Quarterly national accounts from Germany and the euro area are due on Friday, headlining a day for European economic news.
At 2.00 am ET, Destatis is slated to release Germany’s producer prices for the month of April. Economists forecast producer prices to fall 1.8 percent annually after easing by 0.8% in March.
In the meantime, GDP figures are due from France and Italy.
At 2.45 am ET, final consumer price data is due from France. Inflation is seen at 0.4% in April, compared with 0.7% in December, as originally planned.
At 3: 00 am ET, GDP figures are due from the Czech Republic, Slovakia and Hungary. In The Czech Republic the economy it is expected to reduce the 3.5% sequentially in the first quarter, following an increase of 0.5 percent in the fourth quarter.
At 4: 00 in the morning, AND the flash GDP data from Germany and industrial orders from Italy and two. Economists expect the German economy to contract by 2.2% sequentially in the first quarter, after staying flat a quarter ago.
In the meantime, consumer prices, and the figures of the GDP of Poland. The economy is expected to shrink by 1.2% in the first quarter from the previous three months.
At 5: 00 am, Eurostat publishes the euro area is revised quarterly national accounts-and-employment-for-the-first-quarter-and-foreign-trade data for the month of March. According to the initial estimate of the currency bloc contracted by 3.8%, after a decline of 0.1% in the fourth quarter.
Also, there’s final inflation figures are due from Italy. Inflation is expected to remain flat in April as was originally planned.
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