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Germany-GDP-022318.jpg Germany's economy expanded at a solid pace, as initially estimated, in the fourth quarter largely driven by foreign demand, detailed data from Destatis showed Friday. Another official data showed that the largest euro area economy logged its biggest budget surplus in 2017 since the reunification in 1990. Gross domestic product climbed 0.6 percent sequentially.

Lithuania's industrial production declined in January largely due to the contraction in mining, figures from the Department of Statistics showed Friday. Industrial production dropped by adjusted 1.1 percent month-on-month in January. The decline was caused by a sharp 10.5 percent decrease in mining...

Croatia's consumer price inflation eased in January, the Croatian Bureau of Statistics reported Friday. Inflation eased to 1.1 percent in January from 1.2 percent in December. This was the weakest since August, when prices climbed 1 percent. Consumer prices, excluding energy and food, advanced...

Eurozone inflation eased as estimated in January, final data from Eurostat showed Friday. Inflation slowed slightly to 1.3 percent in January from 1.4 percent in December. The rate came in line with the estimate released on January 31. A similar slower increase in prices was last seen in July...

Austria's consumer price inflation slowed in January on cheaper holiday package, Statistics Austria reported Friday. Inflation eased to 1.8 percent in January from 2.2 percent in December. On a monthly basis, consumer prices dropped 0.7 percent in January. Inflation, based on the harmonized index...

Poland's jobless rate climbed to a 5-month high in January, data from the Central Statistical Office showed Friday. The jobless rate rose to 6.9 percent in January, in line with expectations, from 6.6 percent in December. This was the highest since last August, when the rate was 7 percent. In...

Spain's producer price inflation slowed sharply in January on weak energy prices, the statistical office INE said Friday. Producer prices gained 0.1 percent annually, much weaker than the 1.7 percent increase seen in December. Excluding energy, producer price inflation slowed slightly to 1.6 percent...

Denmark's retail sales decreased for the second straight month in January, data from Statistics Denmark showed Friday. Retail turnover dropped 0.2 percent month-on-month in January, following a 0.3 percent decrease in December. This was the second second consecutive fall. Food sales were down...

Germany's economy expanded as initially estimated in the fourth quarter largely on foreign demand, detailed report from Destatis showed Friday. Gross domestic product climbed 0.6 percent sequentially, slower than the 0.7 percent expansion seen in the third quarter. The rate came in line with the estimate...

EEP17-011515_23Feb18.jpg Revised quarterly national accounts from Germany and final inflation from euro area are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is set to publish detailed GDP data for the fourth quarter. According to preliminary estimate, the German economy had expanded 0.6 percent sequentially. The statistical office is expected to confirm the estimate.

europeancentralbank-022218.jpg Policymakers at the European Central Bank judged that it was too early to change the policy communication despite the increased confidence that inflation would move near its target, minutes of the latest policy session showed Thursday. "Communication would evolve naturally in line with the ECB's forward guidance" as inflation progress towards the target, the minutes said.

GermanBusinessconfidence-022218.jpg Germany's business confidence weakened notably in February as near term outlook of firms deteriorated on political uncertainty and market turmoil, survey data from the Munich-based Ifo Institute showed Thursday. The business sentiment index fell more-than-expected to 115.4 from 117.6 in January. The score was expected to ease to 117 in February. A similar lower reading was last seen in September.

GDP-UK-022218.jpg The UK economy grew less-than-estimated in the fourth quarter, largely due to a downward revision to production output. Gross domestic product expanded 0.4 percent sequentially instead of 0.5 percent reported initially, the second estimate from the Office for National Statistics showed Thursday. GDP had advanced 0.5 percent in the third quarter. Year-on-year, the economy expanded 1.4 percent.

Italy's industrial orders increased for the third straight month in December, and at the fastest pace in one-and-a-half years, figures from the statistical office Istat showed Thursday. Industrial orders grew a seasonally adjusted 6.5 percent month-over-month in December, well above the 0.4 percent...

Iceland's wage growth accelerated in January after easing in the previous three months, figures from Statistics Iceland showed Thursday. The wage index climbed 7.3 percent year-over-year in January, faster than the 6.9 percent rise in December. On a monthly basis, wage index increased 0.4 percent...

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