This week is a busy week for key Eurozone data releases, especially for Germany. German producer price information, French bonds and Irish consumer price figures are all out today.
Tomorrow we’ll have the first of the big data releases of the week, when Germany publishes its Purchasing Managers Index (PMI) data for the manufacturing and services sectors, as well as a composite figure, and the Eurozone releases the same data for the bloc as a whole.
Germany continues to be of interest into Wednesday, with business expectations, a current assessment and the well-respected IFO Business Climate Survey being announced. The EU also sees its consumer price information released, which will be a key piece of information as it will guide the actions of the European Central Bank, which will hope that inflation remains near the central bank’s 2% target.
Germany again takes centre stage on Thursday, releasing its GDP information, both quarter-on-quarter and year-on-year. Friday will see a quieter close to the week, with only Italian industrial sales figures scheduled.