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crypto-weekly-051818.jpg Bitcoin and its peers relatively had a lackluster week. After starting in red, they witnessed some recovery by Wednesday, that soon lost steam and cryptocurrencies were in the red Friday morning. Sentiment was damped by the lack of major news from the blockchain week that concluded mid-week in New York. The much awaited rally in cryptocurrencies following the event never happened.

Bulgaria's current account deficit decreased notably in March from a year ago, figures from the Bulgarian National Bank showed Friday. The current account deficit fell to EUR 89.6 million in March from 299.4 million in the corresponding month last year. The deficit on goods trade narrowed to EUR...

Portugal's producer price inflation accelerated slightly in April, after easing in the previous month, figures from Statistics Portugal showed Friday. Producer prices rose 1.2 percent year-over-year in April, faster than the 1.0 percent increase in March. Excluding energy, producer price inflation...

Eurozone trade surplus increased in March from a month earlier, as exports grew faster than imports, data from Eurostat showed Friday. The seasonally adjusted trade surplus rose to EUR 21.2 billion in March from EUR 20.9 billion in February. Month-on-month, both exports and imports climbed by...

The euro area current account surplus declined for the second straight month in March to the lowest level in nine months, the European Central Bank reported Friday. The current account surplus fell to a seasonally adjusted EUR 32.0 billion in March from EUR 36.8 billion in February. Moreover, this...

Czech producer prices showed no variations in April, in line with expectations, figures from the Czech Statistical Office showed Friday. On a yearly basis, industrial producer prices remained flat in April after an increase of 0.1 percent in March. Among the main industrial groupings, prices of...

Germany's wholesale price inflation accelerated in April after remaining stable in the previous month, data from Destatis showed Friday. Wholesale prices climbed 1.4 percent year-over-year in April, faster than March's 1.2 percent increase. The biggest annual influence on the overall development...

Germany's consumer price inflation accelerated unexpectedly in April, though marginally, data from Destatis showed Friday. Producer price inflation rose to 2.0 percent in April from 1.9 percent in March. Meanwhile, the rate was forecast to slow to 1.8 percent. The price index for energy alone grew...

Eurozone construction output fell for the third straight month in March, Eurostat reported Thursday. Construction output dropped 0.3 percent month-on-month in March, slower than the 0.7 percent decrease in February, which was revised from a 0.5 percent fall reported earlier. On a yearly basis,...

Italy's foreign trade surplus decreased in March from a year ago, as exports fell and imports remained flat, data from the statistical office Istat showed Thursday. The trade surplus dropped to EUR 4.5 billion in Mach from EUR 5.3 billion in the corresponding month last year. However, the surplus...

Turkey's retail sales growth eased for the second straight month in March, figures from the Turkish Statistical Institute showed Thursday. The volume of retails sales climbed a calendar-adjusted 7.4 percent year-over-year in March, slower than the 8.3 percent rise in February. Sales of food, drinks...

Europe's passenger car registrations recovered in April, the European Automobile Manufacturers Association reported Thursday. Car registrations grew 9.6 percent year-on-year in April, reversing a 5.3 percent fall in March. Car sales totaled 1.3 million units. All five major EU markets reported...

Dutch unemployment rate held steady in April after falling in the previous two months, figures from the Central Bureau of Statistics showed Thursday. The seasonally adjusted jobless rate came in at 3.9 percent in April, the same rate as in March. In the corresponding month last year, the unemployment...

Croatia's consumer price inflation accelerated for the second straight month in April, though slightly, the Croatian Bureau of Statistics showed Wednesday. Inflation rose to 1.3 percent in April from 1.1 percent in March. Consumer prices have been rising since December 2016. Prices of food and...

Ireland's foreign trade surplus increased in March, as imports fell faster than exports, preliminary figures from the Central Statistics Office showed Wednesday. The seasonally adjusted trade surplus rose to EUR 4.03 billion in March from EUR 3.96 billion in February. In the corresponding month...

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