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Austria's consumer price inflation rose marginally in August, figures from Statistics Austria showed on Wednesday. The consumer price index rose 1.5 percent year-on-year in August, following a 1.4 percent increase in July. Restaurants and hotel prices grew by 3.1 percent annually in August and...

Eurozone construction output declined in July after rising in the previous month, data from Eurostat showed on Wednesday. Construction output fell 0.7 percent month-on-month in July, reversing a 0.6 percent rise in June. In May, output fell 0.5 percent. Civil engineering and building construction...

eurozoneflag-aug23_18sep19.jpg Eurozone inflation was stable in August at its lowest level in nearly three years, latest data from the Eurostat showed on Wednesday, confirming the preliminary estimates released on August 30. Headline inflation was 1 percent in August, the same as in July. The rate was the lowest since November 2016.

Poland's average gross wages increased in August as expected, data from Statistics Poland showed on Wednesday. Average gross wages and salaries grew 6.8 percent year-on-year in August, in line with expectations. On a monthly basis, average gross wages dropped 1.1 percent. At the same time, average...

ukinflation-071719_18sep19.jpg UK consumer price inflation eased to a 32-month low in August as computer games and clothing turned cheaper, data from the Office for National Statistics showed Wednesday. Consumer price inflation eased to 1.7 percent from 2.1 percent in July. The rate was forecast to ease moderately to 1.9 percent. This was the lowest rate since December 2016 and well below the central bank's 2 percent target.

Europe's passenger car registrations declined in August on high base effect, data published by the European Automobile Manufacturers Association, or ACEA, showed Wednesday. Passenger car registrations contracted 8.4 percent on year, reversing a 1.4 percent rise in July. Registrations totaled around...

UK consumer spending continued to fall in August, Visa's UK consumer spending index, compiled by IHS Markit showed Wednesday. Spending dropped 1.3 percent year-on-year in August, following a 1.2 percent fall in July. Expenditure has fallen in each of the past 11 months. On a monthly basis, household...

preview-sept18.jpg Consumer and producer prices data from the UK is due on Wednesday, headlining a light day for the European economic news. At 3.00 am ET, average gross wages data from Poland is due. Economists forecast average gross wages to rise 6.8 percent annually in August after climbing 7.4 percent in July. In the meantime, Statistics Austria publishes August inflation figures.

eurozonegermanyflag-aug30_17sep19.jpg Germany's economic sentiment improved strongly and at a faster-than-expected pace in September, after a slump in August, but the economic outlook remains negative, results of a survey by the ZEW - Leibniz Centre for European Economic Research showed on Tuesday. The ZEW Indicator of Economic Sentiment for Germany climbed to -22.5 from -44.1 in August. Economists had expected a -38 reading.

Germany's economic sentiment improved strongly and at a faster-than-expected pace in September, after a slump in August, survey data from the think tank ZEW showed Tuesday. The ZEW investor confidence index climbed to -22.5 from -44.1 in August. Economists had expected a -38 reading. The score...

swiss-nov29_17sep19.jpg Switzerland's economic growth forecast for this year was slashed on Tuesday, as the country's exports and investment are being hurt by a slowing global economy and high uncertainty. The growth forecast for this year was cut to 0.8 percent from 1.2 percent predicted in June, the State Secretariat for Economic Affairs said in a report.

Sweden's jobless rate rose unexpectedly in August, figures from Statistics Sweden showed on Tuesday. The jobless rate rose to 7.1 percent in August from 6.9 percent in July. Economists had expected the rate to ease to 6.3 percent. The youth unemployment rate, which applies to the age group of...

The State Secretariat for Economic Affairs slashed the growth forecast for Switzerland's economy for this year on Tuesday, citing the adverse effect from the slowing global economy and high uncertainty. The growth forecast for this year was cut to 0.8 percent from 1.2 percent predicted in June. The...

preview-sept17.jpg Economic confidence from Germany is due on Tuesday, headlining a light day for the European economic news. At 3.30 am ET, Statistics Sweden is scheduled to issue unemployment data for August. The jobless rate is seen falling to 6.3 percent from 6.9 percent in July.

Czech producer price inflation remained stable in August, figures from the Czech Statistical Office showed on Monday. The producer price index rose 2.1 percent year-on-year in August, the same rate as seen in July. Economists had expected the rate to ease to 1.9 percent. Among the main components,...

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