{"id":143288,"date":"2021-10-31T14:16:12","date_gmt":"2021-10-31T14:16:12","guid":{"rendered":"https:\/\/precoinnews.com\/?p=143288"},"modified":"2021-10-31T14:16:12","modified_gmt":"2021-10-31T14:16:12","slug":"european-economics-preview-eurozone-gdp-inflation-data-due","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/economy\/european-economics-preview-eurozone-gdp-inflation-data-due\/","title":{"rendered":"European Economics Preview: Eurozone GDP, Inflation Data Due"},"content":{"rendered":"
Quarterly national accounts from Eurozone and major euro area economies are due on Friday, headlining a busy day for the European economic news. <\/p>\n
At 1.30 am ET, the French statistical office Insee releases quarterly GDP data for the third quarter. The economy<\/span> is forecast to grow 2.1 percent sequentially, after rising 1.1 percent in the second quarter. <\/p>\n At 2.00 am ET, Destatis is set to issue import prices for September. Economists expect import prices to gain 17.7 percent on year, faster than the 16.5 percent rise in August. <\/p>\n At 2.45 am ET, flash consumer prices data from France is due. Consumer price inflation is forecast to rise to 2.5 percent in October from 2.2 percent in September. <\/p>\n At 3.00 am ET, GDP figures are due from Spain, the Czech Republic and Austria. Spain GDP is expected to climb 2.7 percent sequentially after rising 1.1 percent in the second quarter. <\/p>\n At 4.00 am ET, flash GDP data is due from Germany. The economy is forecast to grow 2.2 percent on quarter after climbing 1.6 percent in the second quarter. <\/p>\n In the meantime, Italy’s Istat publishes flash GDP data for the third quarter. Economists forecast the economy to expand 2 percent, following the 2.7 percent growth in the second quarter. <\/p>\n At 4.30 am ET, the Bank of England releases mortgage approvals data for September. The number of mortgages approved in September is seen at 70,950 versus 74,500 in August. <\/p>\n At 5.00 am ET, Eurostat publishes flash GDP and consumer price data. GDP is expected to advance 2 percent in the third quarter from the preceding period, when it climbed 2.2 percent. Inflation is seen at 3.7 percent in October versus 3.4 percent in September. <\/p>\n