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Economy And The Numbers

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Belgium's consumer prices increased for the second straight month in May to mark the highest rate of inflation in more than a year, figures from Statistics Belgium showed Thursday. The consumer price index rose 0.56 percent year-over-year in May, faster than previous month's 0.29 percent climb. In...

Ireland's retail sales growth quickened for a fifth consecutive month in April, figures from the Central Statistics Office showed Thursday. The retail sales volume climbed a seasonally adjusted 11.9 percent year-over-year in April, faster than March's revised 9.9 percent increase. Double-digit...

Portugal's consumer confidence dropped for the second straight month in May, albeit marginally, figures form Statistics Portugal showed Thursday. The consumer confidence indicator fell to -19.7 in May from -19.4 in the previous month. In March, the reading was -19.2, which was the highest level of...

Italy's consumer confidence weakened for the second straight month in May, and business sentiment also fell, defying economists expectations for further improvement, survey figures from ISTAT showed Thursday. The consumer confidence index dropped to a four-month low of 105.7 from April's revised 108.0....

Slovakia's consumer confidence dropped sharply in May to its lowest level nearly two years, survey data from the Statistical Office of the Slovak Republic showed Thursday. The seasonally adjusted consumer confidence index fell to -17.9 in May from -8.5 in April. The measure dropped for a third consecutive...

South Africa's producer price inflation eased unexpectedly in April, though slightly, figures from Statistics South Africa showed Thursday. The producer price index for final manufactured goods rose 3.0 percent year-over-year in April, slower than previous month's 3.1 percent climb. Economists had...

Eurozone economic confidence remained unchanged in May, survey results from the European Commission showed Thursday. The economic sentiment index held steady at 103.8 in May, while it was forecast to fall to 103.5. The April figure was revised up from 103.7. The stabilization in sentiment resulted...

UK mortgage approvals climbed for a fourth straight month in April to its highest level in ten months, data from the British Bankers' Association revealed Thursday. The number of loans approved for house purchase rose to a seasonally adjusted 42,116 from March's upwardly revised 39,203. Economists had predicted 39,300 approvals for April.

Hong Kong's exports increased at a faster-than-expected pace in April, figures from the Census and Statistics Department showed Thursday. Exports climbed 2.2 percent year-over-year in April, reversing a 1.8 percent decline in the previous month. Economists had expected a 1.7 percent growth for the...

Corrects fourth para to show production side The U.K. economy grew at a slower pace as initially estimated in the first quarter, second estimates published by the Office for National Statistics showed Thursday. Gross domestic product expanded 0.3 percent in the first quarter, which was weaker than...

The European Central Bank will not break rules to provide any short-term financing for Greece, ECB Governing Council member Ewald Nowotny said on Thursday, damping speculation that the bank may loosen its stance on the cash-strapped country. "We do not have flexibility to do, let's say, some financing outside our rules," Nowotny said in an interview to the broadcaster CNBC.

Austria's manufacturing sector expanded for the second straight month in April, as output rose at the strongest rate in nine months, survey figures from Markit Economics showed Thursday. The seasonally adjusted Bank Austria purchasing managers' index rose marginally to 50.3 in May from 50.1 in the...

Slovak industrial producer prices fell at a stable pace in April, due to a decline in prices of manufacturing and mining and quarrying, figures from the Statistical Office of the Slovak Republic showed Thursday. The producer price index fell 2.9 percent year-over-year in April, the same rate of decline...

Norway's unemployment rate rose 0.3 percentage points in March, Statistics Norway reported Thursday. The jobless rate came in at seasonally adjusted 4.1 percent in March compared to 3.8 percent in December. The rate matched economists' expectations. The rate for March indicates the average of February...

Spain's retail sales growth accelerated unexpectedly in April, figures from the statistical office INE showed Thursday. Retail sales climbed a seasonally and calender-adjusted 4.0 percent year-over-year in April, faster than March's 3.2 percent hike. Economists had expected the growth to ease to 2.6...

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