European Economics Preview: UK Inflation Data Due
(RTTNews) - Consumer prices and factory gate inflation figures are due from the UK on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, the Office for National Statistics releases UK consumer and producer price figures for August. Consumer price inflation is seen rising to 10.2 percent from 10.1 percent in July.
The UK output price inflation is expected to advance to 17.4 percent from 17.1 percent a month ago. Meanwhile, input price inflation is forecast to ease to 22.4 percent from 22.6 percent.
In the meantime, consumer price data is due from Sweden. Economists expect inflation to rise to 9.6 percent in August from 8.5 percent in July. At 5.00 am ET, Eurostat is scheduled to issue euro area industrial production data for July. Output is expected to fall 1.0 percent on month, reversing a 0.7 percent rise in June.
European Shares Seen Mostly Lower Before US Inflation Data
Sensex, Nifty Struggle For Direction In Early Trade
Australian Market Swings To Modest Gains In Mid-market
Asian Markets Mixed Amid Caution Trades
Sensex, Nifty Seen Tad Higher At Open As IIP Growth Recovers
Thai Stock Market Tipped To Open In The Green
Japanese Market Notably Lower
