European Economics Preview: Eurozone Final Composite PMI Data Due

By Rtt News Staff Writer7 days ago

Final composite Purchasing Managers' survey results from euro area are due on Wednesday, headlining a light day for the European economic news.

At 2.30 am ET, the Federal Statistical Office releases Swiss consumer price data for April. Inflation is forecast to rise to +0.3 percent from -0.2 percent in March.

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At 3.00 am ET, Spain's unemployment data is due.

At 3.15 am ET, IHS Markit is scheduled to issue Spain's services PMI data. Economists forecast the index to rise to 50.0 in April from 48.1 in March.

At 3.30 am ET, industrial production and new orders figures are due from Statistics Sweden.

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