On Thursday, a wealth of European economic news is expected, primarily centered around key data from Germany and the UK. This will include statistics on Germany's retail sales, unemployment rate, and flash inflation. Mortgage approvals from the UK are also due to be released.
Destatis, Germany's federal statistics office, is set to publish data on retail sales and unemployment at 2.00 am ET. Retail sales for January are projected to have increased by 0.5%, compared to a decrease of 1.6% in December.
Meanwhile, data on retail sales and household consumption from Norway, along with Sweden's final GDP and retail sales figures are due for publication.
The French statistical office, INSEE, plans to disclose revised GDP, household spending, and flash consumer prices data at 2.45 am ET. Expected figures suggest that flash consumer price inflation decreased to 2.7% in February, down from 3.1% in January.
At 3.00 am ET, Austria's final GDP and producer prices are due for release. Further data include Spanish flash inflation and Switzerland's quarterly national accounts; the latter suggesting an estimated growth of 0.1%, which is slower than the 0.3% expansion recorded in the third quarter.
Germany's unemployment data is expected at 3.55 am ET, with predictions suggesting an unchanged jobless rate of 5.8% for February.
At 4.00 am ET, the final GDP from Poland and industrial sales from Italy are scheduled for release. At 4.30 am ET, the Bank of England is set to publish January's UK mortgage approvals which are anticipated to rise to 52,000, up from 50,460 the previous month.
Finally, Destatis is due to release Germany's flash consumer and harmonized price data for February at 8.00 am ET. Predictions suggest a decrease in consumer price inflation from 2.9% in January to 2.6%.
