13.02.202405:23:00UTC+00European Economic News Preview: UK Unemployment Data Due

The key economic news for Tuesday will focus on unemployment data from the UK and France, making it a significant day for European economic updates.

French statistical office INSEE is set to release unemployment figures for the fourth quarter at 1.30 am ET. The prediction by economists is for the unemployment rate to remain consistent at 7.4 percent.

Following this, at 2.00 am ET, the Office for National Statistics will be publishing UK unemployment figures for December. Projections suggest a jobless rate of 4.0 percent in the fourth quarter, representing a slight downturn from 4.2 percent in the three months up to November.

At approximately 2.30 am ET, there will be updates on consumer prices from Switzerland and final industrial output from Hungary. Swiss inflation is anticipated to maintain its existing 1.7 percent level in January.

At 5.00 am ET, the economic sentiment index results from Germany's ZEW economic confidence survey are due to be announced. Forecasts indicate a rise to 17.5 percent in February, an increase from 15.2 percent recorded in January.