European Economics Preview: Germany GDP, Gfk Consumer Sentiment Data Due

Revised quarterly national accounts and consumer sentiment from Germany are due on Thursday, headlining a light day for the European economic news.

At 2.00 am ET, Germany’s final GDP data is due. The economy is forecast to grow 0.4 percent sequentially as initially estimated in the fourth quarter.

In the meantime, Germany’s Gfk consumer sentiment survey results are due. The forward-looking consumer sentiment index is seen at 10.1 in March versus 10.2 in February.

At 2.45 am ET, the French statistical office Insee publishes manufacturing confidence survey data for February. Economists forecast the sentiment index to remain unchanged at 106.

At 4.00 am ET, Italy’s Istat publishes retail sales data for December. Sales are forecast to grow 0.2 percent on month, reversing a 0.7 percent fall in November.

Also, Poland’s unemployment data is due. Economists forecast the jobless rate to rise to 8.7 percent in January from 8.3 percent in December.
The material has been provided by InstaForex Company – www.instaforex.com

Source:: European Economics Preview: Germany GDP, Gfk Consumer Sentiment Data Due