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Germany's private sector grew at the fastest pace in almost six-and-a-half years in September, flash data from IHS Markit showed Friday. The composite output index rose unexpectedly for the consecutive second month in September, to 57.8 from 55.8 in August. This was the highest reading since April...

France's private sector expanded the most since May 2011, flash data from IHS Markit showed Friday. The composite Purchasing Managers' Index rose unexpectedly to a 76-month high of 57.2 in September. Economists had forecast the index to drop to 55.0 from 55.2 in August. "Encouragingly, private...

France's economic growth held steady in the second quarter as previously estimated, latest figures from the statistical office Insee showed Friday. Gross domestic product expanded 0.5 percent sequentially, the same pace of growth as seen in the first quarter. This was in line with the estimate published...

EEP07-011515_22Sep17.jpg Flash Purchasing Managers' survey data from euro area is due on Friday, headlining a light day for the European economic news.

Dutch economic growth accelerated as initially estimated in the three months ended June, latest figures from the Central Bureau of Statistics showed Friday. Gross domestic product advanced 1.5 percent sequentially in the second quarter, following a 0.6 percent rise in the first quarter. That was in...

Eurozone consumer confidence improved for a second straight month in September to its highest level since 2001, preliminary data from the European Commission showed Thursday. The flash consumer confidence index rose to -1.2, marking the highest score since April 2001, when the reading was -0.9. Economists...

The European Central Bank said on Thursday that it will launch a new unsecured overnight interest rate before 2020, as the bank reforms the benchmark rates. The Governing Council decided to develop a euro unsecured overnight interest rate based on data already available to the Eurosystem, the bank...

UKflag-Pound-092117.jpg The UK budget deficit decreased to its lowest August level since 2007 on higher sales tax, official data revealed Thursday. Public sector net borrowing excluding interventions decreased by GBP 1.3 billion from the previous year to GBP 5.7 billion in August, the Office for National Statistics reported.

Eurozone's improved economic growth momentum has yet to feed into inflation, making it necessary to maintain the massive monetary stimulus until price pressures build up, European Central Bank said in its latest economic bulletin released on Thursday. "While the ongoing economic expansion provides...

Slovenia's output prices increased at a steady pace in August, figures from the Statistical Office of the Republic of Slovenia showed Thursday. Output prices climbed 2.3 percent year-over-year in August, the same rate of increase as in July. Prices have been rising since December last year. Prices...

Latvia's producer price inflation moderated in August, figures from the Central Statistical Bureau showed Thursday. Industrial producer prices climbed 3.3 percent year-over-year in August, slower than the 3.6 percent increase in July. The measure has been rising since February. Both domestic and...

The UK budget deficit decreased to its lowest August level since 2007, data from the Office for National Statistics showed Thursday. Public sector net borrowing excluding interventions decreased by GBP 1.3 billion to GBP 5.7 billion in August. This was the lowest August borrowing since 2007. In...

Norway's central bank retained its key policy rate and hinted that the rate will remain at current level in the period ahead. The executive board of Norges Bank unanimously decided to maintain the policy rate at 0.50 percent. The previous change in the rate was a quarter-point reduction in March...

Denmark's consumer confidence weakened for the second straight month in September, survey data from Statistics Denmark showed Thursday. The consumer confidence index fell to 7.3 in September from 7.6 in August. In July, the score was 10.5. Consumers' financial situation over the last twelve months...

Denmark's retail sales declined for the third straight month in August, figures from Statistics Denmark showed Thursday. Retail trade turnover dropped a seasonally and price-adjusted 0.3 percent month-over-month in August, following a 0.2 percent fall in July. Sales of food and other groceries...

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