Top economic news scheduled for Wednesday includes the release of consumer and producer prices in the UK, as well as the final inflation figures from the euro area.
At 2:00 AM ET, the UK Office for National Statistics will publish data on consumer and producer prices for June. Economists predict a slight decrease in inflation to 1.9% from 2.0% in May. Additionally, output prices are anticipated to have increased by 1.8% year-on-year, following a 1.7% rise the previous month.
At 3:00 AM ET, the Czech Statistical Office will release June's producer prices.
Following that, at 4:30 AM ET, UK house price data for July will be available.
Finally, at 5:00 AM ET, Eurostat is expected to release the final consumer price index for the euro area for June. It is forecasted that inflation will ease modestly to 2.5%, aligning with initial estimates, from 2.6% in May.
