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Italy's economic growth improved slightly in the third quarter, led by strong performance in the service sector and non-construction industry, the Bank of Italy said Friday. Gross domestic product continued to grow at a steady pace in the third quarter, gaining 0.5 percent on the previous period,...

Ukflag-Pound-102017.jpg The UK budget posted the smallest budget deficit in a decade for the month of September, suggesting that the borrowing is on the course to undershoot the full-year target. Public sector net borrowing, excluding banks, decreased by GBP 0.7 billion from the previous year to GBP 5.9 billion in September, the Office for National Statistics said Friday.

Italy's current account surplus increased in August from the previous year, the Bank of Italy reported Friday. The current account surplus rose to EUR 3.68 billion from EUR 3.39 billion in the previous year. The trade in goods showed a surplus of EUR 3.58 billion compared to EUR 3.27 billion last...

Latvia's producer price inflation was unchanged in September, as an acceleration in domestic market price growth was offset by a slowing in that for exports, data from Central Statistical Bureau showed Friday. Overall producer price inflation was 3.3 percent, same as in August. The rate was the lowest...

Ireland's wholesale prices continued to decline in September, the Central Statistics Office reported Friday. Wholesale prices fell 2.7 percent year-on-year in September after easing 2.4 percent in August. This was the fourth consecutive drop in prices. At the same time, monthly fall in wholesale...

The UK budget deficit declined in September, the Office for National Statistics said Friday. Public sector net borrowing, excluding public sector banks, decreased by GBP 0.7 billion from the previous year to GBP 5.9 billion in September. This was the lowest September net borrowing since 2007. During...

The euro area current account surplus rose to the highest level in more than a year in August, the European Central Bank said Friday. The current account surplus rose to EUR 33.3 billion in August from EUR 31.5 billion in July. This was the highest since May 2016. The surplus on trade in goods...

Dutch house prices increased at a slower pace in September, data from the Central Bureau of Statistics showed Friday. House prices increased 7.3 percent year-on-year in September, slower than the 7.8 percent increase in August. A similar slower growth was last seen in March. Nonetheless, house...

Germany's producer prices increased at the fastest pace in five months in September, data from Destatis showed Friday. Producer price inflation rose more-than-expected to 3.1 percent in September from 2.6 percent in August. This was the fastest increase since April, when prices advanced 3.4 percent....

Estonia's producer price inflation slowed in September, Statistics Estonia reported Friday. Producer prices climbed at a pace of 4.5 percent on a yearly basis in September, after rising 4.7 percent in August. On a monthly basis, producer prices remained flat in September versus a 0.8 percent...

EEP06-011515_20Oct17.jpg Public sector finance from the UK and current account from euro area are due on Friday, headlining a light day for the European economic news.

Dutch consumer confidence remained stable in October and household spending grew at a slower pace in August, figures from the Central Bureau of Statistics showed Friday. The consumer sentiment index held steady at 23 points in October. Judgment on the economic climate as well as willingness to...

The European Central Bank do not have to wait until inflation reaches the target of 'below, but close to 2 percent' to normalize policy and now there are good arguments for slowing asset purchases, ECB Governing Council member Ewald Nowotny said in an interview published in an Austrian daily on Thursday....

Belgium's consumer confidence rose for a second straight month to its highest level since the middle of 2001, driven by the improved outlook for the economy and the unemployment situation, survey data from the National Bank of Belgium showed Thursday. The consumer confidence index climbed to 4 from...

The German Chamber of Industry and Commerce (DIHK) on Thursday raised the biggest euro area economy's growth forecast for this year and projected an acceleration in the pace of expansion next year, citing the prospect of further consumption gains, stronger exports and record investment intentions. Germany's...

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