European Economics Preview: Germany’s Q1 GDP Data Due

Quarterly national accounts from Germany and industrial output from euro area are due on Friday, headlining a light day for European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's GDP data for the first quarter. The economy is forecast to grow 0.6 percent sequentially, following a 0.4 percent increase in the fourth quarter.

Germany's final inflation data is also due. According to flash estimate, inflation was 2 percent in April.

At 3.00 am ET, Spain's final CPI report is due. Inflation is seen at 2.6 percent in April, unchanged from flash estimate.

At 5.00 am ET, Eurostat is slated to release euro area industrial production for March. Production is expected to grow 0.3 percent on month, in contrast to a 0.3 percent fall in February.

by RTT Staff Writer

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