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preview-jan21.jpg The labor market statistics from the UK and economic confidence from Germany are due on Tuesday, headlining a light day for the European economic news. At 3.00 am ET, Swiss M3 money supply data is due from the Swiss National Bank. At 4.00 am ET, Poland's averages gross wages data is due.

imf-040919_20jan20.jpg The International Monetary Fund on Monday cut the global growth forecasts for this year and next, mainly due to the weaker-than-expected expansion in India. Global growth for this year is projected at 3.3 percent, which is 0.1 percentage point less than the forecast made in October, the international lender said in the latest update to its World Economic Outlook.

Germany's economy likely stagnated in the final three months of 2019, the Bundesbank said in its monthly report released on Monday. The divergence continued with the domestic economy giving impetus, while the sluggishness in the export industry remained. However, there were increasing signs of...

Credit quality of new securitisations and covered bonds in the UK will remain stable this year amid low unemployment and interest rates, Moody's Investors Service said Monday. "Credit conditions will remain stable due to low unemployment and interest rates, while Brexit challenges will continue to...

Pressures on the UK household finances eased in January, a consumer survey from IHS Markit showed Monday. The household finance index rose to 44.6 in January from 43.2 in December. This was the highest score in 12 months. However, the indicator for future financial wellbeing expectations dipped back...

Norway industrial confidence decreased in the fourth quarter, data from Statistics Norway showed on Monday. Industrial confidence fell to 0.7 percent in the fourth quarter from 2.3 percent in the third quarter. The confidence index for the total volume of production decreased to 51.2 in the fourth...

Hong Kong's jobless rate rose marginally during the October to December period, data from the Census and Statistics Department showed on Monday. The jobless rate rose to 3.3 percent during the October to December period from 3.2 percent during the September to November period. This was in line with...

Germany's producer prices declined at a slower pace in December, data from Destatis showed on Monday. Producer prices fell 0.2 percent year-on-year, slower than the 0.7 percent decrease seen in November. This was also slower than the 0.3 percent fall economists' had forecast. On a monthly basis,...

Estonia's producer prices declined in December, data from Statistics Estonia showed on Monday. The producer price index fell 1.2 percent year-on-year in December, following a 0.9 percent decline in November. Prices of manufacturing prices fell 0.1 percent annually in December and those of electricity,...

UK house prices increased the most for the month of January after the general election, data published by property webside Rightmove showed Monday. House prices increased 2.3 percent in January, the highest since the record started in 2002. There now seems to be a release of this pent-up demand,...

ukretail-sep19_17jan20.jpg UK retail sales declined unexpectedly even in festive season in December signaling that weak consumer spending weighed on economic growth in the last quarter of 2019. Retail sales volume, including auto fuel, dropped 0.6 percent month-on-month, following a 0.8 percent decrease in November, data from the Office for National Statistics showed Friday.

Eurozone construction output recovered in November, Eurostat reported Friday. Construction output increased 0.7 percent on a monthly basis, in contrast to a 0.5 percent fall in October. The recovery was driven by a 1.1 percent rise in building construction and a 0.3 percent rise in civil engineering....

Portugal's producer prices fell for the seventh month in a row in December, figures from Statistics Portugal showed on Friday. The producer price index fell 1.6 percent year-on-year in December, following a 1.9 percent decline in November. Excluding the energy group, producer prices fell 1.4...

Italy consumer price inflation increased in December as estimated, final data from the statistical office Istat showed on Friday. Another report from Istat showed that the trade surplus increased in November, albeit decreases in exports and imports. The consumer price index rose 0.5 percent...

Austria's consumer price inflation rose in December, figures from Statistics Austria showed on Friday. The consumer price index rose 1.7 percent year-on-year in December, following a 1.1 percent increase in November. Prices for housing, water and energy, and leisure and culture grew by 2.5 percent,...

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