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European Economics Preview: Eurozone Inflation Data Due

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European Economics Preview: Eurozone Inflation Data Due

Final inflation from euro area is due on Monday, headlining a light day for the European economic news.

At 3.00 am ET, Statistics Austria is scheduled to release July consumer price data. Inflation had slowed to 1.6 percent in June from 1.7 percent in May.

In the meantime, retail sales figures are due from Turkey. Also July consumer price data from Slovakia is due.

At 4.00 am ET, the European Central Bank publishes euro area current account data for June. The current account surplus had totaled EUR 29.7 billion in May.

At 5.00 am ET, Eurostat releases euro area final consumer price data for July. According to preliminary estimate, euro area inflation eased to 1.1 percent in July, the lowest since February 2018. Eurostat is expected to confirm the preliminary estimate.

 

 


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