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FX.co ★ European Economic News Preview: Eurozone Flash Inflation, Final Factory PMI Due

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typeContent_19130:::2024-10-01T07:01:00

European Economic News Preview: Eurozone Flash Inflation, Final Factory PMI Due

On Tuesday, key economic reports focusing on flash inflation and the final factory Purchasing Managers' survey results from the euro area are set to be released.

At 3:15 AM ET, the results of Spain's manufacturing Purchasing Managers' survey are expected. Economists predict a slight decline in the index to 50.2 in September from 50.5 in the preceding month.

Following that, at 3:45 AM ET, Italy's manufacturing PMI data will be made available. The index is anticipated to drop to 49.0 in September from 49.4 in August.

Subsequent releases will include the final PMI survey results from France and Germany, scheduled for 3:50 AM and 3:55 AM ET, respectively.

At 4:00 AM ET, the final factory PMI survey data for the Eurozone is due. Earlier estimates indicated that the index fell to 44.8 in September, down from 45.8 the previous month.

Then, at 4:30 AM ET, the UK S&P Global manufacturing PMI survey results will be released, with the final reading expected to remain steady at 51.5 in September, as per the flash estimate.

Lastly, at 5:00 AM ET, Eurostat is set to publish the euro area's final inflation data for September. Economists are forecasting inflation to decrease to 1.9 percent, compared to 2.2 percent in August.

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