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The British manufacturing sector will perform relatively well this year, despite a weak start to the second quarter, Paul Hollingsworth, a UK economist at Capital Economics, said. The Industrial Trends survey from the Confederation of British Industry, released on Monday, showed that the total orders...

Belgium's business confidence recovered slightly in April after two consecutive months of modest declines, as sentiment improved in manufacturing, trade and construction, survey data from the National Bank of Belgium showed Tuesday. The business confidence index rose to -0.8 from -1.6 in March. The...

Hungary's central bank held at its key interest rate at a record low for an eleventh straight month on Tuesday. The Monetary Council of the Magyar Nemzeti Bank left the base rate unchanged at 0.90 percent, in line with economists' expectations. The bank had cut the key rate by 15 basis points in...

UK-Budget-042517.jpg The British government limited its budget deficit for the financial year 2016-17 almost within its targets and the figure hit the lowest level seen since the financial crisis. In the financial year ending March 2017, public sector net borrowing decreased by GBP 20 billion to GBP 52.0 billion, data published by the Office for National Statistics showed Tuesday.

Malta's producer prices decreased for the sixth consecutive month in March, figures from the National Statistics Office showed Tuesday. The producer price index edged down 0.2 percent year-over-year in March, slower than the 0.4 percent fall in February. Producer prices in the foreign market declined...

Latvia's producer prices rose for the second straight month in March, figures from the Central Statistical Bureau showed Tuesday. Industrial producer prices climbed 2.0 percent year-over-year in March, faster than February's 2.0 percent rise, which was the first increase since January 2015. The...

Iceland's wage index grew at the slowest pace in almost three years in March, figures from Statistics Iceland showed Tuesday. The wage cost index rose 5.0 percent year-over-year in March, following a 5.5 percent climb in the prior month. Moreover, the latest rate of increase was the weakest since...

Eurozone banks are set to tighten lending conditions for enterprises and to maintain credit standards for housing loans in the second quarter, the bank lending survey from the European Central Bank showed Tuesday. Credit standards for loans to enterprises eased slightly in the first quarter due to...

Eurozone general government deficit to GDP ratio declined in the fourth quarter of 2016 after widening in the previous three months, preliminary figures from Eurostat showed Tuesday. As a percentage of GDP, the seasonally adjusted government deficit was 1.4 percent in the final three months of 2016...

The UK budget deficit widened in March, data published by the Office for National Statistics showed Tuesday. Excluding banks, public sector net borrowing increased by GBP 0.8 billion from prior year to GBP 5.1 billion in March. This was the highest March borrowing since 2015. At the end of March,...

Sweden's unemployment rate decreased more-than-expected in March, after rising in the previous three months, figures from Statistics Sweden showed Tuesday. The jobless rate dropped to 6.8 percent in March from 7.4 percent in February, which was the highest rate since June 2016. Economists had expected...

Uncertainty about the future measures of the Trump administration is particularly worrying and the problems from Brexit may be underestimated as of now, both posing political risks for the European economy, European Central Bank policymaker Ewald Nowotny said. "One of our interlocutors in Washington...

Spain's producer price inflation slowed to a three-month low in March, data from the statistical office INE showed Tuesday. Producer prices advanced 6 percent year-on-year in March, but slower than the 7.4 percent rise in February. Meanwhile, excluding energy, producer price inflation rose to 2.8...

Austria's production index increased in February from a year ago, figures from Statistics Austria showed Tuesday. The production index that combines output of both industry and construction, rose 3.1 percent year-over-year in February. Construction production expanded 4.9 percent annually in February...

Denmark's retail sales increased for the third straight month in March, preliminary figures from Statistics Denmark showed Tuesday. Retail sales climbed 0.3 percent month-over-month in March, following a 0.1 percent slight rise in February. Sales of clothing and related goods grew 0.8 percent annually...

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