15.08.201802:15:00UTC+00European Economics Preview: UK Inflation Data Due

Consumer and producer prices data from the UK is due on Wednesday, headlining a light day for the European economic news.

At 3.00 am ET, unemployment data is due from Turkey. The jobless rate stood at 9.6 percent in April.

At 4.30 am ET, the Office for National Statistics releases UK consumer and producer prices for July. Inflation is forecast to rise slightly to 2.5 percent in July from 2.4 percent in June.

UK output prices are forecast to climb 3.1 percent annually and input prices to jump 10.4 percent.

UK house price data is also due at 4.30 am ET. Economists forecast house prices to climb 2.6 percent annually in June following a 3 percent rise in May.