Key Economic Reports: Eurozone Inflation, UK Mortgage Approvals, and PMI Data

Several significant economic reports are set for release on Monday, including Eurozone inflation data, final factory Purchasing Managers' Index (PMI) results, and UK mortgage approvals.

Early in the day, at 2:00 AM ET, Turkey will publish its consumer and producer price data. Analysts expect inflation to decline to 39.9% in February from 42.12% in January.

At 3:15 AM ET, S&P Global will release Spain's manufacturing PMI figures, with forecasts suggesting a rise to 51.3 in February from 50.9 in January. Shortly after, at 3:45 AM ET, Italy’s HCOB manufacturing PMI data will be available, with expectations of a slight increase to 46.6 from 46.3 the previous month.

France's final factory PMI report is scheduled for 3:50 AM ET, with the index anticipated to remain steady at 45.5, consistent with the flash estimate. Meanwhile, Germany's final PMI data, set for release at 3:55 AM ET by S&P Global, is expected to confirm an increase to 46.1 from January's 45.0.

At 4:00 AM ET, the Eurozone’s final manufacturing PMI results will be published. The index is projected to align with the flash estimate at 47.3, showing a slight drop from January's 46.6.

The Bank of England is set to release UK mortgage approvals data at 4:30 AM ET. Projections suggest a decline in approved mortgages to 66,000 in January from 66,500 in December.

Simultaneously, the UK’s final services PMI report from S&P Global will also be made available.

Finally, at 5:00 AM ET, Eurostat will publish flash inflation figures for the Eurozone. Economists predict inflation will ease to 2.3% in February from 2.5% in January, reflecting ongoing economic adjustments.