European Economic News

Share SHARE

Belgium's consumer confidence eased for a second straight month in November as households' economic as well as financial expectations deteriorated, survey figures from the National Bank of Belgium revealed Thursday. The consumer confidence indicator dropped to -14 from -12 in October. The latest score...

Poland's industrial production continued to grow in October, while producer prices declined further, figures from the Central Statistical Office revealed Thursday. Industrial production rose 3.5 percent month-on-month, slightly less than economists' forecast for 3.7 percent growth. Annualy, production...

EurozonePMI-112014.jpg Private sector growth in the eurozone slowed unexpectedly to a 16-month low in November, as new orders dropped for the first time since July 2013. Germany also posted the weakest activity growth in 16 months, while France continued to contract in November. The Eurozone composite output index dropped to 51.4 in November, the lowest score since July of last year.

Turkey's central bank left interest rates unchanged on Thursday and said it will maintain a tight monetary policy stance until there is any significant improvement in the inflation outlook. The Monetary Policy Committee, led by Governor Erdem Basci, held the one-week repo rate unchanged at 8.25 percent....

Greece's current account surplus in September increased from a year ago, data from Bank of Greece revealed Thursday. The current account surplus grew to EUR 1.62 billion from EUR 970 million in the same month last year. The visible trade deficit narrowed to EUR 1.26 billion from EUR 1.48 billion...

Ukretailsales-112014.jpg U.K. retail sales rebounded at a faster than expected pace in October on non food store sales and a sharp decline in store prices. Retail sales volume including auto fuel advanced 0.8 percent in October from September, the Office for National Statistics reported Thursday. A similar 0.8 percent growth was last seen in April.

Denmark's consumer confidence weakened in November after improving in the previous month, when retail sales recovered from a slump, data from Statistics Denmark revealed Thursday. The consumer confidence index declined to 6.3 from 8.2 in October. The score was below the six-month average of 8.8....

Dutch consumer confidence deteriorated to its lowest level in nine months during November as the jobless rate remained unchanged and household spending declined, figures from the Central Bureau of Statistics showed Thursday. The consumer confidence index dropped to -8 from -3 in October, when it recovered...

Norway's GDP growth slowed less than expected in the third quarter, figures from Statistics Norway showed Thursday. Mainland Norway gross domestic product, or GDP, grew 0.4 percent quarter-over-quarter in the third quarter after the 1.2 percent increase in the second quarter. This was more than the...

U.K. retail sales grew more than expected in October on strong recovery in non-food store sales, data showed Thursday. Retail sales volume including auto fuel advanced 0.8 percent in October from September, the Office for National Statistics said Thursday. Economists had forecast sales to recover...

Italy's industrial orders declined more than expected in September, figures from the statistical office Istat showed Thursday. Total orders dropped by 1.5 percent month-over-month in September, reversing the 1.5 percent rise in August. Economists had expected a 1 percent drop. Orders in the domestic...

Eurozone private sector growth slowed unexpectedly to a 16-month low in November, flash survey data from Markit Economics showed Thursday. The composite output index dropped to 51.4 in November, the lowest score since July of last year, from 52.1 in October. Economists had forecast it to rise to...

Germany's private sector activity expanded at the slowest pace since July last year, flash survey data from Markit Economics showed Thursday. The composite output index fell to 52.1 in November from 53.9 in October. The activity expanded for 19 consecutive months but it was the slowest expansion...

French private activity contracted at a slower rate in November as the corresponding index reached a two-month high, flash survey data from Markit Economics showed Thursday. The composite output index rose to 48.4 in November from 48.2 in October. This was the highest reading in two months. A reading...

Switzerland's watch exports attained its highest monthly level in October, the Federation of the Swiss Watch Industry said Thursday. Watch exports increased 5.2 percent from the last year to CHF 2.3 billion in October. Since the start of the year, the sector registered a growth of 3.1 percent, to...