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Europe Economy Archive: 
EU Retail Sales Fall 0.5% in February
Apr 03, 9:51 AM EDT
The non food sector fell by 0.4% in the euro area, but grew by 2.4% in the EU27.
In February 2008, compared with January 2008, the volume of retail trade fell by 0.5% in the euro area EA15, but grew by 0.3% in the EU27. In January retail trade rose by 0.5% and 0.6% respectively.
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EU Producer Price Index Rises 0.6% in February
Apr 02, 12:49 PM EDT
Prices in the energy sector increased by 1.1% and 0.7% respectively.
In February 2008 compared with January 2008, the industrial producer price index rose by 0.6% in the euro area EA15 and by 0.5% in the EU27. In January3 prices increased by 0.9% and 1.1% respectively.In February 2008 compared with February 2007, industrial producer prices gained 5.3% in the euro area and 6.1% in the EU27.
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EU Jobless Rate Remains Stable At 7.1%
Apr 01, 11:41 AM EDT
The EU27 unemployment rate was 6.7% in February 2008, compared with 6.8% in January.
The euro area EA15 seasonally-adjusted unemployment rate stood at 7.1% in February 2008, unchanged compared with January. It was 7.6% in February 2007. It was 7.4% in February 2007.
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German Wholesale Sales Fall 1.1% in February
Mar 31, 1:57 PM EDT
Compared with the previous year, turnover in wholesale trade increased 12.4% in nominal terms and 7.1% in real terms in the first two months of 2008.
According to provisional results of the Federal Statistical Office the turnover achieved by wholesale trade in Germany in February 2008 increased 12.5% in nominal terms and 7.5% in real terms compared with the corresponding month of the previous year.
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French Producer Prices Advance in February
Mar 31, 1:27 PM EDT
In February, industrial import prices slightly increased +0.2% after +0.4% in January. Over the last year, they went up by 4.5%.
In February, total French industrial producer prices increased by 0.4% after +0.6% in January and +0.1% in December. Over the last year, prices went up by 4.9%.
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Euro Area Inflation Hits 3.5% in March
Mar 31, 9:22 AM EDT
It was 3.3% in February.
Euro area annual inflation is expected to be 3.5% in March 2008 according to a flash estimate issued by Eurostat, the Statistical Office of the European Communities.
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UK Services Output Rises 0.6% in January
Mar 31, 9:20 AM EDT
Distribution remained unchanged in the three months to January. Increases in retail and wholesale were offset by a fall in the motor trades.
Services output between December and January increased by 0.6%. All five components increased in output. The most significant increase was in distribution. Business services and finance output rose by 0.7% in the three months to January. The most significant increase was in other business services which includes legal services and industrial cleaning.
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French Consumer Confidence Declines in March
Mar 28, 1:13 PM EDT
Households’ opinions about future unemployment worsened slightly in March.
In March 2008, the seasonally adjusted summary indicator of consumer confidence declined by one point.Households were more optimistic about future living standards in France, but more pessimistic on its past. The balance on the timeliness of making major purchases kept on decreasing. More households thought that their personal financial situation worsened in the last twelve months, while their opinion on its future hardly moved.
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German CPI Rises 0.5%
Mar 28, 12:56 PM EDT
The high year-on-year rate of price increase is influenced by price rises for food and non-alcoholic beverages as well as for mineral oil products.
As reported by the Federal Statistical Office , the consumer price index for Germany in March 2008 is expected to rise by 3.1% on March 2007 according to results available from six Länder February 2008: +2.8%. Compared with the previous month, the index is up 0.5%.
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German Import Prices Advance 1.1% in February
Mar 28, 12:48 PM EDT
The index of import prices, excluding crude oil and mineral oil products, was 1.6% above the level of February 2007.
As reported by the Federal Statistical Office (Destatis), in February 2008, the index of import prices increased by 5.9% from the corresponding month of the preceding year. This was the highest year-on-year rate of price increase since July 2006 (+6.3%). In January 2008 and in December 2007 the annual rates of change were +5.2% and +3.7%, respectively.
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