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Ireland's retail sales declined in August after rebounding in July, the Central Statistics Office reported Wednesday. Retail sales volume dropped 4.7 percent month-on-month, reversing a double-digit 13.8 percent growth seen in July. On a yearly basis, retail sales volume growth eased to 5.2 percent...

MinoucheShafik-092816.jpg More monetary policy easing will be required at some point in the U.K. to avoid the economic slowdown to become more pernicious in the wake of EU referendum, Bank of England Deputy Governor Minouche Shafik said Wednesday. In a speech, text of which was put on the BoE website, Shafik said the likely timing of stimulus will depend on the continued evolution of the data.

Italy's consumer confidence dropped for a second straight month to its lowest level in 14 months during September, while factory morale rebounded, survey data from ISTAT showed Wednesday. The consumer confidence index declined to 108.7 from 109.1 in August, revised from 109.2. Economists were looking...

Mortgages taken on homes declined in July from a year ago, data from INE showed Wednesday. The number of mortgages on homes decreased 14.9 percent year-on-year in July to 18,706. In June, mortgages rose 15.5 percent. Home mortgages plunged 26 percent compared to the previous month. The average...

Bank of England Deputy Governor Minouche Shafik said more easing will be required at some point to ensure that a slowdown in economic activity does not turn into more pernicious. The UK faces a sizeable economic shock in the wake of the referendum, she said in a speech on Wednesday. Shafik noted...

Sweden's economic sentiment strengthened to a 5-month high in September, survey data from the National Institute of Economic Research showed Wednesday. The economic tendency index, which measures business and consumer confidence, rose to 103.0 in September from 100.1 in August. This was the highest...

Carney-BOE-092816.jpg The U.K. economy is currently experiencing a period of uncertainty and adjustment following the Britons' surprise vote in June to leave the European Union, but the longer term prospects are positive, Bank of England Governor Mark Carney said in an interview published Wednesday.

French consumer sentiment remained unchanged in September, survey data from the statistical office Insee showed Wednesday. The consumer confidence index held steady at 97. The score remained below its long-term average of 100. Households' opinion of their personal financial situation in the past...

Slovakia producer prices declined in August from a year ago, extending its falling trend that began in early 2013, preliminary data from the Statistical Office of the Slovak Republic showed Wednesday. The industrial producer price index dropped 4.6 percent year-on-year in August, same as in July....

Norway's retail sales increased less than expected in August, figures from Statistics Norway revealed Wednesday. Retail sales grew 0.4 percent on a monthly basis in August, slower than the 0.6 percent rise economists had expected. Year-on-year, retail sales volume excluding motor vehicles, declined...

The U.K. economy is currently experiencing a period of uncertainty and adjustment following the Britons' surprise vote to leave the European Union, but the longer term prospects are positive, Bank of England Governor Mark Carney said in an interview to the Herald Scotland. "As all of the MPC said...

German consumer confidence is set to drop in October due to rising terror threat and the decision taken by the British public to leave the European Union, survey data from GfK showed Wednesday. The forward-looking consumer sentiment index fell to 10.0 in October from 10.2 in September. The score...

A measure of Swiss consumption climbed in August on the back of a resurgence in tourism and above-average car sales, survey data from the investment bank UBS showed Wednesday. The UBS Consumption Indicator rose to 1.53 points from 1.45 in July, which was revised from 1.32. The increase was was...

EEP06-011515_28Sep16.jpg Consumer confidence from Germany and Italy are due on Wednesday, headlining a light day for the European economic news.

Emerging markets have emerged as significant source of spillovers that shape the global economic outlook and non-economic shocks are also playing a key role, the International Monetary Fund said in a report on Tuesday. "Possible bumps around China's transition count among the risks to the global...

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