Renju Jaya

Corrects headline and intro France's producer prices declined in April after a rebound in March, the statistical office INSEE said Thursday. Producer prices declined 2.

Germany's import prices increased at the fastest pace since early 2023 in April due to the sharp increases in energy and intermediate goods prices amid the war in the Middle East, data from Destatis showed on Friday.

The French economy contracted unexpectedly in the first quarter due to the fall in exports and investment and consumer price inflation accelerated to the highest level in more than two years in May driven by the increase in energy prices, official data showed Friday.

Germany's inflation unexpectedly softened in May largely reflecting the slowdown in energy price growth, preliminary data from Destatis showed Friday. Consumer price inflation weakened to 2.

UK house prices declined for the first time this year amid high uncertainty over the developments in the Middle East and its impact on inflation and market interest rates, data from Nationwide Building Society showed Monday.

The euro area unemployment rate remained unchanged in April, data from Eurostat revealed Monday. The jobless rate stood at 6.3 percent, unchanged from March as well as with April 2025.

The upturn in the euro area manufacturing sector lost momentum in May amid rising prices and supply disruptions due to the war in the Middle East, final survey results from S&P Global showed Monday.

Flash inflation from the euro area and mortgage approvals from the UK are the top economic news due on Tuesday. At 3.00 am ET, Spain's labor agency is scheduled to publish unemployment data for May.

Ireland's manufacturing activity grew at the strongest pace in four years in May, survey results published by S&P Global showed Tuesday. The AIB manufacturing Purchasing Managers' Index rose to 55.

Euro area inflation accelerated to the highest since 2023 in May as the Middle East conflict continue to push energy prices higher and the rising price pressures strengthened the chances of an interest rate hike from the European Central Bank next week.