German ZEW economic sentiment declines for the first time in nine months
European Market Update: European data shows a mixed bag. German ZEW economic sentiment declines for the first time in nine months, Euro-Zone industrial production rises for the first time since last August; UK inflation falls below 2% target ECONOMIC DATA - (CZ) Czech May Retail Sales Y/Y: -7.5% v -1.5%e - (HU) Hungarian June CPI M/M: 0.1% v 0.2%e; Y/Y: 3.7% v 4.1%e - (CZ) Czech May Current Account Monthly (CZK): -11.7BB v -3.2Be - (UK) May DCLG UK House Prices Y/Y:-12.5% v -12.6%e - (UK) June
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