RTTNews - Tuesday, major statistical reports expected from European economies include Eurozone producer prices and Switzerland's CPI.
At 3.00am ET, the National Institute of Statistics is set to release Romania's PPI and average nominal wages for June. In May, producer prices had increased 1.4% from the previous year.
At 3.15am ET, the Swiss Federal Statistical Office is scheduled to issue CPI details for the month of July. Economists forecast consumer prices to drop 0.5% month-on-month in July following a 0.2% rise in June. Year-on-year, prices are expected to fall 1.1%.
At 4.30am ET, the U.K. construction PMI is due. The PMI reading for July is seen at 45, up from 44.5 logged in June.
Half an hour later, the Eurostat is slated to issue Eurozone producer prices. After dropping 5.8% on a yearly basis in May, prices are forecast to drop 6.6% in June. Month-on-month, producer prices are predicted to rise 0.2%.
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