Final consumer prices from Germany and industrial production from France are due on Friday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is slated to publish Germany's final consumer prices for May. The statistical office is likely to confirm 0.1 percent rise in consumer prices in May. Wholesale prices for May are also due.
At 2.45 am ET, the French statistical office Insee releases industrial output figures for April. Economists forecast industrial output to grow 0.4 percent month-on-month reversing a 0.3 percent fall in March.
At 3.00 am ET, GDP and current account figures are due from Turkey. The economy is expected to expand 0.6 percent sequentially in the first quarter, slower than the 0.7 percent increase seen in the previous quarter.
At 4.00 am ET, Italy's industrial production data is due. Economists forecast industrial output to grow 0.3 percent on a monthly basis in April after stying flat in March.
In the meantime, Statistics Norway publishes consumer prices for May. Consumer prices are forecast to rise 3.1 percent on a yearly basis in May, following a 3.2 percent increase in April.
At 4.30 am ET, the Office for National Statistics is scheduled to issue U.K. construction output for April. Output is expected to grow 1.2 percent on a monthly basis, reversing a 3.6 percent decrease in March.
At 6.30 am ET, Russia's central bank is set to announce its interest rate decision. The bank is widely expected to hold its key rate at 11.0 percent.
by RTT Staff Writer
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