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eurozonepmi-052318.jpg Eurozone private sector grew at the weakest pace in one-and-a-half years in May with the rate of expansion slowing for the fourth consecutive month, flash survey data from IHS Markit showed Wednesday. The composite output index dropped to an 18-month low of 54.1 in May from 55.1 in April. The score was forecast to remain unchanged at 55.1. Nonetheless, a reading above 50 indicates growth.

uk-cpi-052318.jpg UK inflation continued to slow to reach a 13-month low in April, driven by air fares, adding doubts about the timing of the next rate hike by the Bank of England. Consumer prices climbed 2.4 percent year-on-year in April, slightly slower than the 2.5 percent increase seen in March, the Office for National Statistics reported Wednesday.

Denmark's consumer confidence improved in April to the highest level in ten months, survey figures from Statistics Denmark showed Wednesday. The consumer confidence index climbed to 9.3 in April from 7.1 in the previous month. Moreover, this was the highest reading since July last year, when it...

British retail sales grew at a moderate pace in May, the latest Distributive Trades Survey from the Confederation of British Industry showed Wednesday. A balance of 11 percent reported an increase in retail sales in May. However, a net 11 percent expects sales to fall next month. A cold start to...

Hungary's employee wage growth eased at a faster-than-expected pace in March, figures from the Hungarian Central Statistical Office showed Wednesday. Gross earnings advanced 11.3 percent year-over-year in March, slower than the 11.9 percent rise in February. Economists had expected the growth to moderate...

Latvia's producer price inflation accelerated for the fourth successive month in April, figures from the Central Statistical Bureau showed Wednesday. Industrial producer prices climbed 4.0 percent year-over-year in April, faster than the 3.5 percent increase in March. The measure has been rising since...

British house price inflation held steady in March after easing in the previous two months, figures from the Office for National Statistics showed Wednesday. The house price index climbed 4.2 percent year-over-year in March, the same rate of rise as in February, which was revised down from a 4.4 percent...

UK inflation slowed slightly in April, data from the Office for National Statistics revealed Wednesday. Consumer prices climbed 2.4 percent year-on-year in April, slightly slower than the 2.5 percent increase seen in March. The rate was expected to remain at 2.5 percent. Month-on-month, consumer...

Eurozone private sector grew at the slowest pace in one-and-a-half years in May, flash survey data from IHS Markit showed Wednesday. The composite output index dropped to an 18-month low of 54.1 in May from 55.1 in April. The score was forecast to remain unchanged at 55.1. "Despite the headline...

Germany's private sector activity expanded at the weakest pace in twenty months in May, preliminary survey results from IHS Markit showed Wednesday. The composite output index dropped to 53.1 in May from 54.6 in April. However, any reading above 50 indicates growth in the sector. The slowdown in...

Turkey's consumer confidence weakened in May after improving in the previous month, survey data from the Turkish Statistical Institute showed Wednesday. The consumer confidence index dropped to 69.9 in May from 71.9 in April. The financial situation expectation of household index fell to 89.0 in...

France's private sector growth slowed to a 16-month low in May, flash survey data from IHS Markit showed Wednesday. The flash composite output index fell more-than-expected to 54.5 in May from 56.9 in April. The score was seen at 56.8. The moderation in overall output growth was driven by the...

Finland's jobless rate decreased in April after rising in the previous month, figures from Statistics Finland showed Wednesday. The jobless rate dropped to 8.6 percent in April from 8.8 percent in March. In the corresponding month last year, the rate was 10.2 percent. The number of unemployed...

France's unemployment rate increased in the first quarter, the statistical office Insee said Wednesday. The ILO jobless rate in metropolitan France and the overseas departments rose to 9.2 percent from revised 9 percent in the fourth quarter. In metropolitan France, the unemployment rate came...

european-economic-preview-052318.jpg Consumer prices from the UK and flash Purchasing Managers' survey data from euro area are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, unemployment data is due from Finland. At 3.00 am ET, IHS Markit publishes France's PMI data. The composite index is seen falling to 56.8 in May from 56.9 in April.

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