logo

European Economic News

Share

ukretailsales-may24.jpg UK retail sales performed better-than-expected in April as warm weather boosted clothing sales, data from the Office for National Statistics showed Friday. The retail sales volume remained unchanged month-on-month, after rising 1.2 percent in March. Sales were forecast to drop 0.3 percent.

Luxembourg's exports fell for the first time in five months in March and imports also declined, data from the statistical office STATEC showed on Friday. Exports fell a seasonally adjusted 2.6 percent month-on-month in March, after a 1.1 percent rise in February. Imports declined 5.9 percent...

UK retail sales declined at the fastest pace since October 2017, quarterly Distributive Trades Survey from the Confederation of British Industry showed Friday. A balance of -27 percent reported a decline in sales volume in May. However, a 7 percent forecast a pick-up in volume. The survey showed...

Swedish producer price inflation eased to the lowest level in a year in April, figures from Statistics Sweden showed Friday. The producer price index climbed 4.9 percent year-on-year in April, after a 6.3 percent rise in March. The latest rate was the worst since April last year, when inflation...

UK retail sales remained flat in April, figures from the Office for National Statistics showed Friday. Retail sales volume remained unchanged on month, after rising 1.2 percent in March. Nonetheless, sales were forecast to drop 0.3 percent. At the same time, sales excluding auto fuel, dropped 0.2...

The Czech Republic's consumer confidence rose to the highest pace in three months in May, survey results from the Czech Statistical Office showed on Friday. The consumer confidence index rose to 3.8 in May from 1.5 in April. That was the highest reading since February, when it was 4.0. The business...

Austria's production growth slowed in March, data from Statistics Austria showed on Friday. The production index that combines both industry and construction climbed 5.7 percent year-on-year in March, after a 7.1 percent rise in February. Industrial production rose 4.7 percent annually and construction...

Spain's producer price inflation slowed slightly in April, data from the statistical office INE showed Friday. Producer price inflation came in at 2.3 percent in April, down from 2.4 percent in March. Excluding energy, producer price inflation rose slightly to 0.3 percent from 0.2 percent a month...

Finland's producer price inflation eased to its lowest level in two-and-a-half years in April, data from Statistics Finland showed on Friday. Producer prices climbed 2.0 percent annually in April, after a 2.3 percent rise in March. The latest rate was the lowest since November 2016, when inflation...

Finland's retail sales increased in April from a year ago, flash estimate from Statistics Finland showed Friday. Retail sales volume grew 3.2 percent year-on-year in April, faster than the 1.7 percent rise in March. At the same time, retail turnover advanced 4.3 percent versus 1.4 percent in the previous...

Singapore industrial production rose in April after falling in the previous month, defying expectation for further fall, data from the Economic Development Board showed on Friday. Manufacturing output rose 0.1 percent year-on-year in April, after a 4.3 percent decline in March. Economists had expected...

preview-may24.jpg Retail sales data from the UK is due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Finland's producer price data is due for April. Prices had remained flat on month in March. At 3.00 am ET, Statistics Austria releases industrial production for March. Production had increased 0.6 percent on month in February.

ecb-102418_23may19.jpg European Central Bank policymakers acknowledged that they were less confident regarding a return of solid growth in the euro area in the second half of the year, minutes of the April 9-10 policy session showed on Thursday. Policymakers acknowledged that some recent data had turned out even weaker than expected, the minutes said.

germanyflag-aug27_23may19.jpg German business confidence eroded to the lowest level in over four years in May amid rising concerns over global trade tensions, thus shrugging off the positive impact of the modest economic growth in the first quarter, and damping hopes of a recovery in the biggest euro area economy in the near term.

European Central Bank policymakers acknowledged that they were less confident regarding a return of solid growth in the euro area in the second half of the year, minutes of the April 9-10 policy session showed on Thursday. While the more protracted "soft patch" suggested by the latest data remained...

Follow RTT