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Germany's industrial production grew 0.6 percent in January from December, data from Destatis showed Friday. Economists had forecast an increase of 0.5 percent following December's 1 percent monthly growth. Excluding energy and construction, production remained at the level of the previous month....

Estonia's consumer prices continued to fall in February, but at a slower pace than from the previous month, figures from Statistics Estonia showed Friday. The consumer price index dropped 0.8 percent year-over-year n February, slower than January's 1.3 percent decline. The decline in February was...

EuropeanEconomicsPreview-030615.jpg Industrial production from Germany and revised quarterly national accounts from Eurozone are the major reports due on Friday. At 2.00 am ET, Germany's statistical office Destatis is scheduled to publish industrial output data for January. Economists forecast output to expand 0.5 percent on a monthly basis in January, following a 0.1 percent rise in December.

UK firms hired staff at the fastest rate in four months in February, results of a survey by the Recruitment and Employment Confederation, or REC, and KPMG showed Friday. Permanent staff appointments continued to rise and the rate of increase was fastest since October 2014. Temporary staff appointments...

Draghi-030515.jpg The European Central Bank will commence its bond purchases under an historic $1.1 trillion quantitative easing plan next week and expects the impact from it stimulus measures to return inflation to the euro area next year.

The European Central Bank President Mario Draghi said on Thursday that the bank will start purchasing public sector bonds in the secondary market on March 9, under its $1.1 trillion quantitative easing scheme announced in January. The bank left the interest rates unchanged for a fifth consecutive...

ECB-030515.jpg The European Central Bank on Thursday held its key interest rates unchanged at a record low for a fifth successive month as markets await the bank's President Mario Draghi to reveal the details of the historic $1.1 trillion quantitative easing announced in January.

BoE-030515.jpg The Bank of England kept its key rate unchanged at a historic low, a stance it has persisted with at every policy meeting since March 2009, when it cut the rate to confront recession at the peak of financial crisis. The nine-member Monetary Policy Committee decided to retain the key bank rate at 0.50 percent, marking its sixth anniversary of no change.

The European Central Bank on Thursday held its key interest rates unchanged at a record low for a fifth successive session. The Governing Council held the refinancing rate at a record low 0.05 percent, following its meeting in the Cypriot capital Nicosia, in line with economists' expectations. The...

The Bank of England kept its key interest rate at a record low for the sixth straight year and quantitative easing unchanged on Thursday. The Monetary Policy Committee of the BoE decided to retain the key bank rate at 0.50 percent and the size of asset purchases at GBP 375 billion at the end of the...

Greece's jobless rate climbed in December for the first time in four months, while economists had expected it to ease, figures from the Hellenic Statistical Authority showed Thursday. The unemployment rate rose to 26 percent from 25.9 percent in the previous two months. Economists had forecast a...

The U.K. new car market expanded for a 36th consecutive month in February- a record growth period, the Society of Motor Manufacturers and Traders said Thursday. In February, traditionally one of the quietest months of the year ahead of a number plate change in March, the market grew 12 percent year-on-year....

Germany's construction sector expanded in February after contracting in the previous month, results of a survey from Markit Economics showed Thursday. The purchasing managers' index, or PMI, for the construction sector, rose to 53.1 in February from 49.5 in January. This marked the fastest rate of...

Sweden's industrial production increased unexpectedly at the beginning of the year, data from Statistics Sweden showed Thursday. Industrial production rose a calender-adjusted 0.8 percent year-over-year in January, reversing a 1.8 percent fall in the previous month. It was the first rise in three...

Italy's economy stagnated as initially predicted in the fourth quarter, final data from the statistical office Istat showed Thursday. Gross domestic product remained flat on a sequential basis in the fourth quarter, following a 0.1 percent fall in the third quarter. The sequential rate came in line...

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