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Turkey's central bank raised the reserve requirement of foreign currency lenders on Monday. "Reserve requirement ratios for FX deposits/participation funds have been increased by 200 basis points for all maturity brackets to support financial stability," the bank said in a statement. This move...

Denmark's slowing economic growth would weigh on banks' earnings, the central bank said Monday. "A substantial dampening of economic growth would lead to higher loan impairment charges and consequently lower earnings in future," the bank said in its financial stability report. The central bank...

Poland's jobless rate fell less than expected in April, data from Statistics Poland showed on Monday. The registered unemployment rate fell to 5.6 percent in April from 5.9 percent in March. Economists had expected a fall to 5.7 percent. In the same period last year, the jobless rate was 6.3 percent. The...

The Finnish manufacturing confidence rose in May after falling in the previous month, data released by the Confederation of Finnish Industries EK showed on Monday. The business confidence of manufacturing companies rose to 1 in May from minus 1 in April. Confidence in the construction sector...

Finland's consumer confidence fell further in May, figures from Statistics Finland showed on Monday. The consumer confidence fell to minus 1.8 in May from minus 1.7 in April. Households' expectations on their own current economy and the situation in 12 months improved slightly in May, while their...

Denmark's retail sales decreased for the first time in three months in April, figures from Statistics Denmark showed Monday. Retail sales dropped 0.3 percent month-on-month in April, reversing a 0.9 percent rise in March. Food sales gained 1.2 percent from previous month, while clothing sales plunged...

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...

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