LONDON – Consumer and producer prices data from the UK is the top economic news due on Wednesday, headlining a light day for the European economic news. At 3.00 am ET, the Office for National Statistics is scheduled to issue UK consumer and producer prices for February. Inflation is forecast to ease to 3.5 percent from 4.0 percent in January. Economists expect output prices to fall 0.1 percent on year, following a 0.6 percent decrease in the previous month. In the meantime, producer price data is due from Germany. Economists forecast producer prices to fall 3.8 percent annually in February after easing 4.4 percent in January. At 5.00 am ET, Italy’s statistical office ISTAT is scheduled to issue industrial output for January. Production is seen falling 0.6 percent on a monthly basis, in contrast to the 1.1 percent increase in December. At 6.00 am ET, Eurostat releases euro area construction output for January.
UK Inflation to Ease in February, Euro Area Construction Output Data Due – Latest Update
Date:
Updated: [falahcoin_post_modified_date]
More like thisRelated
Revolutionary Small Business Exchange Network Connects Sellers and Buyers
Revolutionary SBEN connects small business sellers and buyers, transforming the way businesses are bought and sold in the U.S.
District 1 Commissioner Race Results Delayed by Recounts & Ballot Reviews, US
District 1 Commissioner Race in Orange County faces delays with recounts and ballot reviews. Find out who will come out on top in this close election.
Fed Minutes Hint at Potential Rate Cut in September amid Economic Uncertainty, US
Federal Reserve minutes suggest potential rate cut in September amid economic uncertainty. Find out more about the upcoming policy decisions.
Baltimore Orioles Host First-Ever ‘Faith Night’ with Players Sharing Testimonies, US
Experience the powerful testimonies of Baltimore Orioles players on their first-ever 'Faith Night.' Hear how their faith impacts their lives on and off the field.
