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European Economic News Preview Germany Final Inflation Data Due


European Central Bank European Union

Final Inflation Figures From Germany and Italy Due on Friday

Economic Indicators for April

Final inflation data from Germany and Italy are the major economic reports due on Friday, headlining a light day for the global economic calendar.

Germany

At 2:00 am ET, Destatis releases Germany's final consumer and harmonized prices for April. The consumer price index is expected to rise 7.4% year-over-year following a 7.3% increase in March. The harmonized index of consumer prices, or HICP, is seen climbing 7.8% after a 7.6% increase in the previous month.

Italy

At 2:30 am ET, Istat releases Italy's final consumer price data for April. The consumer price index is expected to advance 6.2% annually following a 6.5% increase in March. The core CPI, which excludes energy and fresh food, is forecast to rise 1.9% after a 1.5% increase in the previous month.



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