European Economic News Preview: Germany Revised GDP Data Due
26 Agosto 2024 - 9:55PM
RTTF2
Revised quarterly national accounts data from Germany is the top
economic news due on Tuesday, headlining a light day for the
European economic news.
At 2.00 am ET, Destatis is scheduled to issue Germany's revised
GDP data for the second quarter. The flash estimate showed that the
largest euro area economy shrank 0.1 percent sequentially following
a 0.2 percent expansion in the first quarter.
In the meantime, producer prices and household lending reports
are due from Sweden.
At 6.00 am ET, the Confederation of British Industry publishes
Distributive Trades survey results for August. The retail sales
balance is forecast to rise to -11 percent from -43 in July.
At 8.00 am ET, Hungary's central bank announces its monetary
policy decision. The bank is expected to hold its benchmark rate at
6.75 percent.
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