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The Mainland Norway economy shrank in May due to weak household consumption, Statistics Norway said Thursday. Gross domestic product contracted 0.2 percent on month, following a 0.3 percent drop in April. Meanwhile, overall Norway GDP grew 0.4 percent, offsetting April's 0.4 percent fall. The...

Hungary's foreign trade surplus increased in May from a year ago, as exports grew faster than imports, preliminary data from the Hungarian Central Statistical Office showed on Thursday. The trade surplus rose to EUR 135 million in May from EUR 70 million in the corresponding month last year. In...

Denmark's industrial production increased at a faster pace in May, despite the global uncertainties due to the war in Ukraine and the rising inflationary pressures due to the soaring commodity prices, data from Statistics Denmark showed on Thursday. Industrial production grew a seasonally adjusted...

germanyindustrialproduction oct08 07jul22 Germany's industrial production growth slowed more than expected in May on supply shortages, raising fears of recession, data from Destatis revealed on Thursday. Industrial production grew 0.2 percent in May from April, when output was up by revised 1.3 percent. Output was expected to climb 0.4 percent.

Dutch consumer price inflation increased at a softer pace in June, data from the Central Bureau of Statistics showed on Thursday. The consumer price index rose 8.6 percent year-on-year in June, following an 8.8 percent increase in May. The latest inflation was mainly due to slower increase in energy...

Estonia's consumer price inflation increased further in June, driven mainly by higher housing-related prices, data from Statistics Estonia showed on Thursday. The consumer price index increased 21.9 percent year-on-year in June, following a 20.0 percent rise in May. Cost of goods grew 17.9 percent...

Switzerland's unemployment rate declined further in June, in line with expectations, the State Secretariat for Economic Affairs, or SECO, said on Thursday. The unadjusted unemployment rate dropped to 2.0 percent in June from 2.1 percent in the previous month. In the corresponding month last year,...

ukhouse nov01 07jul22 UK house prices rose at the fastest annual pace since late 2004 in June, survey data from the Llyods Bank subsidiary Halifax showed Thursday. The house price index climbed 13.0 percent year-over-year in June, faster than the 10.7 percent rise in May. The latest annual price increase was the fastest...

Estonia's consumer price inflation accelerated further to reach a new record high in June, largely driven by higher costs for housing and transport, figures from Statistics Estonia showed on Thursday. Consumer prices climbed 21.9 percent yearly in June, following a 20.0 percent increase in May. Housing...

Germany's industrial production grew less than expected in May, data from Destatis revealed on Thursday. Industrial production grew 0.2 percent in May from April, when output was up by revised 1.3 percent. Output was expected to climb 0.4 percent. Excluding energy and construction, industrial...

preview3 07jul22 Industrial production from Germany and the minutes of the monetary policy meeting from the European Central Bank are the major reports due on Thursday. At 1.45 am ET, the State Secretariat for Economic Affairs is set to publish the Swiss jobless rate data. The rate is forecast to remain unchanged at seasonally adjusted 2.2 percent in June.

Romania's central bank raised its monetary policy rate more than expected on Wednesday amid rampant inflation due to increased prices for electricity and natural gas caused by the war in Ukraine and the related sanctions. The board unanimously decided to raise the benchmark rate by a full percent...

Ireland's unemployment rate increased marginally in June, after falling in the previous two months, figures from the Central Statistics Office showed on Wednesday. The seasonally adjusted jobless rate rose to 4.8 percent in June from 4.7 percent in May. In the corresponding month last year, the unemployment...

Hungary's industrial production expanded at the weakest pace in six months in May, while retail sales continued to expand sharply, figures from the Hungarian Central Statistical Office showed on Wednesday. Industrial production climbed a working-day adjusted 3.4 percent year-over-year in May, slower...

Eurozone retail trade recovered at a slower-than-expected pace in May, figures from Eurostat showed on Wednesday. Retail sales rose 0.2 percent month-over-month in May, in contrast to a revised 1.4 percent fall in April. That was below the 0.4 percent increase expected by economists. The increase...

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