Danske Daily - 8 December 2015

Published 12/08/2015, 04:21 AM
Updated 05/14/2017, 06:45 AM

In the euro area the second release of Q3 GDP figures is due. We expect growth of 0.3% q/q as shown by the preliminary numbers. The components will also be released and here we expect to see that private consumption has been the main driver.

In the UK data for the manufacturing and industrial production in October are due. Manufacturing production was solid in August and September, reversing the weakness in May-July. We look for a decline of 0.3% m/m in October due to the volatile nature of the data. That said, it is worth noting that there is a large overhang in manufacturing production, suggesting that it will probably not pull down growth in Q4 unless it surprises on the negative side during Q4.

There are no important data releases in Scandinavia today.

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