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The German economy is projected to grow faster than previously estimated next year but trimmed its outlook for 2021 citing the impact of supply-side bottleneck on the manufacturing sector. In its Autumn forecast, the think tank lifted its growth outlook for 2022 to 5.1 percent from 4.3 percent. The...

Ireland's wholesale prices declined at a softer pace in August, data from the Central Statistics Office showed on Wednesday. Wholesale prices decreased 1.4 percent annually in August, following a 2.1 percent decline in July. On a monthly basis, wholesale prices fell 0.8 percent in August, after...

Italy's industrial turnover increased at a softer pace in July, data from the statistical office Istat showed on Wednesday. Industrial turnover grew 0.9 percent month-on-month in July, after 3.1 percent increase in June. Domestic turnover rose 1.7 percent in July, after a 2.2 percent gain in June....

South Africa's consumer price inflation increased in August, figures from Statistics South Africa showed on Wednesday. The consumer price index rose 4.9 percent year-on-year in August, following a 4.6 percent increase in July. Economists had expected a 4,8 percent rise. The main contributions to...

Turkey's consumer confidence improved in September, survey results from the Turkish Statistical Institute showed on Wednesday. The consumer confidence index rose to 79.7 in September from 78.2 in August. The survey was carried out in cooperation with the Turkish Statistical Institute and the Central...

Denmark consumer confidence improved in September, survey data from Statistics Denmark showed on Wednesday. The consumer confidence index rose to 8.2 in September from 4.4 in August. The average for the past six months was 3.2. The index measuring consumers' view regarding the future personal financial...

The Netherlands' consumer confidence improved in September, data from the Central Bureau of Statistics showed on Wednesday. The consumer confidence index rose to -5 in September from -6 in August. The score was below the 20-year average of -8 points. Among components, the economic climate index...

Hungary's central bank raised its interest rates in September, for a fourth policy session in a row, and signaled it will continue to do so in coming months, citing rising inflation and upside risks to the outlook. The Monetary Council decided to raise the central bank base rate by 15 basis points...

oecd nov21 21sep21 The Organisation for Economic Cooperation and Development raised the growth projection for next year, while lowering the same for this year, and expressed concern over the increasingly uneven nature of the economic recovery from the slump caused by the pandemic as well as rising inflationary pressures.

ukpublicfinance sept21 21sep21 The UK budget deficit exceeded expectations and marked the second biggest shortfall on record for the month of August, driven by a surge in interest payments, data published by the Office for National Statistics showed on Tuesday. Public sector net borrowing, excluding public sector banks, totaled GBP 20.5 billion in August 2021.

Latvia's producer prices increased for the eighth straight month in August, figures from the Central Statistical Bureau showed on Tuesday. The producer price index rose 18.3 percent year-on-year in August, following a 15.8 percent increase in July. Among components, prices for manufacturing rose...

Slovenia's output prices rose in August, figures from the Statistical Office of the Republic of Slovenia showed on Tuesday. Output prices rose 7.7 percent year-on-year in August. Domestic market output prices grew 8.2 percent and those for the export market increased 7.1 percent. Prices for capital...

Poland's retail sales accelerated in August, figures from Statistics Poland showed on Tuesday. Retail sales grew 5.4 percent year-on-year in August, following a 0.5 percent rise in the same month last year. Sales of textiles, clothing, footwear accelerated 28.6 percent yearly in August and those...

UK manufacturing orders grew the most on record in September, survey data published by the Confederation of British Industry showed on Tuesday. The order book balance rose to 22 percent in September from 18 percent in August, the Industrial Trends Survey revealed. This was the strongest growth in...

Sweden's jobless rate increased in August, figures from Statistics Sweden showed on Tuesday. The jobless rate rose to a seasonally adjusted 8.5 percent in August from 9.8 percent in May. The number of unemployed persons increased to 478,500 in August from 454,300 in the previous month. The youth...

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