logo

European Economic News

Share SHARE

German import prices declined at the fastest pace in more than six years in April on falling energy prices, Destatis said Monday. Import prices decreased 6.6 percent year-on-year in April after falling 5.9 percent in March. Economists had forecast a 6.2 percent decline for April. This was the...

EEP07-011515_30May16.jpg Economic confidence survey results from euro area and consumer prices from Germany are due on Monday, headlining a busy day for the European economic news.

Dutch producer confidence dropped marginally in May after reaching to a 5-year high in the previous month, data from the Central Bureau of Statistics showed Monday. The producer confidence fell to 4.4 in May from 4.7 in April. In March, the reading was 3.9. Producers in the industry in May were...

Norway's central bank re-appointed Oystein Olsen as its chief for a second six-year term on Friday. Olsen was appointed as Governor of Norges Bank by the Council of State for a second six-year term, the bank said in a statement. He first became the Governor of the Norwegian central Bank in January,...

Italy's business sentiment weakened unexpectedly in May, monthly survey results from the statistical office Istat showed Friday. The business confidence index fell to 102.1 in May from 102.7 in April. A similar lower reading was last seen in February. Economists had forecast the reading to rise to...

Lithuania's retail sales growth quickened in April, after easing in the previous month, figures from the Department of Statistics showed Friday. Retail sales, excluding VAT, climbed a working-day-adjusted 6.3 percent year-over-year in April,faster than the 5.0 percent gain in March. In February, sales...

Iceland's consumer price inflation accelerated for the second straight month in May, though slightly, figures from Statistics Iceland showed Friday. The consumer price index rose 1.7 percent year-over-year in May, faster than the 1.6 percent climb in the previous month. Prices of domestic goods...

Swedish retail sales growth eased unexpectedly in April, figures from Statistics Sweden revealed Friday. Retail sales increased 1.7 percent year-on-year in April, following March's 1.9 percent growth. Economists had forecast sales growth to improve to 2.8 percent. This was the weakest growth since...

A measure of the current economic situation in the euro area declined for a fourth straight month in May, amid an industrial slowdown and low inflation, a report by the Bank of Italy and the Centre for Economic Policy Research showed Friday. The euro-coin indicator dropped to 0.26 from 0.28 in April....

Spain's retail sales grew at a slower pace in April, the statistical office INE reported Friday. Retail sales climbed by working-day adjusted 4.1 percent on a yearly basis, slower than the 4.4 percent increase seen in March. However, on an unadjusted basis, retail sales growth accelerated to 6.4...

Turkey's international reserves increased in April from a month ago, data from the Turkish Central Bank showed Friday. Official foreign reserves fell by 1.3 percent to $116.0 billion in April from $114.59 billion in the preceding month. Foreign currency reserves grew by $474 million over the month...

France's consumer confidence unexpectedly strengthened in May to its highest level in more than fifteen years, as households were less pessimistic regarding their future financial situation and saving intentions for the next 12 months, figures from INSEE showed Friday. The consumer confidence index...

Finland's manufacturing sentiment weakened in May, survey data from the Confederation of Finnish Industries (EK) showed Friday. The manufacturing sentiment index dropped to -11 from -8 in April. It was well below the long-term average of +1. The confidence indicator for the construction sector...

Finland's consumer confidence strengthened in May to the strongest level in one year, survey data from Statistics Finland showed Friday. The consumer confidence index climbed to 12.5 in May from 9.8 in the previous month. In March, the score was 10.4. The latest reading was the highest since May...

EEP19-011515_27May16.jpg Consumer sentiment from France is due on Friday, headlining a light day for the European economic news.

Follow RTT