seen falling to 52 from 52.3.

At 3.30 am ET, Germany's flash PMI results are due. The factory PMI is expected to drop to 53.1 in September from 53.6 in August, while the services PMI to rise to 52.1 from 51.7 in the previous month.

At 4.00 am ET, Markit releases euro area composite PMI. Economists forecast the composite PMI to fall slightly to 52.8 in September from 52.9 in August.

by RTT Staff Writer

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