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Europeancentralbank-081717.jpg European Central Bank policymakers raised concern over the appreciation of the euro in July, pointing out the risk of the exchange rate overshooting in the future, and stressed that the favorable financing conditions are still supported by the massive stimulus.

Iceland's unemployment rate rose to a year high in the second quarter, Statistics Iceland said Thursday. The unemployment rate rose to 3.4 percent in the second quarter from 2.9 percent in the first quarter. This was the highest since the second quarter of 2016, when the rate was 3.6 percent. The...

Policymakers at the European Central Bank expressed concern over a strengthening euro, pointing out the risk that the exchange rate could overshoot in the future, the minutes of the bank's July 20 policy session showed Thursday. "Concerns were expressed about a possible overshooting in the repricing...

Retailsales-UK-081717.jpg UK retail sales grew more-than-expected in July as food store sales increased the most in nearly two years. The retail sales volume grew 0.3 percent month-on-month in July, the same rate as logged in June, data from the Office for National Statistics revealed Thursday.

Croatia's inflation accelerated in July after easing in the previous two months, figures from the Croatian Bureau of Statistics showed Thursday. The consumer price index climbed 0.8 percent year-on-year following 0.7 percent rise in June. Inflation peaked at 1.4 percent in April and February. Compared...

Malta's harmonized price inflation accelerated in July for the first time in six months, figures from the National Statistics Office showed Thursday. The harmonized index of consumer prices climbed 1.2 percent year-on-year following 1 percent increase in the previous month. In May, inflation was steady...

British exporters continued to log solid performance but they were concerned about economic factors, the latest Quarterly International Trade Outlook from the British Chambers of Commerce, showed Thursday. The BCC/DHL Trade Confidence Index fell by 2.25 percent in the second quarter. Nonetheless,...

The euro area trade surplus increased to a 6-month high in June as the pace of decrease in imports was bigger than the fall in exports, Eurostat reported Thursday. The trade surplus rose to a seasonally adjusted EUR 22.3 billion from EUR 19 billion in May. This was the highest surplus seen so far...

Eurozone inflation remained stable as initially estimated in July, final data from Eurostat showed Thursday. Inflation in the currency bloc held steady at 1.3 percent in July. The rate came in line with the flash estimate published on July 31. Inflation continues to stay well below the ECB's...

UK retail sales increased more than expected in July on food store sales, data from the Office for National Statistics revealed Thursday. Retail sales volume grew 0.3 percent month-on-month in July, the same rate as logged in June. Sales were expected to rise at a slower pace of 0.2 percent. Excluding...

Austria's consumer price inflation accelerated marginally in July, figures from Statistics Austria showed Thursday. The consumer price index climbed 2.0 percent year-over-year in July, slightly faster than the 1.9 percent rise in June. Prices of food and soft drinks grew 2.2 percent annually in...

France's unemployment rate dropped in the second quarter to the lowest since late 2011, data from the statistical office Insee showed Thursday. The unemployment rate fell to 9.5 percent, in line with expectations, from 9.6 percent in the first quarter. This was the lowest rate since the fourth quarter...

EEP14-011515_17Aug17.jpg Final consumer prices and foreign trade figures from euro area and retail sales from the UK are due on Thursday, headlining a light day for the European economic news.

Dutch unemployment rate decreased for the second successive month in July, though slightly, figures from the Central Bureau of Statistics showed Thursday. The seasonally adjusted jobless rate dropped to 4.8 percent in July from 4.9 percent in the previous month. In the corresponding month last...

Eurozone banks must prepare themselves for the worst case scenario of a hard Brexit and they must accelerate their preparatory work, European Central Bank Executive Board member Sabine Lautenschlager said Wednesday. "I have a very clear message to both smaller and larger banks: the clock is ticking,"...

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