empty
 
 

2018.11.0823:35:00UTC+00European Economics Preview: UK GDP Data Due

Quarterly national accounts, industrial production and foreign trade figures from the UK are due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, consumer and producer prices are due from Norway. Economists forecast inflation to remain unchanged at 3.4 percent in October.

At 2.45 am ET, the French statistical office Insee publishes industrial and manufacturing output for September. Industrial output is forecast to drop 0.3 percent on month, in contrast to a 0.3 percent rise in August.

At 3.00 am ET, consumer prices from the Czech Republic and foreign trade from Hungary are due. Czech inflation is seen at 2.3 percent in October, the same as seen in September.

At 4.30 am ET, the Office for National Statistics publishes UK quarterly and monthly GDP estimates. The economy is forecast to grow 0.6 percent sequentially following the 0.4 percent expansion seen in the second quarter.

Also, UK industrial and construction output and foreign trade reports are due. Economists forecast industrial output to drop 0.1 percent on month in September, reversing a 0.2 percent rise in August.

The UK visible trade deficit is seen at GBP 11.39 billion in September compared to August's GBP 11.19 billion.

In the meantime, Greece consumer price data is due for October. Inflation stood at 1.1 percent in September.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback