European Week Ahead September 14 September 20

Economics Research 14 September 2026 | 12:58AM BST

European Week Ahead: September 14 - September 20

The key data releases this week are the labour market and CPI reports and the BoE rate Sven Jari Stehn | decision in the UK, industrial production and final inflation details in the Euro area, and the Goldman Sachs International

labour market report in Sweden. Filippo Taddei | Goldman Sachs International

Euro Area Alexandre Stott | Monday 14 September Goldman Sachs Bank Europe SE - Paris Branch 10:15 ECB’s Schnabel speaks James Moberly | Ms Schnabel delivers a keynote speech at the Federal Ministry for Economic Affairs Goldman Sachs International and Energy symposium on European competitiveness in Berlin. Niklas Garnadt | 14:00 ECB’s Cipollone speaks Goldman Sachs Bank Europe SE

Mr Cipollone delivers a speech at an event at the House of the Euro in Brussels. Katya Vashkinskaya | 16:15:00 ECB’s Lagarde speaks Goldman Sachs International

Giovanni Pierdomenico Ms Lagarde delivers a keynote speech and takes part in a panel discussion at the | “Hofburg im Dialog – Economy, Europe, Resilience” event in Vienna. Goldman Sachs International

Tuesday 15 September 07:45 French HICP YoY, Aug F (GS 2.7%yoy, consensus 2.7%yoy, last 2.7%yoy)

08:00 Spanish HICP YoY, Aug F (GS 4.5%yoy, consensus 4.5%yoy, last 4.5%yoy)

10:00 Euro Area Trade Balance SA, Jul (last 1.8bEUR Mn)

10:00 German ZEW Survey Expectations, Sep (consensus 40.0, last 34.2)

10:00 Euro Area ZEW Survey Expectations, Sep (last 31.4)

10:00 German ZEW Survey Current Situation, Sep (consensus -52.1, last -61.1)

Mr Cipollone participates in a panel at a conference on European financial-market regulation and supervision in Frankfurt.

Wednesday 16 September 09:00 Italian HICP YoY, Aug F (GS 3.2%yoy, consensus 3.2%yoy, last 3.2%yoy)

10:00 Euro Area Labour Costs YoY, 2Q F (last 3.1%yoy)

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Goldman Sachs European Week Ahead

10:00 Euro Area Industrial Production SA MoM, Jul (GS -0.2%mom, consensus -0.4%mom, last 0.0%mom)

We estimate that area-wide industrial production edged down by -0.2%mom in July, reflecting weak prints in Germany and France that were only partly offset by firmer releases in Ireland and the periphery.

Mr Vujčić chairs the policy panel, “Geoeconomics and Trade: Risks, Resilience and Policy Responses,” at the ECB Annual Research Conference in Frankfurt.

Mr Elderson delivers the opening keynote speech at the Nature Finance and Resilience Day of Climate Finance Week Ireland in Dublin.

Thursday 17 September 8:00 ECB’s Lane speaks

Mr Lane chairs Paul Krugman’s Jean Monnet lecture, “Economic Size and Economic Power,” at the ECB Annual Research Conference in Frankfurt.

10:00 Euro Area CPI YoY, Aug F (GS 3.3%yoy, consensus 3.3%yoy, last 3.3%yoy)

10:00 Euro Area CPI Core YoY, Aug F (GS 2.4%yoy, consensus 2.4%yoy, last 2.4%yoy)

Friday 18 September 07:00 German PPI YoY, Aug (consensus 3.9%yoy, last 3.0%yoy)

10:00 Euro Area Construction Output MoM, Jul (last -1.3%mom)

Ms Lagarde participates in the press conference following the Eurogroup and informal ECOFIN meetings in Dublin.

United Kingdom Tuesday 15 September 07:00 Payrolled Employees Monthly Change, Aug (GS -5k, consensus -10k, last -13k)

07:00 Employment Change 3M/3M, Jul (consensus 69k, last 84k)

07:00 Weekly Earnings ex Bonus 3M/YoY, Jul (GS 3.5% consensus 3.5%3m/yoy, last 3.5%3m/yoy)

07:00 Private Earnings ex Bonus 3M/YoY, Jul (GS 2.8%, consensus 2.8%3m/yoy, last 2.8%3m/yoy)

07:00 Average Weekly Earnings 3M/YoY, Jul (GS 3.9%, consensus 3.9%3m/yoy, last 4.1%3m/yoy)

07:00 ILO Unemployment Rate 3Mths, Jul (GS 5.0%, consensus 5.0%, last 4.9%)