European Economics Preview: UK GDP Data Due
11 Mayo 2022 - 08:46PM
RTTF2
Quarterly national accounts, industrial production and foreign
trade from the UK are due on Thursday, headlining a light day for
the European economic news.
At 2.00 am ET, the Office for National Statistics releases UK
GDP data. The economy is forecast to grow at a slower pace of 1.0
percent sequentially in the first quarter after rising 1.3 percent
in the preceding period.
Also, industrial production and foreign trade figures are due.
Economists expect industrial output to grow 0.1 percent on month in
March, reversing a 0.6 percent fall in February. The visible trade
deficit is seen at GBP 18.5 billion in March versus a GBP 20.59
billion in the previous month.
In the meantime, Statistics Sweden publishes consumer price data
for April. Consumer prices are forecast to advance 6.1 percent
after rising 6.0 percent in March.
Half an hour later, Swiss producer price figures are due.
At 6.00 am ET, the Central Statistics Office releases Ireland's
consumer price data for April.
Euro vs Sterling (FX:EURGBP)
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