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Purchasing Managers' survey from the U.K. is due on Thursday, headlining a light day for the European economic news. At 4.00 am ET, the European Central Bank publishes its economic bulletin. At 4.30 am ET, U.K. CIPS/Markit services PMI is due from Markit. The indicator is seen easing to 53.5 in...

Ireland's service sector activity expanded at the weakest pace in fourteen months in April, survey figures from Markit Economics showed Thursday. The seasonally adjusted Purchasing Managers' Index, or PMI, fell to 59.8 in April from 62.8 in March. However, any reading above 50 indicates expansion...

Luxembourg's consumer price inflation held steady in April, after easing in the previous three months, figures from the statistical office STATEC showed Wednesday. The consumer price index rose 0.1 percent year-over-year in April, the same rate of increase as in March. Prices have been rising since...

Greece's manufacturing activity deteriorated further in April, though at a slower pace than in the previous month, survey figures from Markit Economics showed Wednesday. The seasonally adjusted purchasing managers' index, or PMI, rose to 49.7 in April from 49.0 in the previous month. However, any...

Ireland's unemployment rate decreased for the fifth consecutive month in April, figures from the Central Statistics Office showed Wednesday. The seasonally adjusted jobless rate dropped to 8.4 percent in April from 8.6 percent in March. In the corresponding month last year, the unemployment rate...

Ukconstruction-050416.jpg The British construction sector expanded at the weakest pace in almost three years as spending decisions were delayed by clients on "Brexit" fears, survey data from Markit Economics and the Chartered Institute of Procurement & Supply showed Wednesday. The Markit/CIPS construction Purchasing Managers' Index fell to 52.0 in April from 54.2 in the previous month.

U.K. shop prices continued to fall and marking the three-year anniversary of declines, survey data from the British Retail Consortium showed Wednesday. Shop prices decreased 1.7 percent year-on-year in April, same as in March. The pace of decline was in line with the 12-month average. "The thirty-six...

Ireland's industrial production decreased for the second straight month in March, preliminary figures from the Central Statistics Office showed Wednesday. Industrial production tumbled a seasonally adjusted 12.9 percent month-over-month in March, which was worse than the 11.5 percent decline in February. On...

Italy's service sector growth improved marginally in April after easing to a 13-month low in the previous month, survey figures from Markit Economics showed Wednesday. The headline Markit/ADACI Business Activity Index rose to 52.1 in April from 51.2 in the previous month. Any reading above 50 indicates...

Eurozone retail sales dropped for the first time in five months in March, Eurostat reported Wednesday. Retail sales slid 0.5 percent month-on-month in March, reversing a revised 0.3 percent rise in February. Economists had forecast a marginal 0.1 percent fall for March. Sales dropped for the first...

British construction growth eased more-than-expected in April to the weakest level in almost three years, survey data from Markit Economics and the Chartered Institute of Procurement & Supply showed Wednesday. The Markit/CIPS UK Construction Purchasing Managers' Index fell to 52.0 in April from 54.2...

Spanish unemployment decreased for a second straight month in April, figures from the Labor Ministry revealed Wednesday. The number of unemployed declined by 83,599 persons or by 2.04 percent from the previous month. The biggest decrease was registered in the services sector. Meanwhile, the results...

The euro area private sector expanded at a slower pace as estimated in April, final survey data from Markit showed Wednesday. The composite output index dropped marginally to 53 in April, in line with flash estimate, from 53.1 in March. The index signaled expansion in each of the past 34 months. At...

France's current account deficit in March narrowed from the previous month, figures from the Bank of France showed Wednesday. The seasonally-and-working-day adjusted current account deficit decreased to EUR 1.8 billion from EUR 4.1 billion in February. The improvement was largely due to an increase...

Hungary's retail sales growth slowed at a faster-than-expected pace in March, after accelerating sharply in the previous month, preliminary data from the Hungarian Central Statistical Office showed Wednesday. Retail sales rose 4.2 percent year-over-year in March, slower than the 6.6 percent climb...

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