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Property prices in Switzerland increased notably in the three months ended June, figures from the UBS bank showed Tuesday. The UBS Swiss Real Estate Bubble Index rose by 0.10 points to 1.37 in the second quarter from 1.27 in the previous quarter. The latest increase was the biggest since the fourth...

The U.K. is set to miss the government's target of hitting GBP 1 trillion worth of exports by 2020 by 14 years, the annual International Trade Survey published by the British Chambers of Commerce showed Tuesday. In 2014, the trade deficit totaled GBP 34 billion, while services showed its highest...

Romania's central bank left its key interest rate unchanged at a record low on Tuesday as expected by economists. The Board of the National Bank of Romania maintained its monetary policy rate at 1.75 percent. The central bank has lowered the rate steadily from 3.5 percent since August last year. The...

Eurozone producer prices declined as expected in June, largely due to cheaper energy costs, figures from Eurostat showed Tuesday. Producer prices fell 2.2 percent year-over-year in June, in line with expectations, but faster than previous month's 2.0 percent decrease. Excluding energy, producer...

U.K. construction sector growth slowed unexpectedly in July with business activity and incoming new work expanding at slower rates, survey results from Markit Economics showed Tuesday. The Markit/Chartered Institute of Procurement & Supply construction Purchasing Managers' Index fell to 57.1 in July...

Norway's manufacturing activity continued to decline in July, survey data from the Norwegian Association of Purchasing and Logistics (NIMA) and Danske Bank Norway showed Tuesday. The Purchasing Mangers' Index rose to 45.8 in July from 44.2 in the previous month. However, any reading below 50 indicates...

Romania's retail sales increased at a faster pace in June, figures from the National Institute of Statistics showed Tuesday. Retail sales, excluding automobile trade, rose a working-day-and-seasonally adjusted 7.1 percent annually in June, following the revised 4.7 percent rise in May. In April, sales...

Spain's unemployment logged its biggest drop for July since 1998, data from the labor ministry showed Tuesday. The number of registered unemployed declined 74,028 in July. This was the sixth consecutive decrease in unemployment. Compared to the previous year, unemployment decreased 373,584 in...

Romania's producer prices declined for the ninth straight month in June although the rate of decrease eased from the previous month, figures from the National Institute of Statistics showed Tuesday. The producer price index fell 1.9 percent year-over-year in June, slower than May's 2.4 percent decrease....

Despite July's manufacturing data pointing to weak global growth, Capital Economics expects the global economic growth to hold up fairly well over the rest of the year as China's growth pace stabilizes and the United States' economy accelerates. The firm noted that the world economy began the third...

U.K. house price growth accelerated as expected in July, after easing in the previous two months, data from the Nationwide Building Society showed Tuesday. House prices rose 3.5 percent year-over-year in July, in line with expectations, faster than previous month's 3.3 percent climb. On a monthly...

Ireland's manufacturing sector continued to expand at a solid pace in July, as growth of output, new orders and employment accelerated, survey figures from Markit Economics showed Tuesday. The seasonally adjusted Investec purchasing managers' index rose to 56.7 in July from 54.6 in the previous month....

ukmanufacture-080315.jpg The U.K. manufacturing sector growth improved in July but new order growth eased to a 10-month low, casting concerns over the sustainability of future momentum. The Markit/Chartered Institute of Procurement & Supply Purchasing Managers' Index rose to 51.9 in July from a 26-month low of 51.4 in June, data from Markit revealed Monday. It was forecast to rise marginally to 51.5.

Latvia's industrial production increased for the fourth straight month in June, but at a slower pace than in the previous month, figures from the Central Statistical Office showed Monday. Industrial production rose a calendar-adjusted 4.2 percent year-over-year in June, slower than May's 4.7 percent...

Turkey's manufacturing sector expanded marginally in July, survey figures from Markit Economics showed Monday. The Purchasing Managers' Index recovered to 50.1 in July from 49.0 in June. A reading above 50 indicates expansion, while any reading below 50 suggests contraction in the sector. Output...

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