European Economics Preview: UK Construction PMI Data Due

European Economics Preview: UK Construction PMI Data Due

Purchasing Managers’ survey data from the UK is due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, August producer price data is due from Romania. Producer prices had increased 6 percent annually in July.

At 3.00 am ET, final GDP from the Czech Republic and final foreign trade from Hungary are due. The Czech statistical office is expected to confirm 0.7 percent sequential growth for the second quarter.

At 4.30 am ET, UK Markit/CIPS construction PMI data is due. The indicator is forecast to remain unchanged at 52.9 in September.

At 5.00 am ET, Eurostat is slated to issue euro area producer prices for August. Economists forecast producer prices to rise 3.8 percent on year, following a 4 percent increase in July.

by RTTNews Staff Writer

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