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european economic news

  • Slovakia Construction Output Growth Eases In April June 08, 2026 08:18 ET

    Slovakia's construction production growth moderated after accelerating sharply in the previous month. Construction output grew 13.2 percent year-on-year in April, slower than the 29.9 percent surge in March. However, this was the strongest April performance in eighteen years. The overall sharp growth was driven by a 20.0 percent expansion in domestic new construction.

  • Germany Factory Orders Fall More Than Forecast June 08, 2026 08:13 ET

    Germany's factory orders declined more than expected in April as frontloading effects diminished, data from Destatis revealed Monday. Factory orders logged a monthly fall of 3.8 percent in April, in contrast to the revised 4.5 percent increase in March and 1.6 percent rise in February. This was the first decline since January, when orders were down 11.5 percent.

  • Eurozone Investor Sentiment Improves For Second Month June 08, 2026 06:42 ET

    Eurozone investor confidence improved for the second straight month in June, signalling economic stabilization to continue over the coming months, survey data from the behavioral research institute Sentix showed Monday. The investor sentiment index rose more-than-expected to -13.4 in June from -16.4 in May. The score was forecast to rise to -13.8.

  • Iceland Trade Gap Narrows In May June 08, 2026 05:55 ET

    Iceland's foreign trade deficit decreased in May from a year ago. The trade gap narrowed to ISK 56.6 billion in May from ISK 63.1 billion in the corresponding month last year. In April, the deficit was only ISK 65.8 billion. Both exports and imports plunged by 11.0 percent on an annual basis in May. There was a 15.0 percent sharp decline in the exports of industrial goods.

  • Lithuania Inflation Climbs To 33-month High June 08, 2026 03:57 ET

    Lithuania's consumer price inflation accelerated further in May to the highest level in more than two-and-a-half years. The consumer price index rose 5.5 percent year-on-year in May, faster than the 5.3 percent increase in April. Moreover, this was the highest inflation rate since August 2023, when prices climbed 6.2 percent. Transport charges alone surged 16.2 percent.v

  • Germany Factory Orders Decline June 08, 2026 02:59 ET

    Germany's factory orders declined more than expected in April, data from Destatis revealed Monday. Factory orders logged a monthly fall of 3.8 percent in April, in contrast to the 4.5 percent increase in March. Economists had forecast a fall of 2.2 percent. On a yearly basis, orders grew 1.6 percent...

  • European Economic News Preview: Germany Factory Orders Data Due June 08, 2026 01:35 ET

    Factory orders from Germany and investor confidence from the euro area are the top economic news due on Monday. At 2.00 am ET, Destatis is scheduled to issue Germany's factory orders. Economists forecast factory orders to fall 2.2 percent on a monthly basis in April, in contrast to the 5.0 percent increase in March.

  • U.K. House Prices Fall For Third Month: Halifax Survey June 05, 2026 11:33 ET

    House prices in the U.K. fell for a third month in a row in May amid the global uncertainty linked to the tensions in West Asia and subdued demand due to higher borrowing costs, results of a survey by S&P Global showed on Friday. The house price index fell 0.1 percent month-on-month in May, same as in April, the S&P Global survey conducted for the Lloyds Bank subsidiary Halifax revealed.

  • Eurozone Economy Shrinks For First Time Since 2022 June 05, 2026 08:17 ET

    The euro area economy contracted for the first time in more than three years in the first quarter, in contrast to the earlier estimates, dragged down by the massive slump in Ireland, official data revealed Friday. Gross domestic product shrank 0.2 percent on a quarterly basis, offsetting the 0.2 percent growth seen in the fourth quarter, latest data from the statistical office Eurostat showed.

  • BoE DMP Survey Shows Firms Raise Year-ahead Output Price Inflation Expectations June 05, 2026 05:36 ET

    A Bank of England survey showed on Friday that businesses expect a bigger increase in their costs in the one year-ahead horizon but lowered their view on the consumer price inflation for the same period. Firms raised their year-ahead own-price inflation expectation to 4.0 percent in the three months to May from 3.8 percent in the three months to April, the DMP survey showed.

  • Czech Central Bank Raises Countercyclical Capital Buffer Rate June 04, 2026 11:06 ET

    The Czech National Bank raised the countercyclical capital buffer rate on Thursday, citing strong lending activity, rising debt and increasing housing prices. The CNB bank board decided to increase the countercyclical capital buffer (CCyB) rate by 25 basis points to 1.5 percent with effect from July 1, 2027, at its financial stability meeting.

  • Slovakian Retail Sales Fall 0.2% In April June 04, 2026 08:19 ET

    Slovakia's retail sales decreased slightly in April as the growth in specialized stores was offset by the weaker performance of supermarkets and e-shops. Retail sales dropped 0.2 percent year-on-year in April, reversing a 6.2 percent strong recovery in March. Sales at hyper- and supermarkets contracted 7.3 percent annually in April, and sales in e-shops were 9.2 percent lower.

  • UK Car Market Logs Strongest May Growth Since 2019: SMMT June 04, 2026 07:53 ET

    The UK car market registered its strongest May performance since 2019 bolstered by wider choice and sustained competition, the Society of Motor Manufacturers and Traders, or SMMT, said Thursday. Car sales grew 7.1 percent in May from the previous year to 160,662 units. Although the growth was the best recorded for the month since 2019

  • Turkish Jobless Rate Rises To 8.2% In April June 04, 2026 07:51 ET

    Turkey's unemployment rate increased marginally in April after falling in the prior month. The seasonally adjusted unemployment rate rose to 8.2 percent in April from 8.1 percent in the previous month. The employment rate dropped to 48.1 percent from 48.7 percent in the prior month. There were 2.868 million unemployed people in April compared to 3.068 million a year ago.

  • Romanian Retail Sales Fall 6.3% In April June 04, 2026 07:34 ET

    Romania's retail sales declined for the ninth straight month in April. Retail sales fell by a working-day-adjusted 6.3 percent year-on-year in April, faster than the 3.8 percent decrease in March. Sales have been falling since August 2025. Sales of food products alone contracted 6.6 percent annually in April, and those of non-food products dropped 7.9 percent.

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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