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Sweden's services sector expanded at the fourth fastest pace in the survey history in November, survey data from Swedbank and Silf showed on Friday. The purchasing managers' index for the services sector rose to 68.7 in November from 68.0 in October. Any reading above 50 indicates expansion in the...

Russia's service sector contracted at the fastest pace since October last year, data from IHS Markit showed on Friday. The services Purchasing Managers' Index fell to 47.1 in November from 48.8 in October. Any reading below 50 indicates contraction in the sector. New sales declined at a solid pace...

The UK service sector continued to log strong recovery in November driven by the fastest rise in new business intakes for five months, final data from IHS Markit showed on Friday. The Chartered Institute of Procurement & Supply services Purchasing Managers' Index dropped to 58.5 in November from October's...

eurozoneservices july 03dec21 Eurozone private sector growth re-accelerated in November primarily reflecting the resilience in the service sector as severe supply-related constraints weighed on manufacturing activity, final survey results from IHS Markit showed on Friday. Official data showed that retail turnover in the currency bloc recovered, as expected, in October despite a fall in food sales.

Hungary's retail sales grew at softer pace in October, figures from the Hungarian Central Statistical Office showed on Friday. Retail sales rose a calendar-adjusted 5.7 percent year-on-year in October, after a 5.8 percent increase in September. Sales of food products rose 3.4 percent annually in...

Turkey's consumer prices increased and producer price inflation rose in November, figures from the Turkish Statistical Institute showed on Friday. The consumer prices index rose 21.31 percent year-on-year in November, following a 19.89 percent increase in October. Economists had expected a growth...

Eurozone retail sales increased in October after falling in the previous month, data from Eurostat showed on Friday. Retail sales grew 0.2 percent month-on-month in October, as expected, reversing a 0.4 percent fall in September. Non-food product sales were up 0.4 percent and sales in automotive...

France's industrial production rebounded in October, largely led by a strong recovery in the manufacture of transport equipment, preliminary data from the statistical office INSEE showed Friday. Industrial production grew 0.9 percent from September, when it decreased 1.5 percent. Economists had forecast...

Ireland's service sector growth eased in November amid an increase in fresh coronavirus infections, survey data from IHS Markit showed on Friday. The AIB Ireland services Purchasing Managers' Index fell to 59.3 in November from 63.4 in September. Any reading above 50.0 indicates expansion in the sector. "The...

preview oct25 03dec21 Retail sales and final composite Purchasing Managers' survey results from euro area are due on Friday, headlining a busy day for the European economic news. At 2.45 am ET, France's statistical office Insee releases industrial production data for October. Economists forecast output to grow 0.5 percent on month, reversing a 1.3 percent fall in September.

Fitch Ratings downgraded the outlook on Turkey's sovereign ratings to Negative from Stable, citing various risks to macroeconomic and financial stability and potential external financing pressures. The rating agency said the central bank's premature monetary policy easing cycle and the prospect of...

Spain's unemployment logged its biggest monthly fall on record for the month of November, data from the labor ministry showed on Thursday. The number of unemployed decreased by 74,381, which was the largest drop in the series for November. The total number of registered unemployed totaled 3.18...

eurozone 112819 02dec21 The euro area unemployment rate dropped marginally in October as the economy continued to expand despite supply bottlenecks, data from Eurostat showed on Thursday. The jobless rate came in at 7.3 percent, as expected, and down from 7.4 percent in September. In the same period last year, the unemployment rate was 8.4 percent.

Italy's jobless rate rose in October, data from the statistical office ISTAT showed on Thursday. The jobless rate increased to 9.4 percent in October from 9.2 percent in September. Economists had expected a rate of 9.1 percent. In the same month last year, unemployment rate was 10.1 percent. The...

Hungary's trade balance swung to deficit in September, final data from the Hungarian Central Statistical Office showed on Thursday. The trade balance registered a deficit of EUR 128 million in September from EUR 1.188 billion in the same month last year. Economists had expected a deficit of EUR 62.0...

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