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Greece's current account deficit widened notably in April from the last year due to the deterioration in the balances of goods and services and the secondary income account, data published by Bank of Greece showed on Friday. The current account deficit increased to EUR 2.08 billion in April from EUR...

Britons' inflation expectations for the coming year slowed in May, the latest Bank of England/Kantar Inflation Attitudes Survey showed on Friday. Inflation for the coming year was seen at 2.4 percent, down from 2.7 percent in February. Likewise, inflation expectations for the twelve months after that...

Portugal's producer prices accelerated in May, figures from Statistics Portugal showed on Friday. The producer price index increased 7.8 percent year-on-year in May, following a 5.1 percent rise in April. Excluding the energy group, producer prices rose 4.5 percent yearly in May, following a 2.6...

uk aug15 18jun21 UK retail sales dropped in May as the reopening of all retail sectors and the easing of hospitality restrictions reduced food store sales, data from the Office for National Statistics revealed on Friday. Retail sales dropped 1.4 percent month-on-month in May, reversing a 9.2 percent rise in April and confounding expectations for an increase of 1.6 percent.

Croatia's jobless rate declined in May, figures from the Croatian Bureau of Statistics showed on Friday. The registered unemployment rate decreased to 8.2 percent in May from 8.9 percent in April. In the same month last year, jobless rate was 9.4 percent. The latest rate of unemployment was the...

The euro area current account surplus increased in April, the European Central Bank reported Friday. The current account surplus totaled EUR 23 billion in April versus EUR 18 billion surplus in the previous month. The visible trade surplus widened to EUR 27 billion from EUR 24 billion, while the...

Poland's average gross wages rose in May, data from Statistics Poland showed on Friday. Average gross wages and salaries grew 10.1 percent year-on-year in May and amounted to 5637.34 PLN. Economists had forecast a rise of 10.3 percent. On a monthly basis, average gross wages increased 0.3 percent...

Germany's producer prices increased to the highest level in twelve-and-a-half years in May, Destatis reported Friday. Producer prices increased 7.2 percent year-on-year in May, faster than the 0.8 percent rise seen in April. Economists had forecast an annual growth of 6.4 percent. This was the...

UK retail sales dropped unexpectedly in May after a sharp growth in April when retail restrictions were eased, data from the Office for National Statistics revealed on Friday. Retail sales dropped 1.4 percent month-on-month in May, reversing a 9.2 percent rise in April and confounding expectations...

preview oct25 18jun21 Retail sales from the UK and current account from the euro area 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 data for May. Sales are forecast to grow 1.6 percent on month, slower than the 9.2 percent increase seen in April.

snb 031617 17jun21 The Swiss National Bank decided to continue with its expansionary monetary policy in order to ensure price stability and to support the ongoing economic recovery. Policymakers of the central bank on Thursday decided to retain the policy rate and interest on sight deposits at the SNB at -0.75 percent. The bank repeated that it is willing to intervene in the foreign exchange market as necessary.

Eurozone's construction output declined in April after rising in the previous month, data form Eurostat showed on Thursday. The construction output fell 2.2 percent month-on-month in April, after a 4.1 percent growth in March. In February, construction output decreased 2.1 percent. Production in...

Turkey central bank maintained its key interest rates for the third straight month, as the weak currency and high commodity prices weigh on the inflation outlook. The Monetary Policy Committee of the Central Bank of the Republic of Turkey governed by Sahap Kavcioglu, decided to hold the key one-week...

Malta's EU measure of inflation increased in May, data from the National Statistics Office showed on Thursday. The EU measure of harmonized index of consumer prices, or HICP, rose 0.2 percent year-on-year in May, following a 0.1 percent increase in April. Education cost gained 15.6 percent yearly...

Eurozone consumer price inflation surpassed the central bank's target for the first time in more than two years in May, final data from Eurostat showed on Thursday. Consumer price inflation climbed to 2.0 percent from 1.6 percent in April. The rate came in line with the flash estimate published on...

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