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Eurozone economic sentiment survey results and German import prices are due on Friday, headlining a busy day for European economic news.
At 2:00 am ET, Germany's Federal Statistical Office is scheduled to release foreign trade prices for October. Economists expect import prices to rise 0.4% month-on-month in October, rebounding from the 0.9% decrease in September. On a yearly basis, import prices are forecast to fall 7.8%, after the 11% decline in the previous month.
In the meantime, the Statistics Finland is slated to release consumer sentiment survey results for November. The sentiment indicator stood at 12.3 in October.
Consumer sentiment survey results are due from the French statistical agency INSEE at 2:45 am ET. The confidence indicator is tipped to hold steady at minus 35 in November.
Shortly later at 3:00 am ET, Spain's National Statistics Institute is slated to release flash estimates of harmonized consumer prices. Economists forecast the HICP to increase 0.1% in October, rebounding from the 0.6% slide last month.
At 3:30 am ET, the Statistics Sweden is expected to issue third quarter GDP results. The gross domestic product is tipped to rise a seasonally adjusted 0.6% sequentially in the third quarter, faster than the 0.2% growth in the preceding quarter. Year-on-year, the working day adjusted GDP is expected to fall 5%. Third quarter's GDP results are also due from Statistics Denmark at the same time.
Retail sales figures are also due from the Swedish statistical agency. Month-on-month, sales are expected to increase 0.5% in October, after the 0.2% rise in the previous month. Retail sales are forecast to rise 4.2% annually, faster than the 2.7% growth last month.
Wage statistics are due from the Italian statistical office ISTAT at 4:00 am ET. Hourly wages are tipped to grow 3.2% year-on-year in October, following the 3.1% increase in the prior month. The monthly wage growth rate is seen at 0.2%.
At 5:00 am ET, the European Commission is scheduled to issue its economic sentiment survey results for the Eurozone. The economic sentiment indicator is expected to rise to 88 in November from 86.2 in October. The consumer sentiment index is seen at minus 17, up from minus 18, while the business climate index is expected to improve to minus 1.65 from minus 1.78, and the industrial sentiment index from minus 21 to minus 19.
Elsewhere, the Greek statistical office is slated to release producer price data for October. The producer price index had dropped 7.7% annually in September. Producer price data is also due from Statistics Iceland.
Switzerland's leading indicator is due from the KOF Economic Institute at 5:30 am ET. The leading index is forecast to rise to 1.78 in November from 1.45 in October.
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