German Business Climate Data Due On Monday



The results of IfO's survey on German business climate and Spain's producer prices are among the handful of economic data scheduled for release on Monday. At 4 am ET, research institute IfO is due to release the results of its business climate survey for Germany. The business climate index is expected to decrease to 107 in August from 108 in July. The current conditions index is estimated to drop to 112 in August from 112.9 in July. The expectations index is forecast to slide to 102 from 103.4 in July. At 3 am ET, the Czech Statistical Office is scheduled to release its consumer confidence report for August. In July, the consumer confidence index was at -2.3. The business confidence index stood at 10.1 in July and the combined index measuring consumer and business confidence was at 7.6. Around the same time, Spain's national statistical office INE is due to release its producer prices report for July. In June, producer prices had risen 0.4 percent year-over-year and 0.9 percent month-over-month. Statistics Netherlands will release its producer confidence report for August at 3:30 am ET. In July, the producer confidence index stood at 1.2. At 7:30 am ET, the Central Bank of the Republic of Turkey is scheduled to release its capacity utilization data for August. In July, the capacity utilization was at 74.9. The National Bank of Belgium, or BNB, will release its report on business confidence for August at 9 am ET. In July, the business sentiment index based on BNB's survey was at -7.5.

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