logo

European Economic News

Share

ukunemployment-dec11.jpg UK wages rose at the fastest pace in a decade in the three months to October, suggesting that real pay growth is turning sustainable and contribute to economic growth if a "no-deal" Brexit is avoided. Average wages including bonuses rose 3.3 percent year-on-year, which was the biggest increase since the May to July period of 2008.

zewgerman-dec11.jpg German investor confidence rose strongly in December, defying expectations for a modest weakening, but caution prevailed as financial analysts' assessment of the current economic situation again deteriorated sharply due to sluggish economic growth and uncertainties linked to global trade and Brexit. The ZEW Indicator of Economic Sentiment for Germany rose 6.6 points to reach minus 17.5 points.

Denmark's consumer price inflation remained the same in November as in the previous month, data from Danmarks Statistik showed on Monday. Inflation in November was 0.8 percent, unchanged from October. The transport component led the slowing in inflation, with a 1.2 percent fall, mainly due to the...

Greece consumer price inflation eased in the month of November, data from the Hellenic Statistical Authority showed on Monday. Inflation fell to 1.0 percent in November from 1.8 percent in October. The latest figure was the lowest in four months. Household equipment prices fell 1.8 percent in...

gdpuk-dec10.jpg UK economic growth slowed in the three months to October, mainly due to a fall in car sales and stagnation in manufacturing, as the uncertainty surrounding the country's decision to leave the European Union, dubbed Brexit, intensified. Gross domestic product grew 0.4 percent in the three months to October, which was slower than the 0.6 percent expansion in the September quarter.

Eurozone's investor confidence eased sharply in December and declined for a fourth month in a row, marking the lowest level since the same month in 2014, survey data from Sentix showed on Monday. The investor confidence index dropped to -0.3 from 8.8 in November, the behavioral research institute...

France's economy is set to expand at a slower rate in the fourth quarter than estimated earlier, survey data from Bank of France showed on Monday. The bank revised down its growth forecast for the fourth quarter by 0.2 percentage point to 0.2 percent. The survey showed that the confidence index...

germanexports-dec10.jpg Germany's merchandise exports grew more-than-expected in October and at the fastest pace in five months, preliminary figures from Destatis showed on Monday. Exports increased a calendar ad seasonally adjusted 0.7 percent from September, when they declined 0.4 percent. Economists had forecast a 0.4 percent gain for October.

Eurozone's economic growth rate halved in the third quarter as estimated initially, latest figures from the Eurostat showed on Friday. Gross domestic product grew 0.2 percent from the second quarter, when it increased 0.4 percent. The year-on-year growth rate was revised down to 1.6 percent from...

Denmark's industrial production rose in October, after decreasing in September, data from Statistics Denmark showed Friday. Industrial production rose 1.0 percent month-on-month in October following a 0.4 percent slump in September. In August, output rose 0.4 percent. Intermediate goods production...

Norway's manufacturing output increased in October, after a slump in the previous month, figures from the Statistics Norway showed on Friday. Manufacturing output grew 1.7 percent month-on-month following a 0.7 percent decline in September. The overall industrial output rose 2.3 percent in October...

Estonia's consumer price inflation eased in the month of November for the first time in four months, data from Statistics Estonia showed on Friday. Inflation fell to 3.4 percent in November from 4.4 percent in October, which was the highest since early 2012. In September, inflation was 3.7 percent....

germanindustrial-dec07.jpg Germany's industrial production in October unexpectedly dropped for the first time in three months, suggesting that manufacturing is yet to recover from a slowdown despite some improvement in demand. Industrial production dropped 0.5 percent from September, when they grew 0.1 percent, revised from 0.2 percent, preliminary figures from the Federal Statistical Office showed on Friday.

bankofengland-sep13_07dec18.jpg UK inflation expectations for the coming year rose to their highest level in five years, survey data from the Bank of England showed on Friday. Median expectations of the rate of inflation over the coming year were 3.2 percent, compared to 3.0 percent in August, the results of the quarterly Bank of England/TNS Inflation Attitudes Survey showed.

ukhouse-nov01_07dec18.jpg UK house price inflation slowed more-than-expected in November to its lowest level since December 2012, figures the Lloyds Banking Group subsidiary Halifax showed on Friday. The house price index rose 0.3 percent year-on-year in the three months to November, after a 1.5 percent increase in the three months to October. Economists had expected 1 percent growth.

Follow RTT