European Economic News

Share SHARE

Sweden's current account surplus decreased in the second quarter largely due to a fall in visible trade surplus, a report from Statistics Sweden showed Tuesday. The current account surplus decreased to SEK 48.7 billion in the second quarter from SEK 63.2 billion in the previous quarter. A surplus...

U.K 's construction activity grew at a faster pace in August, defying expectations of a slow down, results of a survey by Markit Economics and the Chartered Institute of Purchasing & Supply, or CIPS, showed Tuesday. The Markit/CIPS construction purchasing managers' index, or PMI, rose to 64 in August...

Swiss-GDP-090214.jpg The Swiss economy stalled in the second quarter as the improvement in household spending was insufficient to offset the weakness in exports and investment in construction. Gross domestic product remained flat from the first quarter, when it accelerated to 0.5 percent, the State Secretariat for Economic Affairs said Tuesday. Economists had expected GDP to rise 0.5 percent in the second quarter.

Romania's retail sales growth improved in July on higher food sales, the National Institute of Statistics said Tuesday. At the same time, producer price inflation accelerated in July. Retail sales volume increased 0.4 percent in July from June driven by increases in sales of food, beverages and tobacco....

Hungary's trade surplus was revised downwards in June, final figures from the Hungarian Central Statistical Office showed Tuesday. The trade surplus came in at EUR 584 million in June, less than the flash estimate of EUR 610 million. The trade surplus increased EUR 79 million over the corresponding...

The Swiss economy stagnated in the second quarter, the State Secretariat for Economic Affairs said Tuesday. Gross domestic product remained unchanged sequentially after expanding 0.5 percent in the first quarter. Economists had expected GDP to rise 0.5 percent again in the second quarter. Household...

Estonia's industrial production growth quickened in July, figures from Statistics Estonia showed Tuesday. Industrial production increased a working-day adjusted 2.4 percent year-over-year in July following the 1.3 percent rise in June. This marked the fourth straight month of increase in industrial...

Eurozone producer prices and U.K. construction purchasing managers' index, or PMI, are some of the notable economic data scheduled for release on Tuesday. At 5 am ET, Eurostat is scheduled to release its producer prices report for the eurozone. Producer prices are forecast to drop 1.1 percent year-over-year...

Norway's factory sector grew for second month in a row and at a faster pace in August, survey data from the Norwegian Association of Purchasing and Logistics showed Monday. The seasonally adjusted Purchasing Managers' Index climbed to 51.8 from 50.8 in July, revised from 50.6. A score above 50 indicates...

Poland's manufacturing sector contracted for the second consecutive month in August as output dropped and new orders continued to fall, survey data from Markit Economics revealed Monday. The HSBC Manufacturing Purchasing Managers' Index dropped to 49 from July's 49.4. The reading came in above economists'...

The Greek economy contracted slightly more than estimated in the second quarter, revised data from the Hellenic Statistical Authority showed Monday. Gross domestic product, or GDP, declined 0.3 percent year-on-year in the second quarter of 2014, revised from the 0.2 percent decrease estimated on August...

Greece's manufacturing activity expanded in August, after declining in the previous month, survey figures from Markit Economics showed Monday. Seasonally adjusted Markit manufacturing purchasing managers' index, or PMI, rose to 50.1 in August from 48.7 in July. This marked the highest reading in three...

Italy's manufacturing sector activity declined in August, after expanding in July, figures from Markit Economics showed Monday. The Markit/ADACI manufacturing purchasing managers' index, or PMI, dropped to 49.8 in August from 51.9 in July, which is the lowest score in fourteen months. This marked...

UK-Manufacturing-090114.jpg British manufacturing growth eased further in August to its lowest level in 14 months as output and demand increased at slower rates, survey results from Markit Economics showed Monday. The Markit/CIPS Purchasing Managers' Index dropped to 52.5 from a revised 54.8 in July. Economists had expected the score to fall to 55.1 from July's original figure of 55.4.

Turkey's manufacturing activity recovered in August as production rose for the first time in three months, results of a survey by Markit Economics and HSBC Bank showed Monday. The HSBC manufacturing purchasing managers' index, or PMI, rose to 50.3 in August from 48.5 in July. This marked an expansion...