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2024.01.1904:32:00UTC+00European Economic News Preview: UK Retail Sales Data Due

Retail sales from the UK and producer prices from Germany are due on Friday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK retail sales for December. Retail sales are forecast to fall 0.5 percent on month, in contrast to the 1.3 percent increase in November.

In the meantime, Destatis publishes Germany's producer prices data. Economists forecast producer prices to fall 8.0 percent on year in December after easing 7.9 percent in November. At 2.30 am ET, producer prices data is due from Switzerland. Producer prices are expected to drop 0.6 percent on month, following a 0.9 percent decrease in November.

At 5.00 am ET, European Central Bank President Christine Lagarde participates in stakeholder dialogue "the Global Economic Outlook" during World Economic Forum in Davos.

See Also

Forex News
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    Australia GDP Growth Tops Expectations
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    South Korea GDP Growth Confirmed At 0.1%
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    China Keeps Growth Target At "Around 5%" Despite Tariff Threats
    2025-03-05 09:09:00
    *Estonia Jan Manufacturing Output Down 5.8% M-o-M
    2025-03-05 09:07:00
    *Estonia Jan Industrial Output Falls 2.5% On Year Vs. -4.4% In December
    2025-03-05 09:06:00
    *Estonia Jan Industrial Output Falls 6.0% On Month Vs. +1.3% In December
    2025-03-05 09:03:00
    *Estonia Jan Manufacturing Output Rises 2.0% Y-o-Y Vs. -2.5% In December
    2025-03-05 09:01:00
    *Russia Feb Services PMI 50.5 Vs. 54.6 In January
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    *Lebanon Feb PMI 50.5 Vs. 50.6 In Jan, Consensus 50.9 - S&P Global/Blominvest Bank
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    *Ghana Feb S&P Global PMI 50.5 Vs. 47.9 In Jan, Consensus 50.0
    2025-03-05 13:13:00
    *Eurozone Jan Producer Prices Up 0.8% On Month Vs. 0.5% In Dec, Consensus 0.3%
    2025-03-05 13:12:00
    *Qatar Feb S&P Global PMI 51.0 Vs. 50.2 In January
    2025-03-05 13:12:00
    *Eurozone Jan PPI Rises 1.8% Annually Vs. 0.1% In Dec, Consensus +1.4%
    2025-03-05 12:34:00
    Euro Rises Against Majors
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    *UK Feb Final Services PMI 51.0 Vs. 50.8 In Jan, Flash 51.1
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    *UK Feb Final Composite Output Index 50.5 Vs. 50.6 In Jan, Flash 50.5
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    Gold Edges Higher As Dollar Slips On Economic Worries
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    Oil Extends Losses On Oversupply Fears
  • 2025-03-05 12:06:00
    *Italy Q4 GDP Rises 0.6% Y/Y, Flash 0.5%
    2025-03-05 12:05:00
    *Euro Jumps To More Than 4-year High Of 1.5393 Against Canadian Dollar
    2025-03-05 12:05:00
    *Italy Q4 GDP Rises 0.1% Q/Q, Flash 0%
    2025-03-05 12:04:00
    *Euro Advances To 5-year High Of 1.8850 Against NZ Dollar
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    *UK Feb Car Registrations Fall 1.0% On Year: SMMT
    2025-03-05 12:02:00
    *Euro Rises To 7-month High Of 1.7039 Against Australian Dollar
    2025-03-05 12:01:00
    *Eurozone Feb Final Composite Output Index Steady At 50.2, Flash 50.2
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    *Uro Jumps To Near 3-week High Of 0.8329 Against Pound
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    *Eurozone Feb Final Services PMI 50.6 Vs. 51.3 In Jan, Flash 50.7
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    *Euro Advances To Near 3-week High Of 159.94 Against Yen
