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FX.co ★ European Economic News Preview: Italy Final Inflation Data Due

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typeContent_19130:::2024-06-17T05:31:00

European Economic News Preview: Italy Final Inflation Data Due

Key economic updates are expected on Monday from Italy and Switzerland.

At 3:00 AM ET, the State Secretariat for Economic Affairs will release the Swiss economic forecast.

Additionally, Czech Republic's producer price data will also be available around this time.

At 4:00 AM ET, Italy's statistical agency ISTAT will publish the final consumer price index (CPI) and harmonized prices for May. Preliminary figures indicated that the consumer price inflation rate remained stable at 0.8 percent in May.

At 5:00 AM ET, labor cost data from the Eurozone will be released. Expectations suggest that the labor cost index will rise by 4.9 percent in the first quarter, following a 3.4 percent increase in the previous quarter.

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