logo

European Economic News

Share

Hungary's average gross earnings grew at the slowest pace in more than a year in May, the Central Statistical Office said Friday. Gross earnings increased 10.9 percent year-on-year in May, which was the weakest growth since February 2017. Economists had forecast earnings growth to slow to 11.2 percent...

Dutch consumer confidence remained unchanged in July, figures from the Central Bureau of Statistics showed Friday. The consumer sentiment index held steady at 23.0 in July. The indicator has remained above 20 since late 2016. Optimism about economic activity over the coming twelve months and their...

Germany's producer prices climbed at the fastest pace in nine months in June, Destatis reported Friday. Producer prices grew 3 percent year-on-year in June, faster than the 2.7 percent increase logged in May. The annual rate matched economists' expectations and was the fastest since September 2017. On...

ukflag-july20.jpg Public sector finance data from the UK is due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's producer price figures. Economists forecast producer prices to rise 3 percent annually in June, faster than May's 2.7 percent increase....

uksales-july19.jpg UK retail sales revealed a mixed bag as they unexpectedly declined in June, but the quarterly growth was robust, preliminary data from the Office for National Statistics showed Thursday. Retail sales dropped 0.5 percent from the previous month, while economists' were looking for a 0.2 percent increase. The decline came after a two months of strong growth. In May, sales rose 1.4 percent.

Irish economy contracted in the three months ended March, after expanding in the previous three quarters, preliminary data from the Central Statistics Office showed Thursday. In real terms, gross domestic product decreased 0.6 percent sequentially in the first quarter, reversing a 2.8 percent rise...

UK retail sales unexpectedly declined in June, but the quarterly growth rate was the fastest since 2015, preliminary data from the Office for National Statistics showed Thursday. Retail sales dropped 0.5 percent from the previous month, while economists' were looking for a 0.2 percent increase. The...

Czech producer price inflation accelerated at a faster-than-expected pace in June to the highest level in more than a year, figures from the Czech Statistical Office showed Thursday. Industrial producer prices climbed 2.9 percent year-over-year in June, faster than the 1.5 percent rise in May. That...

Switzerland's foreign trade surplus increased in the second quarter, data from the Federal Customs Administration showed Thursday. The trade surplus rose to CHF 4.6 billion in the June quarter from CHF 3.6 billion in the first quarter. In the same period of last year, the surplus totaled CHF 5.5...

Dutch unemployment rate held steady for the third straight month in June, in line with expectations, figures from the Central Bureau of Statistics showed Thursday. The seasonally adjusted jobless rate came in at 3.9 percent in June, the same rate as in the previous three months. In the corresponding...

ukinflationb-july18.jpg UK headline inflation held steady for a second straight month and the core measure eased, complicating the picture for the Bank of England that is widely expected to hike interest rates in August. Consumer prices climbed 2.4 percent year-over-year in June, the same rate of increase as in the previous two months.

Malta's EU measure of inflation accelerated for the third straight month in June, figures from the National Statistical Office showed Wednesday. The harmonized index of consumer prices, or HICP, rose at a faster rate of 2.0 percent annually in June, following a 1.7 percent increase in May. Prices...

UK house prices rose at their slowest pace in nearly five years during May, latest data from the Office for National Statistics showed Wednesday.

Poland's industrial production expanded at a faster-than-expected pace in June, figures from Statistics Poland showed Wednesday. Industrial production advanced 6.8 percent year-over-year in June, exceeding economists' forecast for an increase of 6.3 percent. Among components, manufacturing production...

Eurozone's construction output growth improved for a third straight month, preliminary data from Eurostat showed Wednesday. Construction output rose 1.8 percent year-on-year after a 1.2 percent increase in April. Output climbed for a third straight month after stagnation in February. Civil engineering...

Follow RTT