European Economics Preview: U.K. Foreign Trade Data Due

Foreign trade from the U.K. and industrial output from France are due on Friday, headlining a light day for the European economic news.

At 2.45 am ET, the French statistical office Insee is set to publish industrial output data for August. Industrial output is expected to rise 0.6 percent on a monthly basis, reversing a 0.8 percent fall in July.

At 3.00 am ET, the Czech Statistical Office is scheduled to issue consumer prices for September. Inflation is seen unchanged at 0.3 percent.

Hungary's preliminary foreign trade figures are also due at 3.00 am ET. The trade surplus is forecast to fall to EUR 645 million in August from EUR 646 million in July.

At 4.00 am ET, Italy's industrial output data is due. Economists forecast production to drop 0.3 percent on a monthly basis in August following a 1.1 percent rise in July.

In the meantime, Statistics Norway releases consumer price figures for September. Inflation is expected to rise to 2.2 percent in September from 2 percent in August.

At 4.30 am ET, the Office for National Statistics publishes U.K. foreign trade data. The visible trade deficit is seen narrowing to GBP 9.92 billion in August from GBP 11.08 billion in July.

Greece's consumer prices are due at 5.00 am ET. Prices are forecast to drop 1.5 percent year-on-year in September, the same rate of decline as seen in August.