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The Czech central bank left its key interest rate on Thursday, and reaffirmed its currency ceiling, in line with economists' expectations. The Czech National Bank Board kept the benchmark two-week repo rate at 0.05 percent. The discount rate was held steady at 0.05 percent and the lombard rate at...

euroeconomicconfidence-092916.jpg Eurozone economic sentiment rebounded strongly to an eight-month high in September from a five-month low in the previous month, mainly driven by the improvement in industrial and retailers' confidence, survey data from the European Commission showed Thursday. The economic sentiment index climbed to 104.9 from 103.5 in August. Economists had forecast an unchanged reading.

German consumer prices rose at the fastest pace in 16 months during September, preliminary data from Destatis showed Thursday. The consumer price index climbed 0.7 percent year-on-year following 0.4 percent increase in the each of the previous two months. Economists had forecast 0.6 percent inflation. The...

Portugal's consumer confidence improved for the first time in four months in September, while economic sentiment stabilized, survey figures from Statistics Portugal showed Thursday. The consumer confidence index rose to -11.3 in September from -12.7 in the previous month. In July, the reading was...

The Spanish economic growth this year is set to be better than expected earlier, though the pace of expansion is likely to ease in the next two years, as the impact of supporting factors weaken, the Bank of Spain said Thursday. Gross domestic product is set to grow 3.2 percent this year, which was...

Belgium's consumer price inflation eased for the second straight month in September, figures from Statistics Belgium showed Thursday. The consumer price index rose 1.87 percent year-over-year in September, slower than previous month's 2.16 percent climb. Moreover, inflation came below 2.0 percent...

The German economy is set to grow less than previously estimated this year, leading economic institutes said in a joint report released Thursday. In the Joint Economic Forecast, the agencies said the economy is experiencing a moderate upturn. Gross domestic product is forecast to grow 1.9 percent...

Croatia's industrial production growth accelerated in August, after easing in the previous month, figures from the Croatian Bureau of Statistics showed Thursday. Industrial production climbed 2.5 percent year-over-year in August, faster than July's 1.2 percent gain. Manufacturing production rose...

Iceland's consumer price inflation accelerated in September to the highest level in seven months, figures from Statistics Iceland showed Thursday. The consumer price index climbed 1.8 percent year-over-year in September, faster than the 0.9 percent rise in the previous month. The latest rate...

U.K. mortgage approvals declined in August to the lowest since late 2014, the Bank of England reported Thursday. The number of mortgages approved in August dropped to 60,058 from 60,925 in July. This was the lowest since November 2014, when mortgages totaled 59,392. The level was expected to fall...

Eurozone economic sentiment rebounded strongly in September to its highest level thus far this year from a five-month low in the previous month, survey data from the European Commission showed Thursday. The economic sentiment index climbed to 104.9 from 103.5 in August. Economists had forecast an...

Austria's manufacturing activity expanded at the fastest pace in three months in September, driven by stronger growth of output and new orders, survey figures Markit Economics showed Thursday. The seasonally adjusted Bank Austria Purchasing Managers' Index, or PMI, rose to 53.5 in September from 52.1...

German unemployment increased unexpectedly in September, reports said citing the Federal Labor Agency on Thursday. The number of people out of work increased by 1,000 to 2.68 million, confounding expectations for a decrease of 5,000. The jobless rate remained unchanged at a seasonally adjusted...

Spain retail sales declined for the first time in three months during August, preliminary data from the statistical office INE showed Thursday. Retail sales decreased 0.9 percent from July, when they rose 0.6 percent. The latest drop was the first since May, when sales fell at the same pace. A...

Slovakia's consumer confidence improved for the second straight month in September, figures from the Statistical Office of the Slovak Republic showed Thursday. The consumer confidence index rose to -5.1 in September from -9.1 in August. Households' expectations regarding their own financial situation...

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