logo

European Economic News

Share SHARE

An index measuring consumer confidence in the United Kingdom increased more than expected, turning positive in January, the latest survey from polling company GfK revealed on Friday. The consumer confidence index came in at 1 in January, turning positive unexpectedly as economists forecast the index...

German-012915.jpg Germany's consumer prices in January declined for the first time in nearly five-and-a-half years and at faster than expected rates, in sync with forecasts for deflation in the euro area, preliminary figures from Destatis showed Thursday. The EU measure of inflation, the harmonized index of consumer prices, fell 0.5 percent annually, following a modest 0.1 percent gain in December. Economists had forecast a 0.2 percent decline.

EurozoneEconomicConfidence-012915.jpg Eurozone economic confidence strengthened a 6-month high in January on marked increases in consumer and retail trade confidence, survey data from the European Commission showed Thursday. The economic confidence index rose to 101.2, the highest since July, from 100.6 in December. It was forecast to rise to 101.6.

Germany-unemployment-012915.jpg Germany's unemployment rate declined to a record low at the start of the year, reflecting an improvement in the labor market after the euro area's biggest economy expanded the most in three years during 2014. The jobless rate dropped to a seasonally adjusted 6.5 percent in January from a revised 6.6 percent in December, the Federal Labor Agency reported Thursday.

Italy's consumer confidence improved more-than-expected in January to a six-month high, while business sentiment unexpectedly weakened, survey data from the statistical office ISTAT showed Thursday. The consumer confidence index climbed to 104 from 99 in December, revised from 99.7. Economists had...

U.K. retailers reported robust growth in sales in January and anticipate firm growth in February, the latest monthly Distributive Trades survey from the Confederation of British Industry showed Thursday. About 50 percent of retailers said that sales volumes were up in January, while 10 percent said...

Iceland's consumer price inflation held steady in January, after slowing in the previous two months, figures from Statistics Iceland showed Thursday. The consume price index rose 0.8 percent year-on-year in January, the same rate of increase as in December. On a monthly basis, consumer prices...

Eurozone economic confidence rose to a 6-month high in January, survey data from the European Commission showed Thursday. The economic confidence index climbed to 101.2, the highest since July, from 100.6 in December. It was forecast to rise to 101.6. The consumer confidence index rose to -8.5...

U.K. house prices continued to increase at a faster rate in December, data published by the Land Registry showed Thursday. House prices rose 0.6 percent month-on-month in December after rising 0.1 percent in November. On a yearly basis, house prices increased 7 percent in December, slightly slower...

Slovakia's consumer confidence held steady in January, after improving in the previous three months, figures from the Statistical Office of the Slovak Republic showed Thursday. The consumer confidence indicator came in at -10.4 in January, the same as in the previous month. In November, the score...

Eurozone money supply growth accelerated in December, while loans to the private sector continued to fall, the European Central Bank said Thursday. M3, the broad measure of money supply, grew at a faster pace of 3.6 percent following a 3.1 percent rise in November. The annual growth rate also exceeded...

Austria's manufacturing sector continued its downward trend at the beginning of the year, as both output and new orders fell at sharper rates, survey figures from Markit Economics showed Thursday. The seasonally adjusted Bank Austria manufacturing purchasing manager's index, or PMI, fell to 48.5 from...

Hourly wages in Italy remained unchanged after rising for two consecutive months, figures from the statistical office ISTAT showed Thursday. Wages remained flat month-over-month in December after rising 0.1 percent in November and October. On a yearly basis, hourly wages climbed 1.1 percent in...

Germany's unemployment rate declined to a record low in January, the Federal Labor Agency reported Thursday. The jobless rate dropped to a seasonally adjusted 6.5 percent from a revised 6.6 percent in December. The rate came in line with expectations. The number of people out of work decreased...

Sweden's economic tendency indicator, which measures business and consumer confidence, dropped slightly in January, following robust improvement in the previous month, survey data from the National Institute of Economic Research showed Thursday. The economic tendency indicator fell slightly by 0.3...

Follow RTT