British retail sales posted their biggest quarterly fall in seven years in Q1 2017, as rising prices since the Brexit vote pressured consumers.
Inflation in Britain was unchanged last month, but was still up 2.3 percent compared to a year ago. Retail sales dipped in March
February was a good month for fashion as Europeans bought clothers by the bundle boosting the overall retail sales figures beyond expectations.
British inflation shot past the Bank of England's 2.0 percent target last month, presenting the central bank with a dilemma over interest rates.
The UK unemployment rate has fallen again, but a record number are on zero-hours contracts, and wage growth was weak even as inflation jumped.
For the first time in almost a decade, all of Europe’s economies are set to grow.
Lucrezia Reichlin, Professor of Economics, London Business School: The countries that are part of the Euro Area – I think that definitely the European Central Bank should keep on providing the stimulu
Lucrezia Reichlin, Professor of Economics, London Business School: Well I think if we look at the US, the uncertainty is obviously the Trump factor.
Anne-Sophie Panseri, CEO, Maviflex: I’ll be optimistic because the development of my company is involved, and it is a major issue for us, but I think that Europe needs to rethink its…
Federal Reserve policymakers have started a two-day meeting which is almost certain to produce an increase in the cost of borrowing in the US.
Eurozone inflation surged to its highest in four years in February which will put the European Central Bank under pressure to scale back stimulus.
Spanish inflation hit 3 percent in February compared to the same month in 2016. The government said that was temporary and energy costs will decline.
Eurozone economic growth in the final three months of last year was not as good as initially thought - 0.4% rather than the initial 0.5% estimate.
European Central Bank head Mario Draghi has called the US administration's idea of relaxing bank rules "very worrisome".
There was a strong start to 2017 for factory activity in the eurozone as surveys showed it increased at the fastest rate in nearly six years.
Inflation in Britain rose strongly in December as the Brexit vote caused the pound to weaken pushing up the cost of imported raw materials.
Business Line looks at the great expectations for 2017 with the eurozone economy maybe showing some signs of recovery after years of malaise.
Several economists have admitted they were mistaken to predict the UK economy would immediately suffer after the vote to leave the EU.
Economic sentiment in the eurozone was much better than expected in December while German industrial orders pointed to a busy final quarter.
This is the Brief from Brussels, a roundup of the top stories from Europe’s political capital.
Inflation in Germany jumped in December - up 1.7% on the year - due to costlier energy and food while unemployment there fell more than expected.
Lower energy prices cut eurozone inflation in November. Items that were more expensive included meals in restaurants and cafes, rents and cigarettes.
British consumer prices were 1.2 percent higher in November than a year earlier, pushed up by more expensive clothing and technology goods.
Talks between the Venezuelan government and a coalition of opposition parties have reached a stalemate which facilitators from the Vatican are hoping to break.
Monthly Eurostat figures showed consumers stocked up on non-food products, such as clothing and electrical goods.