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The euro area trade surplus increased to a 6-month high in June as the pace of decrease in imports was bigger than the fall in exports, Eurostat reported Thursday. The trade surplus rose to a seasonally adjusted EUR 22.3 billion from EUR 19 billion in May. This was the highest surplus seen so far...

Eurozone inflation remained stable as initially estimated in July, final data from Eurostat showed Thursday. Inflation in the currency bloc held steady at 1.3 percent in July. The rate came in line with the flash estimate published on July 31. Inflation continues to stay well below the ECB's...

UK retail sales increased more than expected in July on food store sales, data from the Office for National Statistics revealed Thursday. Retail sales volume grew 0.3 percent month-on-month in July, the same rate as logged in June. Sales were expected to rise at a slower pace of 0.2 percent. Excluding...

Austria's consumer price inflation accelerated marginally in July, figures from Statistics Austria showed Thursday. The consumer price index climbed 2.0 percent year-over-year in July, slightly faster than the 1.9 percent rise in June. Prices of food and soft drinks grew 2.2 percent annually in...

France's unemployment rate dropped in the second quarter to the lowest since late 2011, data from the statistical office Insee showed Thursday. The unemployment rate fell to 9.5 percent, in line with expectations, from 9.6 percent in the first quarter. This was the lowest rate since the fourth quarter...

EEP14-011515_17Aug17.jpg Final consumer prices and foreign trade figures from euro area and retail sales from the UK are due on Thursday, headlining a light day for the European economic news.

Dutch unemployment rate decreased for the second successive month in July, though slightly, figures from the Central Bureau of Statistics showed Thursday. The seasonally adjusted jobless rate dropped to 4.8 percent in July from 4.9 percent in the previous month. In the corresponding month last...

Eurozone banks must prepare themselves for the worst case scenario of a hard Brexit and they must accelerate their preparatory work, European Central Bank Executive Board member Sabine Lautenschlager said Wednesday. "I have a very clear message to both smaller and larger banks: the clock is ticking,"...

EurozoneGDP-081617.jpg The euro area economy expanded as initially estimated in the second quarter with better contribution from individual economies. Gross domestic product grew 0.6 percent quarter-on-quarter, slightly faster than the 0.5 percent increase seen in the first three months of the year, the latest flash estimate from Eurostat showed Wednesday.

Slovakia's economic growth improved for the second straight quarter in the three months ended June, preliminary data from the Statistical Office of the Slovak Republic showed Wednesday. Gross domestic product advanced an unadjusted 3.3 percent year-over-year in the second quarter, faster than the...

UKunemployment-081617.jpg The UK unemployment rate declined further in the second quarter to the lowest level in 42 years and earnings growth exceeded expectations, but continued to lag behind inflation, squeezing consumers' disposable income. The ILO unemployment rate fell to 4.4 percent in the second quarter from 4.9 percent a year ago, data from the Office for National Statistics showed Wednesday.

Dutch export growth accelerated sharply in June to the highest level in six-and-a-half years, figures from the Central Bureau of Statistics showed Wednesday. The volume of exports surged a working-day-adjusted 11.0 percent year-over-year in June, much faster than the 3.2 percent rise in May. The measure...

Czech producer price inflation moderated for the third straight month in July, figures from the Czech Statistical Office showed Wednesday. Industrial producer prices rose 1.1 percent year-over-year in July, slower than the 1.3 percent increase in June. The measure has been rising since January. Among...

Bulgaria's economic growth improved for the second straight quarter in the three months ended June, though marginally, preliminary figures from the National Statistical Institute showed Wednesday. Gross domestic product advanced a seasonally adjusted 3.6 percent year-over-year in the second quarter,...

Poland's economic growth eased at a slower-than-expected pace in the three months ended June, preliminary figures from the Central Statistical Office of Poland showed Wednesday. Gross domestic product expanded an unadjusted 3.9 percent year-over-year in the second quarter, just below the 4.0 percent...

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