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economicspreview sept17 08mar21 Industrial production data from Germany and investor confidence survey results from euro area are due on Monday, headlining a light day for the European economic news. At 1.45 am ET, the State Secretariat for Economic Affairs is scheduled to release Swiss unemployment data for February. The jobless rate is seen at 3.6 percent, up from 3.5 percent in January.

Ireland's economy shrunk in the fourth quarter of 2020 due to a weaker performance of exports and a decline in consumer spending amid a resurgence of coronavirus infections across Europe, figures from the statistical office showed Friday. Gross domestic product decreased 5.1 percent from the third...

German manufacturers received less orders for plant and machinery in January compared to a year ago, largely due to the base effect. New orders for plant and machinery decreased 10 percent year-on-year, the mechanical engineering industry body VDMA said Friday. "Since there had been unusually...

France's current account deficit widened in January largely due to the fall in the services surplus, the Bank of France reported Friday. The current account deficit totaled EUR 1.6 billion versus a EUR 1 billion shortfall in December. The deficit on goods trade widened to EUR 2.7 billion from...

Italy's retail sales declined in January after rising in the previous month, data from the statistical office ISTAT showed on Friday. The retail sales value decreased a seasonally adjusted 3.0 percent month-on-month in January, after a 2.4 percent rise in December. In November, retail sales decreased...

Austria's economy contracted in 2020 at the fastest pace since 1945, due to the restrictions imposed to contain the coronavirus pandemic, data released by Statistics Austria showed on Friday. Gross domestic product was down 6.6 percent in 2020, following an expansion of 1.4 percent in 2019. GDP...

The French trade deficit increased in January from the prior month as growth in imports exceeded the rise in exports, data from the customs office showed on Friday. The trade deficit widened to EUR 3.94 billion from EUR 3.57 billion in December. In the same period last year, the shortfall was EUR...

germany jun07 05mar21 Germany's factory orders growth exceeded expectations in January underpinned by robust foreign demand, data from Destatis revealed on Friday. Factory orders expanded 1.4 percent month-on-month in January, reversing a revised 2.2 percent fall in the previous month. Orders were forecast to climb 0.7 percent. Domestic orders dropped 2.6 percent, while foreign demand grew 4.2 percent in January.

Austria's wholesale prices grew in February, data from Statistics Austria showed on Friday. The wholesale price index surged 2.2 percent year-on-year in February, after a 0.1 percent decline in January. Prices for scraps and residual materials accelerated 63.1 percent annually in February and prices...

Hungary's industrial production declined for the first time in four months in January, data from the Hungarian Central Statistical Office showed on Friday. Industrial production declined a working-day adjusted 2.8 percent year-on-year in January, after a 1.0 percent increase in December. The industrial...

UK house prices dropped for the second straight month in February, data released by the Lloyds Bank subsidiary Halifax and IHS Markit showed on Friday. House prices fell 0.1 percent on month, but slower than the 0.4 percent decline seen in January. This was the second consecutive fall and confounded...

Germany's factory orders grew more than expected in January driven by foreign demand, data from Destatis revealed on Friday. Factory orders expanded 1.4 percent month-on-month in January, reversing a revised 2.2 percent fall in the previous month. Orders were forecast to climb 0.7 percent. Domestic...

Estonia's consumer prices increased in February, data from Statistics Estonia showed on Friday. The consumer price index grew 0.6 percent year-on-year in February, following a 0.2 percent rise in January. "Compared to February 2020, the consumer price index was affected the most by 26.7 percent...

The current national lockdown continued to weigh on hiring decisions in February, the latest KPMG and REC Report on Jobs revealed Friday. Permanent job placements fell for the second consecutive month, albeit at a softer pace than in January. At the same time, growth in temp billings eased to a seven-month...

preview1 sept20 04mar21 Factory orders data from Germany is due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is slated to issue Germany's factory orders data for January. Economists forecast orders to grow 0.7 percent on month, reversing a 1.9 percent fall in December.

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