European Economics Preview: Germany's Industrial Output, Foreign Trade Data Due

Industrial production and foreign trade from Germany are due on Tuesday, headlining a light day for the European economic news.

At 1.45 am ET, Swiss unemployment data is due for April. The jobless rate is forecast to fall to 3.3 percent in April from 3.4 percent in March.

At 2.00 am ET, Destatis is scheduled to issue Germany's industrial production and foreign trade figures for March. Economists forecast industrial output to fall 0.7 percent on month in March, reversing a 2.2 percent rise in February.

Germany's exports are forecast to grow 0.2 percent on month in March, following a 0.8 percent rise in February.

At 2.30 am ET, the Bank of France is scheduled to issue business sentiment survey results. The index is forecast to remain unchanged at 103 in April.

At 3.00 am ET, the Czech Statistical Office is set to issue retail sales and external trade for March. Sales are forecast to grow 7.2 percent annually after rising 1.1 percent in February.

In the meantime, Hungary's preliminary foreign trade data is due. The trade surplus is expected to rise to EUR 898 million in March from EUR 881 million in February.

At 4.00 am ET, Italy's statistical office Istat releases retail sales data for March. Economists forecast sales to grow 0.2 percent on month in March, reversing a 0.3 percent fall in February.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Original Article