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European Economics Preview: Germany Ifo Business Confidence Data Due

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(RTTNews) – Business sentiment survey data from Germany is due on Monday, headlining a light day for the European economic news.

At 2.00 am ET, Statistics Finland releases producer and import prices for September.

At 4.00 am ET, the Turkish Statistical Institute is slated to issue manufacturing sentiment data for October.

In the meantime, Spain’s INE issues producer prices and unemployment data. The jobless rate is forecast to rise to 16.7 percent in the third quarter from 15.33 percent in the second quarter.

At 5.00 am ET, Germany’s ifo business confidence survey results are due. Economists forecast the business sentiment index to drop to 93.0 in October from 93.4 in the previous month.