European Economics Preview: Eurozone Foreign Trade Data Due

Foreign trade data from the euro area is due on Friday, headlining a light day for the European economic news.

At 5.00 am ET, Eurostat is slated to release euro area foreign trade data for January. The trade surplus is expected to fall to EUR 22 billion from EUR 24.5 billion in December.

In the meantime, Italy’s Istat publishes external trade figures for January. The trade surplus totaled EUR 5.79 billion in December.

At 9.00 am ET, Poland’s industrial output and producer prices are due. Economists forecast output to grow 1.4 percent on month in February, reversing a 1.9 percent fall in January. Producer prices are expected to climb 4.6 percent from prior year compared to a 4.1 percent rise in January.
The material has been provided by InstaForex Company – www.instaforex.com

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