European Economic News Preview: UK Inflation Data Due
(RTTNews) - Consumer and producer price figures from the UK are due on Wednesday, headlining a light day for the European economic news.
At 3.00 am ET, the Office for National Statistics releases UK consumer and producer prices for February. Consumer price inflation is forecast to rise to 9.9 percent from 10.1 percent in January. Output price inflation is seen at 12.4 percent versus 13.5 percent in January.
At 4.45 am ET, European Central Bank President Christine Lagarde is set to address a conference organized by the Institute for Monetary and Financial Stability in Frankfurt.
At 5.00 am ET, the ECB publishes euro area current account data for January. The current account surplus is forecast to rise to EUR 16.5 billion from EUR 15.9 billion in December.
At 5.30 am ET, UK house price data is due from the Office for National Statistics.
At 7.00 am ET, the Confederation of British Industry is slated to release Industrial Trends survey results. The order book balance is seen at -15 percent in March versus -16 percent in February.
FTSE 100 Recovers Despite Weak UK Jobs Data, Oil Concerns
Rising Oil Prices, Inflation Push CAC 40 To 4-Month Trough
German ZEW Economic Sentiment Improves Moderately
Indian Shares Tumble On Rising Oil Prices, Bond Yields
German Stocks Dip On Oil Spike And Rising Geopolitical Tensions
China Industrial Output Strengthens; Retail Sales Miss Forecast
Gold Drifts Lower On Firmer Dollar, Rising Oil And Bond Yields
