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After reporting a notable increase in U.S. retail sales in the previous month, the Commerce Department released a report on Friday showing that retail sales unexpectedly decreased in the month of March.

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Eurozone's industrial production increased at a faster-than-expected pace in February, supported by a marked gain in energy production, signaling that the currency bloc could be recovering gradually from the ongoing recession.

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Italy's core inflation based on the EU measure of consumer prices rose in March, final data released by the statistical office ISTAT showed Friday.

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Spanish core inflation remained unchanged even as headline inflation slowed, data released by the statistical office INE showed Friday.

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India's industrial production increased at a significantly slower rate in February, but defied economists' forecast for a contraction, putting pressure on the central bank to lower interest rates further as the economy is struggling to return to a high-growth trajectory, latest data showed Tuesday.

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Producer prices in the U.S. fell by more than expected in the month of March, according to a report released by the Labor Department on Friday, with the drop in prices largely due to a sharp decrease in energy prices. The Labor Department said its producer price index fell by 0.6 percent in March after rising by 0.7 percent in February.

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After reporting a notable increase in U.S. retail sales in the previous month, the Commerce Department released a report on Friday showing that retail sales unexpectedly decreased in the month of March. The Commerce Department said retail sales fell by 0.4 percent in March after surging up by a revised 1.0 percent in February. Economists had expected retail sales to come in unchanged.

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Business inventories in the U.S. increased by less than expected in the month of February, according to a report released by the Commerce Department on Friday, although the report also showed a sharp increase in business sales. The report showed that business inventories inched up by 0.1 percent in February following a revised 0.9 percent increase in January.

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Consumer sentiment in the U.S. unexpectedly showed a significant deterioration in the month of April, according to a report released by Reuters and the University of Michigan on Friday. The report showed that the preliminary reading on the consumer sentiment index for April came in at 72.3 compared to the final March reading of 78.6.

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The average asking price for a house in the United Kingdom was up 0.4 percent on year in April, property tracking website Rightmove said on Monday - slowing from the 1.4 percent increase in March.

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