logo

European Economic News

Share SHARE

Croatia's jobless rate declined for a fifth straight month in June, preliminary data from the Croatian Bureau of Statistics showed Friday. The registered unemployment rate tumbled to 13.6 percent from 14.4 percent in May. The figure has been falling since February, when it was at 17.8 percent. Historical...

EU-PMI-072216.jpg Eurozone private sector expanded at the weakest pace in 18 months in July, but remained resilient in the face of the surprise "Brexit" vote and the terror attack in France. The relief from serious economic concerns could be short-lived, as feared by the European Central Bank policymakers, who signaled on Thursday that they stand ready to pump more stimulus in the coming months.

Ireland's factory gate prices declined at a slower pace in June, the Central Statistics Office reported Friday. Factory gate prices declined 1.3 percent in June from previous year, slower than the 1.6 percent decrease in May. Month-on-month, factory gate prices grew 0.6 percent, in contrast to...

UK-PMI-072216.jpg The U.K. private sector activity contracted at the steepest pace since early 2009, after Britons voted to leave the European Union in a surprise move, a closely watched survey showed Friday. The flash composite output index fell to an 87-month low of 47.7 in July from 52.4 in June, according to flash survey results from Markit and the Chartered Institute of Procurement & Supply.

Iceland's consumer price inflation slowed a 17-month low in July, Statistics Iceland reported Friday. Inflation eased to 1.1 percent in July from 1.6 percent in June. This was the lowest rate since February 2015, when it was 0.8 percent. On a monthly basis, consumer prices rose for the first time...

Italy's retail sales grew at a faster pace and for a second straight month in May, as both food and non-food sales increased, preliminary data from the statistical office ISTAT showed Friday. Retail sales increased a seasonally adjusted 0.3 percent from April, when they edged up 0.1 percent. Sales...

The U.K. private sector activity contracted at the steepest pace since early 2009 after the "Brexit vote", flash survey results from Markit showed Friday. The flash composite output index fell to an 87-month low of 47.7 in July from 52.4 in June. A score below 50 indicates contraction. The services...

Italy's industrial orders and sales decreased in May after rising in the previous month, figures from the statistical office ISTAT showed Friday. Industrial orders declined 2.8 percent from April, when they rose 0.9 percent. Domestic market orders decreased for a third straight month, down 0.6 percent....

Eurozone private sector expanded at the weakest pace in one-and-a-half-years in July, flash survey data from Markit showed Friday. The flash composite output index fell to 52.9 in July, an 18-month low, from 53.1 in June. Nonetheless, the score was above the expected level of 52.5. The score signaled...

Germany's private sector expanded at the fastest pace in seven months in July, flash survey results from Markit showed Friday. The flash composite output index rose to 55.3 from 54.4 in June. The index reached its highest level in 2016 so far with both manufacturers and service providers reporting...

Denmark retail sales rose for a third straight month in June, figures from Statistics Denmark showed Friday. Retail sales grew 0.2 percent from May, when sales rose at the same pace. In April, sales increased 1.2 percent. Sales of food and other groceries climbed 0.2 percent, while clothing sales...

The French private sector stagnated in July as the growth in services was offset by a contraction in manufacturing, survey data showed Friday. The composite output index rose to neutral 50.0 in July from 49.6 in June, flash report from Markit revealed today. Service providers registered a marginal...

EEP06-011515_22Jul16.jpg Flash purchasing managers' survey results from major euro area nations are due on Friday.

ECB-Draghi-072116.jpg Eurozone policymakers chose to wait for more information on the impact of "Brexit", after euro area markets weathered the surprise event remarkably well, and the central bank stands ready to act on studying data in coming months, European Central Bank President Mario Draghi said Thursday.

Eurozone policymakers will monitor economic and financial market developments very closely and aim to safeguard the pass-through of its accommodative monetary policy to the real economy, the European Central Bank President Mario Draghi said Thursday. "Following the UK referendum on EU membership,...

Follow RTT