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Germany's consumer price inflation quickened in December to its highest level since the middle of 2013, in line with the flash data published earlier, latest figures from Destatis showed Wednesday. The consumer price index rose 1.7 percent year-over-year in December, confirming the preliminary data...

TheresaMay-011717.jpg The U.K. is set for a 'hard Brexit', which implies a complete separation from the European Union, as Prime Minister Theresa May said on Tuesday that her country will not remain a member of the single market. Britain will not seek to "hold on to bits of [EU] membership" and the country also will not seek to adopt models that are enjoyed by other countries, May said in a speech.

The United Kingdom will not seek to "hold on to bits of EU membership", Prime Minister Theresa May said in a crucial speech on Tuesday. The country also will not seek to adopt deals that are already available to other countries, May said in a speech at the Lancaster House. Britain "cannot be half...

German-ZEW-011717.jpg German economic sentiment improved to its highest level in seven months in January, as expectations were boosted by a strong run of positive data towards the end of last year. The ZEW Indicator of Economic Sentiment for Germany rose to 16.6 from 13.8 in December, the Mannheim-based Centre for European Economic Research/ZEW said Tuesday. However, economists had forecast a score of 18.4.

UKCPI-011717.jpg U.K. inflation reached its highest level in more than two years at the end of 2016 on air fares and food prices. Consumer price inflation increased more-than-expected to 1.6 percent in December from 1.2 percent in November, the Office for National Statistics reported Tuesday.

Ireland's foreign trade surplus declined notably in November, as imports surged and exports fell, figures from the Central Statistics Office showed Tuesday. The seasonally adjusted trade surplus fell to EUR 4.05 billion in November from EUR 5.04 billion in October. In the corresponding month last...

Germany's economic sentiment improved to its highest level in seven months in January, yet the score was less-than-expected, survey data from the Centre for European Economic Research/ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment for Germany rose to 16.6 from 13.8 in December, the Mannheim-based...

Italy's foreign trade surplus increased in November from a year ago, as exports grew faster than imports, figures from the statistical office Istat showed Tuesday. The trade surplus climbed to EUR 4.2 billion in November from EUR 4.0 billion in the corresponding month last year. However, it was just...

U.K. inflation reached its highest level since July 2014, the Office for National Statistics reported Tuesday. Consumer price inflation increased more-than-expected to 1.6 percent in December from 1.2 percent in November. This was the highest rate since July 2014 and above the expected rate of 1.4...

British house price inflation accelerated for the first time in five months in November, though marginally, figures from the Office for National Statistics showed Tuesday. The house price index climbed 6.7 percent year-over-year in November, faster than the 6.4 percent rise in the previous month....

Eurozone banks are likely to ease credit standards across all loan categories in the first quarter, bank lending survey from the European Central Bank showed Tuesday. Credit standards on loans to households for house purchases remained broadly unchanged and that for loans to enterprises tightened...

The International Monetary Fund raised its U.S. growth outlook citing likely shift in policy mix under the leadership of President-elect Donald Trump, while global growth projections were kept unchanged. Global growth will rise to a rate of 3.4 percent in 2017 and 3.6 percent in 2018, from a 2016...

Europe's car registrations climbed for the second straight month in December, the European Automobile Manufacturers Association reported Tuesday. Total passenger car registrations grew 3.0 percent year-over-year in December, but slower than previous month's 5.8 percent growth. Sales totaled 1,143,65...

EEP4-091614_17Jan17.jpg Consumer prices from the U.K. and economic confidence from Germany are the major reports due on Tuesday.

Bank of England Governor Mark Carney said economic growth driven by household consumption would slow in 2017. Households appear to be entirely looking through Brexit-related uncertainties, Carney said at the London School of Economics on Monday. The UK economic expansion increasingly rely on consumption....

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