logo

European Economic News

Share

germany unemployement 032918 02mar21 Germany's unemployment rose in February, defying expectations for a decline, mainly due to the return of lockdown measures to battle the coronavirus pandemic that has severely hurt economic activity. The number of unemployed grew by a seasonally adjusted 9,000 persons from January to 2.752 million, latest data from the Federal Labor Agency showed Tuesday.

Ireland's construction output grew in the fourth quarter, figures from the Central Statistics Office showed on Tuesday. Construction output grew 2.7 percent yearly in the fourth quarter, after a 7.8 percent fall in the third quarter. On a quarterly basis, construction output gained 13.7 percent...

Portugal's industrial production declined for the third straight month in January, figures from Statistics Portugal showed on Tuesday. Industrial production decreased 6.5 percent year-on-year in January, after a 4.6 percent decrease in December. Manufacturing output declined 5.4 percent yearly...

eurozoneflag feb01 02mar21 Eurozone consumer price inflation was stable in February, while core price growth slowed, flash figures from Eurostat showed Tuesday. The consumer price index rose 0.9 percent year-on-year, same as in January, and in line with economists' expectations. Inflation was in positive territory for a second straight month.

Hungary's producer price inflation eased in January, figures from the Hungarian Central Statistical Office showed on Tuesday. The producer price index rose 6.6 percent year-on-year in January, after a 6.8 percent increase December. In November, prices grew 5.5 percent. The development of prices...

Germany's retail sales decreased for a second straight month and at a faster than expected pace in January, preliminary figures from Destatis showed Tuesday. Retail sales fell 4.5 percent month-on-month, which was worse than the 0.3 percent decline economists had expected. In December, sales decreased...

Romania's producer prices rose for the second month in a row in January, data from the National Institute of Statistics showed on Tuesday. The producer price index grew 0.12 percent year-on-year in January, after a 0.26 percent rise in December. Prices in the domestic market increased 0.58 percent...

UK house price inflation accelerated in February, defying expectations for further slowing, survey data from the Nationwide Building Society showed Tuesday. The house price index rose 6.9 percent year-on-year following 6.4 percent rise in January. Economists had expected the rate to ease to 5.6 percent.

Estonia retail sales increased in January, data from Statistics Estonia showed on Tuesday. Retail sales, excluding motor vehicles and motor cycles trade, rose 7.0 percent year-on-year in January. "In January, turnover grew in enterprises engaged in the retail sale of automotive fuel as well as...

Finland's jobless rate increased in January, figures from Statistics Finland showed on Tuesday. The unemployment rate for the 15 to 74 age group rose to 8.7 percent in January from 7.1 percent in the same month last year. The number of unemployed persons increased by 41,000 to 235,000 in January...

Euro area manufacturing sector expanded at a faster than estimated pace in February, which was the strongest in three years as output and new orders grew sharply and export demand picked up.

uk export factory 051117 01mar21 UK manufacturing expansion strengthened marginally in February as stretched supply chains and rising costs weighed on growth. The seasonally adjusted CIPS Purchasing Managers' Index, or PMI, rose to 55.1 in February from 54.1 in January, survey data from IHS Markit showed Monday. That was above the...

Germany's consumer price inflation rose more than expected in February, preliminary figures from Destatis showed Monday. The consumer price index climbed 1.3 percent year-on-year following 1.0 percent increase in January. Economists had forecast 1.2 percent inflation. Prices rose for a second straight...

The Dutch manufacturing sector grew at the fastest pace in nearly two-and-a-half years in February, survey results from IHS Markit showed on Monday. The NEVI manufacturing Purchasing Managers' Index, or PMI, rose to 59.6 in February from 58.8 in January. Any reading above 50.0 indicates expansion...

Greece's manufacturing activity contracted in February, survey results from IHS Markit showed on Monday. The manufacturing Purchasing Managers' Index decreased to 49.4 in February from 50.0 in January. A reading below 50.0 indicates contraction in the sector. Output and new orders deteriorated...

Follow RTT