Eurozone retail sales declined more than expected in April reflecting decreases in non-food and auto fuel sales, data from Eurostat showed Thursday. Retail sales fell 0.4 percent on a monthly basis in April, in contrast to the 0.8 percent rise in March. Sales were expected to drop 0.3 percent.
Germany's construction activity continued to contract sharply in May with firms recording a sustained fall in activity alongside soaring input costs, survey data from S&P Global showed Thursday. The construction Purchasing Managers' Index posted 42.4 in May, up from April's 13-month low of 42.1.
The Czech Republic's consumer price inflation moderated in May from a 6-month high in the previous month. Consumer prices climbed 2.1 percent year-over-year in May, slower than the 2.5 percent increase in April. Economists had expected the inflation to ease to 2.3 percent. Prices for food and non-alcoholic beverages declined at a faster pace of 1.9 percent, while energy costs grew 1.8 percent.
Spain's industrial production increased for the second straight month in April, data from the statistical office INE showed Thursday. Industrial output grew by calendar-adjusted 2.0 percent on a yearly basis, slightly faster than the 1.9 percent rise in March. This was the second consecutive rise...
Switzerland's consumer price inflation held steady in May after rising to a 16-month high in the previous month. The consumer price index climbed 0.6 percent yearly in May, the same as in the previous month. Costs for housing and energy were 1.5 percent higher compared to last year, while those for food and non-alcoholic beverages continued to decline by 1.2 percent.
Sweden's consumer price inflation increased more-than-expected in May to the highest level in seven months. The consumer price index, or CPI, rose 0.8 percent year-over-year in May, reversing April's renewed fall of 0.1 percent. The upward trend in inflation was mainly driven by higher energy and services prices. On a monthly basis, consumer prices increased 1.0 percent, flash data said.
Estonia's industrial production declined for the third straight month in April, and at the fastest pace in more than one-and-a-half years. The volume of industrial production contracted 3.8 percent year-on-year in April, following a 2.9 percent decrease in March. Among sectors, energy production plunged 14.9 percent from last year, and a 3.2 percent decline was seen in manufacturing output.
Retail sales from the euro area and construction purchasing managers' survey results from Germany are the top economic news due on Thursday. At 2.30 am ET, consumer price data is due from Switzerland. Inflation is forecast to accelerate to 0.8 percent in May from 0.6 percent in April.
Consumer price inflation in Luxembourg eased in May from a 4-month high in the previous month. The consumer price index rose 2.3 percent year-on-year in May, slower than the 3.1 percent increase in April. Inflation based on food and non-alcoholic beverages eased to 2.0 percent from 2.4 percent, while energy prices continued to increase sharply by 16.1 percent.
The UK service sector contracted in May as output levels dropped for the first time in just over a year, final survey results from S&P Global showed Wednesday. The final services Purchasing Managers' Index dropped to 49.3 in May from 52.7 in April. The flash reading was 47.9.
Eurozone producer price inflation accelerated in April on surging energy prices, data from Eurostat showed Wednesday. The producer price index posted an annual increase of 4.9 percent in April, following March's 2.0 percent rise. Prices were forecast to climb 4.8 percent. Excluding energy, producer...
The euro area private sector logged back-to-back contractions in May, marking its biggest fall in 18 months, final survey data from S&P Global showed Wednesday. The final composite output index dropped to 48.5 in May from 48.8 in April. A score below the threshold 50.0 indicates contraction. However, the score was above the flash estimate of 47.5.
The Austrian economy expanded as initially estimate in the first quarter. Gross domestic product advanced 0.2 percent sequentially, the same as in the previous quarter, revised from a flat change seen in the flash estimate. This growth was attributed primarily to the manufacturing of goods and public consumption. On an annual basis, GDP growth slowed to 0.9 percent from 1.0 percent.
Romania's producer price inflation accelerated further in April to the highest level in three years. The producer price index climbed 10.3 percent yearly in April, much faster than the 6.8 percent increase in March. Prices for the energy industry alone grew 20.5 percent, and those for the intermediate goods showed a price growth of 7.4 percent.
The Swedish service sector growth rebounded somewhat in May, though it remained below its historical average. The purchasing managers' index, or PMI, for the services sector rose to 53.9 in May from 52.6 in April. Among components, the sub-index for new orders made the largest positive contribution to the increase in PMI services, followed by employment and delivery times.
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.