European Week Ahead

Latest edition · August 28, 2026

European Week Ahead August 31 September 6

Goldman Sachs previews the key European macroeconomic data releases for the week of August 31 to September 6, 2026. Major highlights include preliminary August HICP inflation for Germany (3.1% yoy), Italy (3.4% yoy), and the Euro Area (3.35% yoy), along with final August PMIs and Swiss Q2 GDP.

In this European Week Ahead update, Goldman Sachs outlines expectations for European economic data releases spanning August 31 to September 6, 2026. The primary focus centers on August preliminary HICP inflation figures, where headline inflation is expected to accelerate to 3.1% yoy in Germany, 3.4% yoy in Italy, and 3.35% yoy in the aggregate Euro Area, largely lifted by energy price increases and base effects. The week also features manufacturing and services PMI readings across the UK, Euro Area, Switzerland, and Sweden, Swiss Q2 GDP growth, and speeches from key ECB, BoE, and Riksbank officials.

Key takeaways from the latest edition

• 1.German headline HICP inflation is expected to increase to 3.1% yoy in August from 2.8% yoy in July, driven by services, core goods, and energy pressures.
• 2.Euro Area headline HICP inflation is forecast to rise to 3.35% yoy in August, while core inflation is forecast at 2.54% yoy.
• 3.Italian headline HICP inflation is projected to rise to 3.4% yoy in August from 2.9% in July, primarily driven by higher energy inflation and fuel prices.

What this series covers

• Euro Area
• United Kingdom
• Scandinavia
• Switzerland
• Disclosure Appendix

Edition archive

• European Week Ahead August 31 September 6

  August 28, 2026

• European Week Ahead August 10 - August 16

  August 7, 2026

• European Week Ahead July 27 - August 2

  July 27, 2026

• European Week Ahead July 6 - July 12(1)

  July 5, 2026

• European Week Ahead: June 22 - June 28

  June 22, 2026

• European Week Ahead June 15 - June 21

  June 12, 2026