European Economics Preview: German ZEW Economic Confidence Due



Corrected first para
Economic confidence survey results from Germany and labor market statistics from the UK are due on Tuesday, headlining a busy day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK unemployment data. The jobless rate is forecast to remain unchanged at 3.9 percent in three months to February.

In the meantime, foreign trade from Switzerland and wholesale prices from Germany are due.

At 3.00 am ET, the Czech Statistical Office is set to release producer price data for March. Economists forecast prices to rise at a slower pace of 0.2 percent after climbing 1.4 percent in February.

Half an hour later, Statistics Sweden issues unemployment data for March. The jobless rate stood at 8.2 percent in February.

At 4.00 am ET, industrial production and producer price figures are due from Poland. Industrial production is forecast to fall 2.1 percent on year in March, reversing a 4.9 percent rise in January.

At 5.00 am ET, Germany's ZEW economic confidence survey results are due. Economists forecast the economic confidence index to rise to -42.3 in April from -49.5 in March.

News are provided by
InstaForex.