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Sweden's economic growth is likely to pick up pace in the coming months of 2017, despite a decline in the recent economic tendency indicator, Stephen Brown, an economist at Capital Economics, said this week. Official data from the National Institute of Economic Research released on Wednesday showed...

The Ukraine economy continues to recover but decisive implementation of structural reforms are critical to achieve stronger growth, an International Monetary Fund (IMF) mission, led by Ron van Rooden, said Friday. The IMF mission visited Kiev during May 16-26, to initiate discussions on the fourth...

Lithuania's retail sales growth moderated for the third straight month in April, figures from the Department of Statistics showed Friday. Retail sales, excluding VAT, rose a working-day-adjusted 4.5 percent year-over-year in April, slower than the 6.8 percent growth in March. On an unadjusted basis,...

Confidence among Germany's exporters was the highest in nearly three-and-a-half years in May as exports continue to rise, results of a study by Ifo showed Friday. The Ifo Export Expectations Index rose to 14.7 balance points in May from 13.8 balance points in April, marking the highest level since...

Italy's consumer confidence weakened in May to the lowest level in nearly two-and-a-half years, survey figures from the statistical office Istat showed Friday. The consumer confidence index fell to 105.4 in May from 107.4 in April. Economist had expected the index to drop marginally to 107.3. Moreover,...

Romania's budget deficit is set to exceed the target this year without additional effort, the International Monetary Fund reported Thursday. Concluding the Article IV Consultation, the executive board of the IMF said the deficit is forecast to widen to 3.7 percent of GDP on account of new wage and...

Slovakia's producer price inflation slowed in April after accelerating sharply in the previous two months, preliminary data from the Statistical Office of the Slovak Republic showed Friday. Overall producer prices rose 3.5 percent year-on-year following 3.8 percent increase in March. In February,...

Hungary's unemployment rate increased in the three months ended April, though marginally, figures from the Hungarian Central Statistical Office showed Friday. The jobless rate edged up to 4.6 percent in the February to April period from 4.5 percent in the January to March period. Meanwhile, economists...

UK-GDP-052517.jpg UK's economic growth eased more than previously estimated in the first quarter due to the downward revisions to services and production. Gross domestic product grew 0.2 percent sequentially in the first quarter instead of 0.3 percent estimated on April 28, the second estimates from the Office for National Statistics showed Thursday.

Malta's producer prices decreased for the seventh consecutive month in April, figures from the National Statistics Office showed Thursday. The producer price index fell 1.8 percent year-over-year in April, faster than the 0.89 percent drop in March. This was mainly to a decline of 3.56 percent in...

Bulgaria's money supply growth moderated in April, figures from the Bulgarian National Bank showed Thursday. M3, the broad measure of money supply, climbed 7.6 percent year-over-year in April, slower than the 8.5 percent spike in March. Similarly, the annual growth in the narrow measure, M1, eased...

Italy's industrial orders decreased in March after rebounding in the previous month, data from the statistical office Istat showed Thursday. Industrial orders fell a seasonally adjusted 4.2 percent month-over-month in March, reversing a 5.2 percent rise in February. Export orders dropped sharply...

UK mortgage approvals declined slightly in April, figures from the British Bankers' Association showed Thursday. The number of mortgages approved for house purchases fell to 40,750 in April from 40,872 in March. Gross mortgage borrowing in April totaled GBP 13.4 billion much in line with recent...

The UK economy expanded less than previously estimated in the first quarter, the second estimate from the Office for National Statistics showed Thursday. Gross domestic product grew 0.2 percent sequentially in the first quarter instead of 0.3 percent estimated on April 28. A similar slower growth...

Poland's unemployment rate decreased for the third straight month in April, in line with expectations, figures from the Central Statistical Office showed Thursday. The registered jobless rate fell to 7.7 percent in April from 8.1 percent in March. The figures also matched consensus estimated. In...

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