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Latvia's producer price inflation eased for the second straight month in July, though slightly, figures from the Central Statistical Bureau showed on Friday. The producer price index climbed 30.2 percent year-on-year in July, just below the 30.9 percent surge in June. Prices have been rising since...

Greece's current account deficit decreased in June due to an improvement in the services balance, data from the Bank of Greece showed on Friday. The current account deficit narrowed to EUR 722 million from EUR 1.3 billion in the same period last year. The visible trade deficit increased to EUR...

UK government borrowing in the financial year to July exceeded the official estimate as higher inflation lifted the cost of servicing government debt, the Office for Budget Responsibility said Friday. Borrowing excluding public sector banks was GBP 55.0 billion in the four months to July period compared...

Poland's industrial production growth moderated less-than-expected in July, while the producer price index continued its rising trend, though at a slower pace than in the previous month, data from Statistics Poland revealed on Friday. Industrial production grew 7.6 percent annually in July, following...

The eurozone current account balance turned to a surplus in June from a deficit in the previous month, the European Central Bank said on Friday. The current account balance showed a surplus of EUR 4.0 billion in June versus deficit of EUR 7.0 billion in May. In the corresponding month last year,...

Switzerland's industrial production increased in the second quarter, while construction output decreased, the Federal Statistical Office reported on Friday. Industrial production rose 5.1 percent yearly in the second quarter. Secondary sector production, which combines industry and construction,...

New Zealand credit card spending rose for the fifth month in a row in July, data from the Reserve Bank of New Zealand revealed on Friday. Total credit card billings rose 3.2 percent monthly in July, following a 2.9 percent increase in June. A similar higher spending was seen in March. Domestic...

ukretailsales july18 19aug22 UK retail sales unexpectedly recovered in July as promotions boosted online sales, while consumer sentiment hit a new record low in August amid the deepening cost of living crisis caused by rising inflation and the bleak economic prospects, separate data revealed Friday. Retail sales gained 0.3 percent on month, in contrast to the revised 0.2 percent fall in June.

Germany's producer price inflation accelerated unexpectedly to a new record high in July, primarily driven by higher energy costs, data from Destatis showed on Friday. Producer prices grew 37.2 percent year-over-year in July, well above the 32.7 percent surge in June. Economists had forecast inflation...

preview oct17 19aug22 Retail sales and public sector finances from the UK are due on Friday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics releases UK retail sales and public sector finance data. Sales are forecast to fall 0.2 percent on month, slightly faster than the 0.1 percent drop in June. The budget deficit is seen at GBP 25.3 billion in July.

The Norwegian central bank raised its benchmark interest rate further by 50 basis points in its August meeting, as widely expected, and policymakers hinted that there will be another rate hike in September in order to curtail soaring inflation. The Monetary Policy and Financial Stability Committee...

Mainland Norway's economy expanded in the second quarter after contracting in the previous quarter, preliminary data from Statistics Norway showed on Thursday. Gross domestic product of the mainland rebounded 0.7 percent from the first quarter, when it declined 0.4 percent. That was in line with...

Spain's foreign trade deficit increased sharply at the end of the second quarter, as imports grew more rapidly than exports, preliminary data from the Economy Ministry showed on Thursday. The trade deficit rose to EUR 5.39 billion in June from EUR 0.97 billion in the corresponding month last year....

Slovakia's EU measure of inflation increased further in July, data from the Statistical Office Of the Slovak Republic showed on Thursday. The EU measure of harmonized index of consumer prices, or HICP, rose 12.8 percent year-on-year in July, following an 12.6 percent increase in June. Economists had...

Austria's consumer price inflation rose more than initially estimated in July, final data from Statistics Austria showed on Thursday. Consumer prices rose 9.3 percent yearly in July, following an 8.7 percent increase in June. In the initial estimate, inflation was 9.2 percent. The latest inflation...

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