Consumer confidence in Belgium improved for the second straight month in May, survey data from the National Bank of Belgium showed on Wednesday.
The consumer confidence indicator climbed to -19 from -20 in April and -24 in March. The latest score is the strongest since -17 in February.
All components...
The International Monetary Fund on Wednesday warned that fiscal consolidation in the U.K. will be a drag on economic growth. Given the weak growth prospects, it should adopt policies to re-balance the economy.
U.K. manufacturers expect strong output growth in the coming three months, according to the latest Industrial Trends survey conducted by the Confederation of British Industry.
Some 33 percent of firms predict increases in output and only 15 percent forecast falls, giving a balance of 18 percent percent....
Bank of England Chief Mervyn King maintained his call for more stimulus for the fourth month and was defeated again by a majority of six members as in previous months who cited faster-than-expected growth and pipeline impact from previous stimulus. At his penultimate meeting, King along with Paul Fisher and David Miles sought an increase in quantitative easing by GBP 25 billion.
Output prices in the Irish manufacturing sector rose at the strongest pace in five month during April, data released by the Central Statistics Office showed Wednesday.
Factory-gate prices rose 1.9 percent year-on-year, following 1.1 percent rise in the previous month. The latest increase was the...
The U.K. budget gap, excluding interventions, totaled GBP 6.3 billion in April compared to a surplus of GBP 19.1 billion in the prior year, the Office for National Statistics showed Wednesday. However, the deficit was below the consensus forecast of GBP 8.5 billion.
After removing the effects of...
Greece's current account deficit fell sharply in March from a year earlier, data from the central bank revealed Wednesday.
The current account deficit was EUR 1.3 billion in March, down by EUR 952 million or 42.5 percent year-on-year. According to the central bank, this development was mainly due...
The call for additional stimulus by Bank of England chief Mervyn King was overturned by other policymakers for the fourth consecutive month, minutes showed Wednesday.
As seen in previous months, King, Paul Fisher and David Miles sought an increase in quantitative easing by GBP 25 billion to GBP 400...
Retail sales in the UK declined unexpectedly in April, the latest figures from the Office for National Statistics showed Wednesday.
Retail sales volume, including auto fuel, fell 1.3 percent month-on-month in April against forecast for a 0.1 percent increase. Sales, excluding fuel, dropped 1.4 percent...
The euro area current account surplus surged to EUR 25.9 billion in March largely due to an increase in trade surplus, the European Central Bank reported Wednesday.
Confidence among Dutch consumers improved for a third consecutive month in May, a report from Statistics Netherlands showed Wednesday.
The consumer confidence index rose by 3 points from a month earlier to -32 in May, in line with expectations. The mood improved for a third successive month after...
Confidence among Danish consumers improved slightly in May, according to a report published by Statistics Denmark on Wednesday.
The consumer confidence index rose to -2.6 in May from -2.8 in April. Households appeared to be positive about their own financial situation, but was less optimistic on...
Hungary's average gross wages growth accelerated more than expected in March, official data showed Wednesday.
The minutes of the latest monetary policy meeting of the Bank of England and public finances and retail sales from the U.K. are due on Wednesday.
Poland's industrial production grew less-than-expected in April, data released by the Central Statistical Office showed Tuesday.
Industrial production rose 2.7 percent year-on-year, while economists had expected 3 percent growth. Manufacturing output increased 2.9 percent, while production in the...