2020.04.2205:01:00UTC+00European Economics Preview: UK Inflation Data Due

Consumer and producer price figures from the UK are due on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for March. Inflation is forecast to ease to 1.5 percent from 1.7 percent in February. Output price inflation is seen at 0.1 percent versus 0.4 percent in the previous month.

UK house price data is also due from the UK. Economists forecast house prices to climb 1.6 percent annually in February after rising 1.3 percent in January.

At 4.00 am ET, Italy's Istat releases industrial orders and turnover data for February.

In the meantime, retail sales data from Poland is due. Economists forecast sales to fall 4 percent on year in contrast to a 9.6 percent rise in February.

At 7.00 am ET, Turkey's central bank is set to announce its rate decision. The bank is expected to cut its key rate to 9.25 percent from 9.75 percent.

At 10.00 am ET, EU releases flash euro area consumer confidence survey data. Economist forecast the consumer sentiment index to fall to -19.6 in April from -11.6 in March.