India, Feb. 12 -- Industrial production from Italy is the only major economic report due on Wednesday, headlining a very light day for the European economic news.
At 3.00 am ET, the Czech Statistical Office releases revised consumer prices for January. The flash estimate showed that inflation eased to 2.8 percent from 3.0 percent in December. At 4.00 am ET, Italy's industrial production data is due. Economists forecast industrial output to fall 0.1 percent on month in December, in contrast to the 0.3 percent rise in November.
At 6.00 am ET, inflation data is due from Portugal.
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