RTTNews - Thursday, several statistical data releases are due from European economies, of which industrial new orders data for the euro area is expected to dominate the scene.

At 2.00am ET, Germany's Federal Statistical office is due to release building industry statistics for the month of April.

An hour later, Czech statistical office is expected to announce results of the economic tendency survey for June.

At the same time, Spanish producer price data for May is due. According to economists, producer prices would decline 4.5% year-on-year in May after falling 3.4% in April.

Hungarian retail sales report is also due at 3.00am ET. Retail sales are expected to decline 4.6% year-on-year in April.

Sweden's consumer confidence and manufacturing confidence are expected to rise in June. The National Institute of Economic Research is likely to announce results of the latest economic tendency survey at 3.15am ET. Consumer morale is predicted to rise to minus 8.8 in June from the previous month's minus 11.

Italy's economic think tank, ISAE would be releasing results of the confidence surveys conducted in various sectors of the economy at 3.30am ET. The business confidence indicator is forecast to rise to 70 in June from 68.7 in May. Retailers' and service sector confidence survey results are also due.

Thereafter, the Netherlands' statistical office would be announcing final figures for first quarter economic performance. The Dutch economy is likely to contract 4.5% year-on-year and 2.8% sequentially.

The statistical agency is also due to release consumer spending report for April and producer confidence report for June.

Further, Sweden's producer price inflation is expected to rise to 3.5% from 3.2% annually.

At 4.00am ET, a report on Italy's trade balance with Non-Eu countries is due from Istat. At the same time, Poland's statistical agency is expected to release reports on May retail sales and June unemployment.

Industrial new orders data for Eurozone is due at 4.00am ET, which according to economists will fall 32.8% year-on-year in April and would be stabilizing on a monthly basis.

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