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The Czech Republic's economic sentiment improved slightly in May, after a historic fall in the previous month, helped by a modest strengthening in consumer morale as the shock from the coronavirus pandemic started to ebb, survey data from the Czech Statistical Office showed on Monday. The economic...

Belgium business confidence slightly recovered in May led by a modest improvement in sentiment in the business-related services sector as the lockdown restrictions imposed to slow the spread of the coronavirus were partially eased, survey data from the National Bank of Belgium showed on Monday. The...

germanyifo july25 25may20 Germany's business confidence improved in May driven by modest expectations of an economic revival, thanks to partial withdrawal of lockdown restrictions that were imposed to slow the spread of the coronavirus, or Covid-19. The ifo business confidence index climbed to 79.5 from a record low 74.2 in April, which was revised from 74.3, survey results from ifo Institute showed Monday.

Spain's producer prices declined at the fastest pace on record in May, driven by a slump in energy prices, preliminary figures from the statistical office INE showed on Monday. The producer price index dropped 8.4 percent year-on-year following a 4.9 percent decline in March. The latest fall was...

Corrects the first sentence in the third paragraph to reflect the fall in the current conditions measure. Germany's business confidence improved slightly more than expected in May, as European countries partly began to withdraw lockdown restrictions that were imposed to slow the spread of the coronavirus,...

Austria's production index logged a double-digit decline in March, data from Statistics Austria showed on Monday. The production index that covers both industry and construction, declined 12.1 percent on a yearly basis in March, following a 2.8 percent decrease in February. Industrial output...

germany may25 The German economy contracted at the fastest pace since the global financial crisis, as initially estimated, due to the coronavirus pandemic, revised data from Destatis showed on Monday. Gross domestic product fell 2.2 percent sequentially, the biggest fall since the first quarter of 2009 and the second biggest since the German unification. The rate came in line with the estimate.

Finland's producer prices declined sharply in April largely driven by fall in prices of oil products, data from Statistics Finland showed Monday. Producer prices decreased 7 percent year-on-year in April, faster than the 5.6 percent decrease seen in March. Prices have been falling over the last eleven...

preview oct26 25may20 Business sentiment and revised quarterly national accounts from Germany are due on Monday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's quarterly national accounts for the first quarter. According to initial estimate, the economy had contracted 2.2 percent sequentially, the fastest fall since the global financial crisis in 2008-09.

ecbank sep12 22may20 Policymakers are ready to boost stimulus measures as early as June after the coronavirus, or Covid-19, pandemic hurt the euro area economy severely and cast a pall over the near term outlook, minutes of the April 29-30 policy session signaled Friday.

Latvia's unemployment rate increased in the three months ended March, figures from the Central Statistical Bureau showed Friday. The jobless rate rose to 7.4 percent in the first quarter from 6.0 percent in the fourth quarter. In the corresponding period of 2019, the unemployment rate was 6.9 percent. The...

Poland's retail sales fell sharply in April as restrictions introduced due to coronavirus pandemic hurt demand, figures from Statistics Poland showed on Friday. Retail sales fell 22.9 percent year-on-year in April versus an 11.9 percent increase in the same month last year. Economists had expected...

Turkey's manufacturing capacity utilization rate increased in May, figures from the Turkish central bank showed on Friday. The capacity utilization rate rose to 62.6 percent in May from 61.6 percent in April. On a seasonally adjusted basis, the capacity utilization rate increased to 62.7 percent...

Lithuania's industrial production declined in April, figures from Statistics Lithuania showed on Friday. Industrial production decreased a working-day adjusted 11.4 percent year-on-year in April. Manufacturing output fell 13.0 percent annually in April. Meanwhile, excluding refined petroleum, manufacturing...

ukpublicfinancedata july19 22may20 The stimulus measures taken by the British government to shield the economy from the downturn posed by the coronavirus, or Covid-19, have pushed the budget deficit to a record high in April, data published by the Office for National Statistics showed on Friday. Another report from the ONS showed that high street sales declined at a record pace in April as many stores were temporarily closed.

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