Revised quarterly national accounts from the U.K. and France are due on Wednesday, headlining a light day for the European economic news.
At 2.45 am ET, the French statistical office Insee is slated to publish revised GDP data for the third quarter. According to preliminary estimate, the economy expanded 0.3 percent sequentially.
French consumer spending figures are also due at 2.45 am. Economists forecast spending to rise 0.1 percent in November from October, when it slid 0.7 percent.
At 3.00 am ET, Swiss KOF leading index is due. The reading is expected to rise to 98.9 in December from 97.9 in November.
In the meantime, Spain’s INE releases producer prices for November. Prices had declined 3.5 percent year-on-year in October. Also, Hungary’s final foreign trade data is due.
At 4.00 am ET, retail sales and industrial orders are due from Italy. Retail sales are forecast to grow 0.3 percent on a monthly basis in October, reversing a 0.1 percent fall in September.
Also, unemployment figures are due from Norway and Poland. Norway’s jobless rate is seen unchanged at 4.6 percent in October.
Half an hour later, the Office for National Statistics is scheduled to release revised U.K. GDP data. The statistical office is expected to confirm 0.5 percent sequential growth.
The material has been provided by InstaForex Company – www.instaforex.com