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Italy's service sector expanded for the fifth consecutive month in July, but the rate of growth eased more-than-expected, survey figures from Markit Economics showed Wednesday. The headline seasonally adjusted Markit/ADACI Business Activity Index fell to 52.0 in July. Economists had expected the index...

The rate of expansion in Eurozone economic activity slowed slightly at the start of the third quarter, final data from Markit Economics showed Wednesday. Nonetheless, growth remained close to June's four-year high. The composite output index fell to 53.9 in July from 54.2 in June. It was above the...

Switzerland's consumer prices dropped at a faster-than-expected pace in July, figures from the Federal Statistical Office showed Wednesday. The consumer price index dropped 1.3 percent year-over-year in July, faster than June's 1.0 percent decrease. Economists had expected the index to fall 1.0 percent....

Spain's service sector continue to expand in July and the pace of growth quickened unexpectedly to the highest in three months, survey data from Markit Economics showed Wednesday. The Purchasing Managers' Index for the service sector rose to 59.7 in July from 56.1 in June. It was forecast to fall...

Czech retail sales growth improved in June after easing in the previous month, figures from the Czech Statistical Office showed Wednesday. Retail sales excluding automobile trade climbed an unadjusted 6.9 percent year-over-year in June, faster than May's 5.4 percent rise. It was the highest rate of...

Hungary's retail sales growth quickened unexpectedly in June, preliminary data from the Hungarian Central Statistical Office showed Wednesday. Retail sales advanced by a calendar-adjusted 6.2 percent year-on-year in June, faster than the 5.4 percent increase seen in May. Economists had expected an...

Sweden's service sector growth accelerated in July, largely supported by the increase in business volume, figures from the Swedbank showed Wednesday. The purchasing managers' index, or PMI, rose to 56.6 in July from 54.9 in the previous month. Any reading above 50 indicates expansion in the sector. The...

EEP3-091614_05Aug15.jpg Retail sales and final Purchasing Managers' survey from euro area are due on Wednesday, headlining a busy day for the European economic news.

The U.K. economy is set to see a reasonable pace of growth in the second half of the year driven by consumption and business investment, the National Institute of Economic and Social Research said Wednesday. The growth outlook for 2015 was retained at 2.5 percent. The think tank said growth will...

Shop prices in the United Kingdom were down 1.4 percent on year in July, the British Retail Consortium said on Wednesday - after slipping 1.3 percent in June. Food prices were up 0.1 percent on year, following the 0.4 percent decline in June - but non-food prices tumbled an annual 2.3 percent. Home...

Property prices in Switzerland increased notably in the three months ended June, figures from the UBS bank showed Tuesday. The UBS Swiss Real Estate Bubble Index rose by 0.10 points to 1.37 in the second quarter from 1.27 in the previous quarter. The latest increase was the biggest since the fourth...

The U.K. is set to miss the government's target of hitting GBP 1 trillion worth of exports by 2020 by 14 years, the annual International Trade Survey published by the British Chambers of Commerce showed Tuesday. In 2014, the trade deficit totaled GBP 34 billion, while services showed its highest...

Romania's central bank left its key interest rate unchanged at a record low on Tuesday as expected by economists. The Board of the National Bank of Romania maintained its monetary policy rate at 1.75 percent. The central bank has lowered the rate steadily from 3.5 percent since August last year. The...

Eurozone producer prices declined as expected in June, largely due to cheaper energy costs, figures from Eurostat showed Tuesday. Producer prices fell 2.2 percent year-over-year in June, in line with expectations, but faster than previous month's 2.0 percent decrease. Excluding energy, producer...

U.K. construction sector growth slowed unexpectedly in July with business activity and incoming new work expanding at slower rates, survey results from Markit Economics showed Tuesday. The Markit/Chartered Institute of Procurement & Supply construction Purchasing Managers' Index fell to 57.1 in July...

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