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MartinWeale-BOE-072616.jpg Bank of England policymaker Martin Weale shifted his monetary policy stance after the release of negative business survey results and now favors an immediate stimulus to the economy. "I see things rather differently from what I would have done had we not had those numbers and the material point is that they were collected after July 12, so after the initial shock of the referendum," Weale said.

Sweden's producer prices declined further in June, though at a slower pace than in the previous month, figures from Statistics Sweden showed Tuesday. Producer prices in total fell 1.9 percent year-over-year in June, following a 4.5 percent decrease in May. The measure has been falling since July 2015. On...

Spain's producer prices declined at a slower annual pace for a second straight month in June, data from the statistical office INE showed Tuesday. The producer price index decreased 4.7 percent year-on-year following a 5.6 percent fall in May. In April, the measure dropped 6 percent. Excluding...

Finland's retail sales increased for a third straight month in June, but the pace of growth slowed, preliminary data from Statistics Finland showed Tuesday. The retail sales value grew 0.4 percent year-on-year after rising 1.8 percent each in the previous two months. The pace of growth was the weakest...

EEP14-011515_26Jul16.jpg Mortgage approvals from the U.K. is due on Tuesday, headlining a light day for the European economic news.

Finland's unemployment rate decreased in June to the lowest level in five months, figures from Statistics Finland showed Tuesday. The jobless rate fell to 9.3 percent in June from May's 1-year high of 10.8 percent. In the corresponding month last year, the rate was 10.0 percent. The latest unemployment...

Singapore's industrial production decreased for the first time in four months in June, defying economists' expectations for an increase, preliminary figures from the Economic Development Board showed Tuesday. Industrial production fell 0.3 percent year-over-year in June, reversing a 0.8 percent climb...

UKManufacturing-072516.jpg British business confidence plunged to its lowest level in seven-and-a-half years, after the surprise "Brexit" vote, survey results from the Confederation of British Industry (CBI) showed Monday. The quarterly CBI Industrial Trends survey showed that 52 percent of firms were less optimistic about the general business situation than three months ago, while 5 percent said they were more optimistic.

GermanBusinessConfidence-072516.jpg Germany's business sentiment weakened in July as the 'Brexit' vote made businesses less optimistic about their future. Nonetheless, they assessed a slight improvement in the current situation. The business climate index fell less-than-expected to 108.3 in July from 108.7 in June, survey results from the Munich-based Ifo economic institute showed Monday. The expected score was 107.5.

Luxembourg's unemployment rate held steady in June after falling slightly in the previous month, figures from the statistical office STATEC showed Monday. The seasonally adjusted jobless rate came in at 6.5 percent in June, the same rate as in May. In the corresponding month last year, the unemployment...

U.K. industrial orders declined further in July, the Industrial Trends Survey from the Confederation of British Industry showed Monday. The total order books balance dropped to -4 percent in July from -2 percent in June. The export order books declined notably to -22 percent from -14 percent in the...

Bulgaria's money supply growth quickened in June, preliminary figures from the Bulgarian National Bank showed Monday. M3, the broad measure of money supply, grew 8.9 percent year-over-year in May, faster than the 8.1 percent climb in the previous month. The annual growth in the narrow measure,...

Austria's production index that combines industrial production and construction output rose in May, as both components grew, figures from Statistics Austria showed Monday. The production index climbed 0.8 percent year-on-year with the industrial production component rising 0.8 percent. Construction...

Poland's unemployment rate eased for the fourth straight month in June to its lowest level in nearly eight years, figures from the Central Statistical Office showed Monday. The registered unemployment rate dropped to 8.8 percent from 9.1 percent in May. The figure was in line with economists' expectations. In...

Germany's business sentiment weakened in July, reports said citing survey results from Ifo on Monday. The business climate index fell to 108.3 in July from 108.7 in June. But it was above the expected score of 107.5. At the same time, the current conditions index came in at 114.7 versus the expected...

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