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Euro area annual inflation was 2.7% in June 2011, unchanged compared to May. A year earlier the rate was 1.5%. Monthly inflation was 0.0% in June 2011.
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The UK IPO market in 2011 is shaping up to be stronger than 2010, but may lose momentum entering the second half of the year, according to a new survey of UK transaction lawyers conducted by Merrill Corporation.
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In May 2011 compared with April 2011, seasonally adjusted industrial production grew by 0.1% in the euro area (EA17) and by 0.4% in the EU27. In April production rose by 0.2% and 0.1% respectively.
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Belgium has come out of the global financial crisis faster than the euro area as a whole, but high public debt and the need to anticipate the cost of its ageing population require urgent fiscal consolidation, according to the OECD’s latest Economic Survey of Belgium.
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The Conference Board Leading Economic Index® (LEI) for the U.K. increased 0.6 percent, and The Conference Board Coincident Economic Index® (CEI) remained unchanged in May.
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Austria should seize the opportunity provided by its robust, export-led recovery to strengthen reforms and reinforce domestic drivers of economic growth, according to a new OECD report.
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comScore, Inc., a leader in measuring the digital world, released an overview of Internet usage in Europe, showing 366.9 million unique visitors went online in May 2011 for an average of 26.8 hours per person. This study draws its data from comScore’s research panel, which measures Internet usage in 49 European markets aggregated under the European region and provides individual reporting on 18 markets. Among the reportable markets, the Netherlands, United Kingdom, and Turkey showed the highest average engagement with users from these markets spending an average of more than 30 hours online in the past month.
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In May 2011 the most significant MFI interest rates on new deposits remained basically unchanged. MFI interest rates on smaller loans to non-financial corporations and new loans to households increased, while MFI interest rates on new loans to non-financial corporations of amounts higher than EUR 1 million showed uneven developments. MFI interest rates on new loans to sole proprietors and unincorporated partnerships increased.
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In May 2011, compared with April 2011, the volume of retail trade fell by 1.1% in both the euro area (EA17) and the EU27. In April retail trade rose by 0.7% and by 0.9 respectively.
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In May 2011 compared with April 2011, the industrial producer price index fell by 0.2% in the euro area (EA17) and by 0.3% in the EU27. In April prices increased by 0.9% and 1.0% respectively. In May 2011 compared with May 2010, industrial producer prices gained 6.2% in the euro area and 7.1% in the EU27.
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