European Economics News Preview: Germany GDP Data Due

RTTNews | 60 days ago
European Economics News Preview: Germany GDP Data Due

(RTTNews) - Revised quarterly national accounts data from Germany is due on Tuesday, headlining a light day for the European economic news.

At 2.00 am ET, Destatis is scheduled to issue Germany's revised GDP data. The initial estimate showed that the largest euro area economy contracted 0.2 percent in fourth quarter after expanding 0.1 percent in the preceding quarter. The statistical office is expected to confirm the figures.

At 3.00 am ET, the Czech Statistical Office is slated to release producer prices for January.

At 4.00 am ET, producer price data is due from Iceland.

At 6.00 am ET, the Confederation of British Industry publishes monthly Distributive Trades survey results. The retail sales balance is forecast to rise to -21 percent in February from -24 percent in January.

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