Industrial production from euro area and final consumer prices from Germany are due on Thursday, headlining a light day for the European economic news.
At 2.00 am ET, Destatis is slated to publish Germany’s consumer prices for October. Final inflation is forecast to match the flash rate of 0.3 percent.
At 2.45 am ET, the French statistical office Insee is set to release consumer prices for October. Inflation is expected to rise to 0.1 percent from zero percent in September.
At 3.00 am ET, Hungary’s final industrial production data for October is due.
European Central Bank President Mario Draghi is set to attend a hearing before the Committee on Economic and Monetary Affairs of the European Parliament in Brussels at 3.30 am ET.
In the meantime, Statistics Sweden releases consumer price inflation data. Economists forecast inflation to remain at 0.1 percent in October.
At 5.00 am ET, Eurostat is scheduled to issue industrial output for September. Eurozone output is expected to fall 0.1 percent on a monthly basis after declining 0.5 percent in August.
Also, Greece’s unemployment figures are due at 5.00 am. The jobless rate is seen falling marginally to 24.9 percent in August from 25 percent in July.
The material has been provided by InstaForex Company – www.instaforex.com