European Economic News Preview: Italy Final Inflation Data Due

Final inflation from Italy and economic forecast from Switzerland are due the top economic news due on Monday.

At 3.00 am ET, the State Secretariat for Economic Affairs is scheduled to issue Swiss economic forecast.

In the meantime, producer price data is due from the Czech Republic.

At 4.00 am ET, Italy’s statistical office ISTAT publishes final consumer and harmonized prices for May. The initial estimate showed that consumer price inflation held steady at 0.8 percent in May.

At 5.00 am ET, labor cost data is due from Eurozone. The labor cost index is forecast to rise 4.9 percent in the first quarter after rising 3.4 percent in the preceding period.

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