Home Economy UK Labor Market Data Due

UK Labor Market Data Due

by RTTNews Staff Writer

Labor market statistics from the UK and industrial production from France are due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Statistics Norway releases consumer and producer prices for August. Inflation is forecast to ease slightly to 1.8 percent from 1.9 percent in July.

At 2.45 am ET, France’s Insee publishes industrial output data for July. Economists forecast production to grow 0.5 percent on month, in contrast to a 2.3 percent drop in June.

At 3.00 am ET, consumer price figures are due from the Czech Republic and Hungary. The Czech inflation is seen at 2.8 percent in August versus 2.9 percent in July. Hungary’s inflation is forecast to ease to 3.2 percent from 3.3 percent in July.

At 3.30 am ET, Statistics Sweden is scheduled to issue August consumer prices. Economists forecast inflation to remain unchanged at 1.7 percent.

At 4.00 am ET, Italy’s Istat releases industrial production for July. Industrial output is expected to ease 0.1 percent month-on-month after falling 0.2 percent in June.

Half an hour later, the Office for National Statistics is slated to issue labor force survey data for July. The UK ILO jobless rate is seen unchanged at 3.9 percent in three months to July.

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