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ECB-032317.jpg Euro area economic recovery is steadily firming and the trend is likely to continue with growth firming and broadening going ahead, the European Central Bank said Thursday.

UK-RetailSales-032317.jpg UK retail sales increased for the first time in four months in February despite high inflation squeezing purchasing power of consumers. The retail sales volume grew 1.4 percent month-on-month in February, reversing a 0.5 percent fall in January, the Office for National Statistics said Thursday.

Bulgaria's money supply growth moderated in February, figures from the Bulgarian National Bank showed Thursday. M3, the broad measure of money supply, climbed 7.3 percent year-over-year in February, slower than the 7.6 percent rise in January. At the same time, the annual growth in the narrow measure,...

UK retailers reported a steady pace of expansion in sales volume in March and forecast it to accelerate in April, according to the latest monthly Distributive Trades Survey. The retail sales balance came in at +9 percent in March, the same as in February, but well above the expected level of 4 percent,...

Croatia's unemployment rate decreased for the first time in five months in February, though marginally, figures from the Croatian Bureau of Statistics showed Thursday. The registered jobless rate dropped to 15.3 percent in February from 15.4 percent in the preceding month. In the corresponding...

Iceland's unemployment rate decreased in February after rising in the previous month, figures from Statistics Iceland showed Thursday. The seasonally-adjusted jobless rate dropped to 3.1 percent in February from 3.5 percent in January In the corresponding month last year, the unemployment was 3.0...

Euro area economic recovery is steadily firming and the trend is likely to continue to firm and broaden going ahead, the European Central Bank said Thursday. "The economic recovery in the euro area is steadily firming," the central bank said in its latest Economic Bulletin. "Incoming data, notably...

Greece's current account gap narrowed notably at the start of the year, mainly due to an improvement in the primary and the secondary income account, figures from the Bank of Greece showed Thursday. The current account deficit fell to EUR 271.1 million in January from EUR 771.4 million in the corresponding...

The weakness in sterling represents a sweet spot for exporters, but it is unlikely to last indefinitely, Bank of England Deputy Governor Ben Broadbent said Thursday. The cost and ease of exporting are unchanged, while the returns are significantly higher, he said at the Imperial College in London. The...

Poland's unemployment rate decreased unexpectedly in February, though marginally, figures from the Central Statistical Office showed Thursday. The registered jobless rate dropped to 8.5 percent in February from 8.6 percent in January. Meanwhile, it was expected to remain stable at 8.6 percent. In...

UK retail sales increased for the first time in four months in February, the Office for National Statistics said Thursday. The retail sales volume grew 1.4 percent month-on-month in February, reversing a 0.5 percent fall in January and bigger than the 0.4 percent expected increase. Excluding auto...

Denmark's consumer confidence strengthened for the third straight month in March to the strongest level in just over one-and-a-half years, figures from Statistics Denmark showed Thursday. The consumer confidence index climbed to 6.2 in March from 4.8 in the preceding month. Moreover, this was the...

French manufacturing sentiment deteriorated in March after reaching its highest level in more than five years in February, monthly survey data from the statistical office Insee showed Thursday. The manufacturing confidence index fell to 104 in March, while it was forecast to remain unchanged at 107....

Turkey's consumer confidence strengthened unexpectedly in March, after weakening in the previous month, figures from the Turkish Statistical Institute showed Thursday. The consumer confidence index climbed to 67.8 in March from 65.7 in February. Meanwhile, it was forecast to decrease slightly to 65.6....

Germany's consumer sentiment index is set to weaken in April, survey data from the market research group GfK showed Thursday. The forward-looking consumer confidence index dropped to 9.8 in April from 10.0 in March. The indicator was forecast to remain unchanged at 10.0. While economic expectation...

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