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Confidence among businesses in Italy decreased unexpectedly in August to its lowest level in a year, as assessments on new orders and production deteriorated, the results of a survey by the statistical office ISTAT showed Thursday. The business confidence index for manufacturing firms dropped to 95.7...

British retailers expect strong growth in sales in the month ahead and they are most optimistic since May 2002, the latest Distributive Trades Survey from the Confederation of British Industry showed Thursday. Retailers expect sales volumes to grow at an even more robust pace of +42 percent next...

Portugal's consumer confidence worsened moderately in August from its highest level in more than seven years logged in July, figures from Statistics Portugal showed Thursday. The consumer confidence fell to -25.5 in August from -25.3 in the previous month. The index has been rising steadily since...

Malta's producer prices declined at a slower rate in July, a report from the National Statistics Office showed Thursday. Producer prices decreased 2.74 percent year-over-year in July following the 3 percent drop in June. This marked the slowest rate of fall since March. Prices in the domestic market...

Eurozone economic confidence weakened more-than-expected in August, data showed Thursday. The economic confidence index fell to 100.6 in August from 102.1 in July, the European Commission said. The indicator was forecast to drop moderately to 101.5. Worsened sentiment resulted from deterioration...

Italy's retail sales declined more than expected in June, data from the statistical office ISTAT showed Thursday. Retail sales fell 2.6 percent year-over-year in June following the 0.4 percent drop in May. This was more than the 0.6 percent decline expected by economists. Food sales slid 2.4 percent...

Germany's unemployment increased unexpectedly in August, official data revealed Thursday. The number of people out of work increased by a seasonally adjusted 2,000 to 2.901 million in August, the Federal Labor Agency said. Economists had expected a decline of 5,000 after decreasing 12,000 in July. The...

Sentiment in the Danish industry recovered strongly in August after a drastic fall in the previous month led by strong improvement in production expectations, figures from Statistics Denmark revealed Thursday. The industrial confidence indicator climbed to -6 from -13 in July. In June, the score...

Austria's manufacturing sector expanded at a stable rate in August, survey figures from Markit Economics showed Thursday. The Bank Austria manufacturing purchasing managers' index, or PMI, came in at 50.9 in August, the same as in July. This marked the thirteenth consecutive month of expansion but...

Eurozone money supply growth accelerated further in July and lending to the private sector declined from last year, the European Central Bank said Thursday. M3 money supply grew 1.8 percent year-on-year in July, faster than the 1.6 percent increase in June. The annual rate also exceeded the expected...

Slovakia's producer prices continued to decline in July, but at a slower rate than in the previous month, figures from the Statistical Office of the Slovak Republic showed Thursday. The producer price index in the industrial sector dropped 3.1 percent year-on-year in July, slower than June's 3.4 percent...

Sweden's retail trade declined unexpectedly in July, after increasing in the previous month, a report from Statistics Sweden showed Thursday. Retail sales fell by a seasonally adjusted 0.7 percent month-over-month in July, partially reversing the 0.4 percent growth in June. Economists had forecast...

Spain's economic growth accelerated as initially estimated in the second quarter, final data from the statistical office INE showed Thursday. Gross domestic product grew 0.6 percent in the second quarter from the prior quarter, when it was up 0.4 percent. On a yearly basis, GDP growth more than...

Hungary's producer prices declined for the fifth month in a row in July, albeit at a slower pace, figures from the Hungarian Central Statistical Office showed Thursday. The producer price index fell 0.3 percent year-on-year in July, slower than June's 0.6 percent decline. Economists had forecast prices...

Spain's consumer prices declined at the fastest pace since October 2009, flash data from the statistical office INE showed Thursday. Consumer prices fell 0.5 percent year-on-year in August, this was the biggest fall since October 2009, when prices declined by 0.7 percent. Consumer prices dropped...