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retailsales-uk-041918.jpg UK retail sales declined more-than-expected in March on unusually cold and adverse weather, official data revealed Thursday. Retail sales including auto fuel, dropped 1.2 percent month-on-month in March, in contrast to a 0.8 percent rise in February, the Office for National Statistics reported. Sales were forecast to fall 0.6 percent.

Poland's industrial production grew at a slower-than-expected pace at the end of the first quarter, figures from Statistics Poland showed Thursday. Industrial production climbed 1.8 percent year-on-year in March, slower than the expected 3.0 percent rise. Among components, manufacturing advanced...

Italy's current account surplus decreased in February from a year ago, the Bank of Italy reported Thursday. The current account surplus fell to EUR 839 million from EUR 1.48 billion in the corresponding month last year. The trade in goods showed a surplus of EUR 2.71 billion compared to EUR 2.88...

Germany's economy is forecast to expand at a faster pace as the upturn in the global economy stimulate exports amid strong labor market underpinning domestic activity, the leading economic institutes said in a joint report released Thursday. In the Joint Economic Forecast, the agencies said the largest...

UK retail sales declined more than expected in March, the Office for National Statistics showed Thursday. Retail sales including auto fuel, dropped 1.2 percent month-on-month in March, in contrast to a 0.8 percent rise in February. Sales were forecast to fall 0.6 percent. Similarly, excluding...

The International Monetary Fund said the short-term financial stability risks have increased somewhat against the backdrop of slightly tighter financial conditions. In the Global Financial Stability Report, the lender said the medium-term risks are still elevated as financial vulnerabilities, which...

europeanecopreview-041918.jpg Retail sales from the UK and current account from euro area are due on Thursday, headlining a light day for the European economic news. At 4.00 am ET, the European Central Bank is slated to issue euro area current account figures for February. The current account surplus totaled EUR 37.6 billion in January.

Dutch unemployment rate decreased more than expected in March, figures from the Central Bureau of Statistics showed Thursday. The seasonally adjusted jobless rate dropped to 3.9 percent in March from 4.1 percent in February. The rate was forecast to fall to 4.0 percent. In the corresponding month...

uk-inflation-041818.jpg UK inflation slowed to a one year-low in March, diminishing scope for a rate hike in May as markets widely expect. Consumer prices climbed 2.5 percent year-on-year in March, slower than the 2.7 percent increase posted in February, the Office for National Statistics said Wednesday. Inflation was forecast to remain unchanged at 2.7 percent. This was the weakest rate since March 2017.

Portugal's producer price inflation eased in March after accelerating in the previous month, figures from Statistics Portugal showed Wednesday. Producer prices rose 0.8 percent year-over-year in March, slower than the 1.5 percent increase in February. Excluding energy, producer price inflation...

Eurozone construction output fell for the second straight month in February, Eurostat reported Wednesday. Construction output declined 0.5 percent month-on-month, slower than the 0.8 percent decrease in January. The decline was caused by a 1.7 percent fall in civil engineering, while building...

Poland's average gross wages and salaries grew more than expected in March, the Central Statistical Office said Wednesday. Average gross wages and salaries increased 6.7 percent year-on-year in March, bigger than the expected 6.5 percent. On a monthly basis, average gross wages climbed 6.2 percent...

Austria's consumer price inflation increased slightly in March, Statistics Austria reported Wednesday. Consumer price inflation rose to 1.9 percent in March from 1.8 percent in February. Similarly, EU harmonized inflation increased to 2.1 percent from 1.9 percent a month ago. Cost of food...

Italy's industrial orders declined in February on weak domestic demand, while industrial turnover recovered from January, the statistical office Istat showed Wednesday. Industrial orders dropped 0.6 percent month-on-month in February, but slower than January's 4.6 percent decrease. This was the second...

British house price inflation moderated for the second successive month in February, figures from the Office for National Statistics showed Wednesday. The house price index climbed 4.4 percent year-over-year in February, slower than the 4.7 percent rise in January, which was revised down from a 4.9...

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