Consumer prices from the UK and euro area are due on Wednesday, headlining a light day for the European economic news.
At 2.00 am ET, the European Automobile Manufacturers Association is set to release new car registrations data for March. Sales had advanced 4.3 percent on year in February.
At 4.00 am ET, Italy’s Istat releases industrial orders for January. Orders had declined 4.5 percent on month in December.
In the meantime, Poland’s average gross wages data for March is due. Economists forecast wages to climb 6.5 percent year-on-year after rising 6.8 percent in February.
At 4.30 am ET, the Office for National Statistics releases UK consumer and producer prices for March. Consumer price inflation is seen unchanged at 2.7 percent in March.
At the same time, output prices are forecast to climb at a slower pace of 2.3 percent after rising 2.6 percent in February. Meanwhile, input price inflation is expected to rise to 4.3 percent from 3.4 percent a month ago.
At 5.00 am ET, Eurostat publishes euro area final inflation and construction output data. Inflation is seen at 1.4 percent in March, the same rate as estimated initially.