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Eurozonejobless-090115.jpg Eurozone unemployment rate unexpectedly dropped in July to its lowest level in three-and-a-half years, adding to hopes that consumer spending would support growth amid low inflation. The unemployment rate fell to 10.9 percent in July, after holding steady at 11.1 percent in the previous two months, data from Eurostat revealed Tuesday. The figure was expected to remain at the 11.1 percent level f

Norway's manufacturing activity continued to decline in August, survey data from the Norwegian Association of Purchasing and Logistics (NIMA) and Danske Bank Norway showed Tuesday. The seasonally adjusted Purchasing Managers' Index, or PMI, fell to 43.3 in August from 45.4 in July. Economists had...

The French manufacturing sector contracted more than initially estimated in August, final data from Markit showed Tuesday. The manufacturing Purchasing Managers' Index fell to 48.3 in August from 49.6 in July. This was below the flash score of 48.6 and was the lowest in four months. Production...

Italy's manufacturing sector growth momentum remained solid during August, though the pace of expansion eased more-than-expected amid slower increases in output and new orders, survey results from Markit Economics and ADACI showed Tuesday. The purchasing managers' index for the factory sector dropped...

Germany's manufacturing sector registered its fastest growth in 16 months in August, final data from Markit showed Tuesday. The Markit/BME final manufacturing PMI rose to 53.3 in August from 51.8 a month ago. The initial score for August was 53.2. Production expanded at the strongest pace in five...

Ireland's unemployment rate held steady for the second straight month in August, figures from the Central Statistics Office showed Tuesday. The seasonally adjusted unemployment rate came in at 9.5 percent in August, the same rate as in the previous two months. The figures in both June and July were...

Italy's economy expanded more than initially estimated in the second quarter, final data from the statistical office Istat showed Tuesday. Gross domestic product grew 0.3 percent sequentially, up from the prior estimate of 0.2 percent. The economy had expanded 0.4 percent in the first quarter. This...

Manufacturing activity in Greece deteriorated further in August, due to lack of new orders and continued sharp drop in production, survey figures from Markit Economics showed Tuesday. The seasonally adjusted purchasing managers' index, or PMI, came in at 39.2 in August, well below the neutral 50.0...

Corrects fourth para Italy's jobless rate dropped in July to the lowest level in nearly two and half years, preliminary figures from the statistical office Istat showed Tuesday. The seasonally adjusted unemployment rate fell to 12.0 percent in July from 12.5 percent in the previous month. A year...

UK-Manufacturing-090115.jpg British manufacturing expansion slowed in August, defying expectations for a modest improvement, survey figures from the Chartered Institute of Procurement & Supply and Markit Economics showed Tuesday. The purchasing managers' index fell to 51.5 from 51.9 in July. Economists had expected a score of 52. A PMI reading above 50 suggests expanding activity.

Eurozone unemployment rate unexpectedly dropped in July to its lowest level in three-and-a-half years, provisional data from Eurostat showed Tuesday. The unemployment rate fell to 10.9 percent in July, after holding steady at 11.1 percent in the previous two months. It was expected to remain at the...

U.K. manufacturing expansion slowed in August, defying expectations for a modest improvement, survey figures from the Chartered Institute of Procurement & Supply and Markit Economics showed Tuesday. The purchasing managers' index fell to 51.5 from 51.9 in July. Economists had expected a score of...

U.K. mortgage approvals rose to a 17-month high in July, data from the Bank of England showed Tuesday. The number of mortgage approvals increased to 68,764 in July from 67,069 in June. It was the highest since February 2014, when it totaled 70,239 and also exceeded the expected level of 68,100. Total...

Manufacturing activity in Turkey deteriorated unexpectedly in August after expanding slightly in the prior month, survey figures from Markit Economics showed Tuesday. The Purchasing Managers' Index fell to 49.3 in August from 50.1 in July. Any reading below 50 suggests contraction, while a reading...

Germany's unemployment declined more than expected in August, reports said citing data from the Federal Labor Agency on Tuesday. The number of unemployed declined by 7,000 in August from July. Economists had forecast a decrease of 4,000. The jobless rate remained unchanged at 6.4 percent in August...

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