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UK companies' marketing budgets increased in the third quarter but the pace of growth was the weakest in more than a year, the latest IPA Bellwether Report showed Wednesday. The survey showed that about 11 percent of companies recording a cut to their marketing budgets, the resulting net balance...

Labor market statistics from the UK is due on Wednesday, headlining a light day for the European economic news. At 4.10 am ET, European Central Bank President Mario Draghi is set to speak at the ECB conference in Frankfurt, Germany. At 4.30 am ET, the Office for National Statistics is scheduled...

CPI-UK-101717.jpg British consumer prices increased at the fastest pace in more than five years in September, led by a weaker pound, adding to the likelihood of a rate hike as early as the next month. Driven by food and transport prices, inflation rose to 3 percent in September from 2.9 percent in August, data from the Office for National Statistics showed Tuesday.

Bank of England Governor Mark Carney said the monetary policy is stimulative and fiscal policy is restrictive and UK faces variety of headwinds. "Inflation rising potentially above the 3 percent level in the coming months is something we have anticipated," he told lawmakers on Tuesday. Inflation...

Italy's foreign trade surplus increased in August from a year ago, as exports grew faster than imports, figures from the statistical office Istat showed Tuesday. The trade surplus rose to EUR 2.8 billion in August from EUR 2.49 billion in the corresponding month of 2016. However, it was well below...

GermanZew-101717.jpg Germany's economic sentiment improved for a second straight month in October, thanks to positive growth figures, strong order books and further improvement in the outlook for exports, results of a key survey showed Tuesday.

Germany's economic confidence continued to improve in October, survey data from the Mannheim-based Centre for European Economic Research/ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment rose to 17.6 in October from 17.0 in the previous month. Nonetheless, the indicator still remained below...

British house price inflation accelerated in August to the strongest level in eight months, figures from the Office for National Statistics showed Tuesday. The house price index climbed 5.0 percent year-over-year in August, faster than the 4.5 percent rise in July, which was revised down from a 5.1...

Eurozone inflation held steady in September, as initially estimated, final data from Eurostat showed Tuesday. Inflation came in at 1.5 percent in September, the same rate as seen in August. Inflation continues to stay well below the European Central Bank's target of 'below, but close to 2 percent'. Month-on-month,...

UK inflation increased in September to the highest since early 2012, data from the Office for National Statistics showed Tuesday. Inflation rose to 3 percent in September from 2.9 percent in August. The rate came in line with expectations. Inflation was last higher in March 2012. Month-on-month,...

Austria's consumer price inflation accelerated in September, data from Statistics Austria showed Tuesday. Consumer prices climbed 2.4 percent year-over-year in September, faster than the 2.1 percent rise in August. The pick-up in inflation was mainly driven by increased prices of foodstuffs, fuels,...

Slovakia's harmonized consumer price inflation accelerated in September, data from the Statistical Office of the Slovak Republic showed Tuesday. The harmonized index of consumer prices advanced 1.8 percent year-on-year in September, following a 1.6 percent rise in August. Month-on-month, the...

Europe's new car registrations declined in September, data from European Automobile Manufacturers' Association showed Tuesday. Passenger car sales fell 2 percent year-on-year to 1.43 million in September. The decline reversed a 5.6 percent rise in August. However, the agency said it must be noted...

EEP2-091614_17Oct17.jpg Inflation figures from the UK and economic confidence from Germany are due on Tuesday, headlining a light day for the European economic news.

Belgium's merchandise trade deficit for August narrowed from a year ago with exports growth exceeding the rise in imports, preliminary data from the National Bank of Belgium showed Monday. The trade deficit decreased to EUR 2.3 billion from EUR 2.6 billion in the same month last year. Exports grew...

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