EUR News

A leading economic indicator for the German economy fell at a faster rate in August, a report from the Conference Board showed Wednesday.

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Germany's producer prices decreased at a faster rate as expected in September, data from Destatis showed Monday.

Producer prices fell 1 percent year-over-year in September following the 0.8 percent decrease in August. This was in line with the consensus estimate.

Energy prices fell the most, by 3.8 percent. Prices of intermediate goods decreased by 0.3 percent in September.

Meanwhile, prices of commodities increased 1.3 percent. Prices of capital goods rose 0.6 percent while prices of consumer goods remained unchanged.

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Eurozone's consumer confidence improved unexpectedly in October after weakening in the previous four months, preliminary data from the European Commission showed Thursday.

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Germany's import prices continued to decline in September, data from Destatis showed Tuesday.

Import prices slid 1.6 percent year-on-year in September, which was slower than the 1.9 percent decrease seen in August. The index has declined in each consecutive month since January 2013.

Nonetheless, the annual rate of decline was slower than a 1.9 percent decrease forecast by economists.

Excluding crude oil and mineral oil products, the import price index was 0.6 percent below the level of a year earlier.

Month-on-month, import prices gained 0.3 percent, confounding expectations of a 0.1 percent drop. In August, import prices slid 0.1 percent.

At the same time, export prices advanced 0.1 percent from a year ago, offsetting a 0.1 percent fall in August. On a monthly basis, export prices were up 0.2 percent after staying flat in August.


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Germany's EU measure of inflation unexpectedly slowed in October after holding steady in the previous two months, preliminary estimates from Destatis showed Thursday.

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Eurozone inflation rose slightly in October but it remained consistently below 1 percent, signifying the risk of deflation in the currency bloc. At the same time, the unemployment rate held steady at an elevated level in September. Inflation rose marginally to 0.4 percent in October from 0.3 percent in September, flash data from Eurostat showed Friday.

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The Eurozone private sector expanded slightly less than initially estimated in October, final data from Markit Economics showed Wednesday.

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Germany's retail industry association, the HDE, on Tuesday raised the sales forecast for this year and predicted an increase in the sales during the Christmas season compared to last year.

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Germany's economy stabilized in the third quarter, after a contraction in the three months to June, the country's Economy Ministry said in its monthly report on Wednesday, citing available indicators.

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Spain's harmonised index of consumer prices, or HICP, declined as initially estimated in October, final data from the statistical office INE showed Thursday.

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