European Economic News

Share SHARE

Eurozone unemployment and flash consumer prices and German retail sales are some of the important economic data scheduled for release on Friday. At 5 am ET, Eurostat will release its flash harmonized index of consumer prices, or HICP, figures and the unemployment report for the Eurozone. Inflation...

The average asking price for a house in the United Kingdom was up 0.1 percent on month in August, property tracking website Hometrack said on Friday - unchanged from the pace in July. On a yearly basis, house prices climbed 5.5 percent - slowing from 5.8 percent in the previous month. In the London...

An index measuring consumer confidence in the United Kingdom climbed back into positive territory in August with a score of +1, GfK said on Friday. That beat expectations for a score of -1 following the -2 reading in July. The August reading matched the nine-year high mark in June. "There is no...

GermanyJoblessRate-082814.jpg Germany's unemployment increased unexpectedly in August as worsening economic activity weighed on job creation. In addition, consumer price inflation, at a four-and-a-half-year low, boosted the scope for more stimulus from the European Central Bank. The number of people out of work increased by a seasonally adjusted 2,000 persons to 2.901 million in August, the Federal Labor Agency reported.

Germany's inflation in August, measured on the consumer price index, held steady at its lowest level in four-and-a-half years, preliminary figures from the statistical office Destatis showed Thursday. The consumer price index rose 0.8 percent year-on-year, same as in July and in line with economists'...

Ireland's retail sales volume increased strongly in July after declining in the previous month, figures from the Central Statistics Office showed Thursday. The volume of retail sales rose a seasonally adjusted 8.2 percent from June, when they declined 2.4 percent. Year-on-year, sales climbed 8.6...

EurozoneEconomicConfidence-082814.jpg Eurozone economic confidence weakened more-than-expected in August to its lowest level in eight months, underscoring rising pessimism amid heightened geopolitical tensions and stagnating economic recovery. The economic confidence index fell to 100.6 in August, the lowest score since December, from 102.1 in July, the European Commission said Thursday.

Confidence among businesses in Italy decreased unexpectedly in August to its lowest level in a year, as assessments on new orders and production deteriorated, the results of a survey by the statistical office ISTAT showed Thursday. The business confidence index for manufacturing firms dropped to 95.7...

British retailers expect strong growth in sales in the month ahead and they are most optimistic since May 2002, the latest Distributive Trades Survey from the Confederation of British Industry showed Thursday. Retailers expect sales volumes to grow at an even more robust pace of +42 percent next...

Portugal's consumer confidence worsened moderately in August from its highest level in more than seven years logged in July, figures from Statistics Portugal showed Thursday. The consumer confidence fell to -25.5 in August from -25.3 in the previous month. The index has been rising steadily since...

Malta's producer prices declined at a slower rate in July, a report from the National Statistics Office showed Thursday. Producer prices decreased 2.74 percent year-over-year in July following the 3 percent drop in June. This marked the slowest rate of fall since March. Prices in the domestic market...

Eurozone economic confidence weakened more-than-expected in August, data showed Thursday. The economic confidence index fell to 100.6 in August from 102.1 in July, the European Commission said. The indicator was forecast to drop moderately to 101.5. Worsened sentiment resulted from deterioration...

Italy's retail sales declined more than expected in June, data from the statistical office ISTAT showed Thursday. Retail sales fell 2.6 percent year-over-year in June following the 0.4 percent drop in May. This was more than the 0.6 percent decline expected by economists. Food sales slid 2.4 percent...

Germany's unemployment increased unexpectedly in August, official data revealed Thursday. The number of people out of work increased by a seasonally adjusted 2,000 to 2.901 million in August, the Federal Labor Agency said. Economists had expected a decline of 5,000 after decreasing 12,000 in July. The...

Sentiment in the Danish industry recovered strongly in August after a drastic fall in the previous month led by strong improvement in production expectations, figures from Statistics Denmark revealed Thursday. The industrial confidence indicator climbed to -6 from -13 in July. In June, the score...