European Economics Preview: UK Inflation Data Due

Inflation data is due from the UK on Wednesday, headlining a light day for the European economic news.

At 2.00 am ET, the European Automobile Manufacturers Association is set to release new passenger car registrations for September.

At 4.00 am ET, industrial production and producer prices are due from Poland. Industrial output is expected to grow 5.3 percent on month in September following a 0.8 percent rise in August. At the same time, producer price inflation is seen at 2.9 percent versus 3 percent a month ago.

At 4.30 am ET, the Office for National Statistics is scheduled to issue consumer and producer prices for September. UK inflation is expected to ease slightly to 2.6 percent from 2.7 percent in August.

UK output price inflation is forecast to remain unchanged at 2.9 percent in September. Meanwhile, input price inflation is seen rising to 9.2 percent from 8.7 percent a month ago.

At 5.00 am ET, Eurostat publishes euro area final consumer prices and construction output figures. According to preliminary estimate, inflation rose to 2.1 percent in September from 2 percent in August.