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    *Germany Feb Final Services PMI 51.1 Vs. 52.5 In Jan, Flash 52.2
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    *Germany Feb Final Composite PMI 50.4 Vs. 50.5 In Jan, Flash 51.0
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    *France Feb Final Composite Output Index 45.1 Vs. 47.6 In Jan, Flash 44.5
    2025-03-05 11:51:00
    *France Feb Final Services PMI 45.3 Vs. 48.2 In Jan, Flash 44.5
    2025-03-05 11:47:00
    *Italy Feb Services PMI 53.0 Vs. 50.4 In Jan, Consensus 50.9
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    *New Zealand Feb ANZ Commodity Price Index Up 14.0% On Year Vs. 14.6% In January
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    *New Zealand Feb ANZ Commodity Price Index Up 3.0% On Month Vs. 1.8% In January
    2025-03-05 11:41:00
    *Zambia Feb PMI Unchanged At 50.9, Consensus 49.8 - Stanbic Bank/S&P Global
  • 2025-03-05 11:38:00
    *Kenya Feb PMI 50.6 Vs. 50.5 In Jan, Consensus 50.2 - Stanbic Bank/S&P Global
    2025-03-05 11:36:00
    *Kazakhstan Feb Services PMI 50.2 Vs. 51.3 In Jan, Consensus 51.4 - Freedom Holding Corp/S&P Global
    2025-03-05 11:35:00
    *Mozambique Feb PMI 50.9 Vs. 47.5 In Jan, Consensus 50.0 - Standard Bank/S&P Global
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    India Services Growth Rebounds In February
    2025-03-05 11:17:00
    *Spain Feb Composite Output Index 55.1 Vs. 54.0 In January
    2025-03-05 11:16:00
    *Spain Feb HCOB Services PMI 56.2 Vs. 54.9 In Jan, Consensus 55.4
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    France Industrial Output Falls Unexpectedly
    2025-03-05 10:56:00
    China Service Sector Growth Improves In February
    2025-03-05 10:48:00
    *France Jan Manufacturing Output Falls 0.7% M-o-M Vs. -1.0% In December
    2025-03-05 10:47:00
    *France Jan Industrial Output Drops 0.6% On Month Vs. -0.5% In Dec, Consensus +0.6%
  • 2025-03-05 10:41:00
    Yen Falls Amid Risk-on Mood
    2025-03-05 10:23:00
    *South Africa Feb S&P Global PMI 49.0 Vs. 47.4 In January
    2025-03-05 10:08:00
    Australia GDP Growth Tops Expectations
    2025-03-05 09:37:00
    South Korea GDP Growth Confirmed At 0.1%
    2025-03-05 09:22:00
    China Keeps Growth Target At "Around 5%" Despite Tariff Threats
    2025-03-05 09:09:00
    *Estonia Jan Manufacturing Output Down 5.8% M-o-M
    2025-03-05 09:07:00
    *Estonia Jan Industrial Output Falls 2.5% On Year Vs. -4.4% In December
    2025-03-05 09:06:00
    *Estonia Jan Industrial Output Falls 6.0% On Month Vs. +1.3% In December
    2025-03-05 09:03:00
    *Estonia Jan Manufacturing Output Rises 2.0% Y-o-Y Vs. -2.5% In December
    2025-03-05 09:01:00
    *Russia Feb Services PMI 50.5 Vs. 54.6 In January
  • 2025-03-05 13:18:00
    *Lebanon Feb PMI 50.5 Vs. 50.6 In Jan, Consensus 50.9 - S&P Global/Blominvest Bank
    2025-03-05 13:14:00
    *Ghana Feb S&P Global PMI 50.5 Vs. 47.9 In Jan, Consensus 50.0
    2025-03-05 13:13:00
    *Eurozone Jan Producer Prices Up 0.8% On Month Vs. 0.5% In Dec, Consensus 0.3%
    2025-03-05 13:12:00
    *Qatar Feb S&P Global PMI 51.0 Vs. 50.2 In January
    2025-03-05 13:12:00
    *Eurozone Jan PPI Rises 1.8% Annually Vs. 0.1% In Dec, Consensus +1.4%
    2025-03-05 12:34:00
    Euro Rises Against Majors
    2025-03-05 12:32:00
    *UK Feb Final Services PMI 51.0 Vs. 50.8 In Jan, Flash 51.1
    2025-03-05 12:32:00
    *UK Feb Final Composite Output Index 50.5 Vs. 50.6 In Jan, Flash 50.5
    2025-03-05 12:29:00
    Gold Edges Higher As Dollar Slips On Economic Worries
    2025-03-05 12:17:00
    Oil Extends Losses On Oversupply Fears


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