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Germany's private sector activity expanded at a faster pace in August, as output growth strengthened in both the manufacturing and service sectors, flash survey data from IHS Markit showed Wednesday. The composite output index climbed to a 2-month high of 55.7 in August from 54.7 in July. Any reading...

French private sector activity expanded at a marked pace in August, though the rate of growth stagnated, flash survey data from IHS Markit showed Wednesday. The composite output index came in at 55.6 in August, the same reading as in July. However, any score above 50 indicates expansion in the sector. Service...

Norway's unemployment rate decreased as expected in June, figures from Statistics Norway showed Wednesday. The seasonally adjusted jobless rate dropped to 4.3 percent in June from 4.5 percent in March. The figure also matched consensus estimate. The rate for June indicates the average for May to...

Poland's economic growth accelerated at the start of the third quarter, underpinned by strong expansions in both industrial production and retail sales in July, Liam Carson, an economist at Capital Economics, said. The annual retail sales growth accelerated to 6.8 percent in July from 5.8 percent...

Hungary's central bank left its key interest rate unchanged at a record low for a fifteenth consecutive month on Tuesday. The Monetary Council of the Magyar Nemzeti Bank left the base rate unchanged at 0.90 percent, in line with economists' expectations. The central bank had cut the key rate by...

Pound-UK-082217.jpg The UK public sector net borrowing in July turned to surplus for the first time in 15 years on higher receipts of income tax, the Office for National Statistics said Tuesday. Public sector net borrowing excluding public sector banks was in GBP 0.2 billion surplus, which was the first July surplus since 2002. In July 2016, borrowing was GBP 0.3 billion.

Germanecoconfidence-082217.jpg Germany's economic confidence weakened for the third straight month to hit a 10-month low in August, reflecting weak exports and scandals in the auto sector. The ZEW Indicator of Economic Sentiment declined to 10.0 in August from 17.5 in July, survey data from the Mannheim-based Centre for European Economic Research/ZEW showed Tuesday.

Croatia' unemployment rate held steady in July after falling in the previous five months, figures from the Croatian Bureau of Statistics showed Tuesday. The registered jobless rate came in at 10.8 percent in July, the same rate as in June. In the corresponding month last year, the unemployment rate was 13.2 percent.

Ireland's factory gate prices declined for the second straight month in July, figures from the Central Statistics Office showed Tuesday. The manufacturing industries output price index, excluding VAT, dropped 1.9 percent year-over-year in July, which was worse than the 0.4 percent decrease in June. The...

Spain's foreign trade deficit decreased in June from a year ago, as exports grew faster than imports, preliminary figures from the Economy Ministry showed Tuesday. The trade deficit fell to EUR 1.26 billion in June from EUR 1.36 billion in the corresponding month last year. Exports grew 5.7 percent...

British manufacturing firms said order books were robust in August, while expectations for selling prices ticked up, the latest monthly Industrial Trends Survey from the Confederation of British Industry showed Tuesday. A balance of +13 percent of manufacturers reported an increase in order books...

Corrects month in fourth and final paragraphs Germany's economic confidence weakened notably to a 10-month low in August, survey data from the Mannheim-based Centre for European Economic Research/ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment declined to 10.0 in August from 17.5...

The UK public sector net borrowing was in surplus in July, the Office for National Statistics reported Tuesday. Public sector net borrowing excluding public sector banks was in GBP 0.2 billion surplus, which was the first July surplus since 2002. In July 2016, borrowing was GBP 0.3 billion. Economists...

Denmark's retail sales decreased for the second straight month in July, though marginally, figures from Statistics Denmark showed Tuesday. Retail trade turnover edged down a seasonally and price-adjusted 0.1 percent month-over-month in July, the same rate of drop as in June. Sales of food and...

Finland's unemployment rate declined for the second straight month in July to the weakest level in almost a year, figures from Statistics Finland showed Tuesday. The jobless rate dropped to 7.5 percent in July from 8.9 percent in the prior month. In the corresponding month last year, the rate was...

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