Recent economic data from Canada, France, Italy, Germany, and the Eurozone reveal mixed trends in inflation, retail sales, industrial production, and trade balances. In Canada, core retail sales fell by 0.3% month-over-month in June, while retail sales rose 0.3%, slightly below forecasts. The Canadian Producer Price Index (PPI) declined 0.5% month-over-month with a year-over-year increase of 1.2%. Consumer Price Index (CPI) data showed a 0.6% month-over-month increase, surpassing expectations, with core CPI up 0.2%. In France, preliminary June Harmonized Index of Consumer Prices (HICP) rose 0.8% year-over-year, exceeding forecasts, while industrial production in May declined 0.5% month-over-month and 0.9% year-over-year. Italy reported a 0.2% month-over-month increase in preliminary HICP for June and a 1.7% year-over-year rise, with retail sales down 0.4% month-over-month in May but up 1.3% year-over-year. Germany's June CPI was flat month-over-month and rose 2.0% year-over-year, slightly below estimates. Regional CPI variations in Germany showed year-over-year increases ranging from 1.8% in Bavaria and North Rhine-Westphalia to 2.4% in Saxony. German industrial production rebounded strongly in May, rising 1.2% month-over-month and 1.0% year-over-year, beating expectations. The German trade surplus widened to €18.4 billion in May from €15.7 billion in April, driven by a 1.4% decline in exports and a sharper 3.8% drop in imports, with China being the largest source of imports. Eurozone retail sales fell 0.7% month-over-month in May, slightly worse than expected, though year-over-year sales increased 1.8%. Dutch consumer spending rose 1.1% month-over-month in June, with CPI steady at 3.1% year-over-year. France's trade deficit narrowed slightly to €7.77 billion in May from €7.97 billion the previous month. Overall, the data indicate uneven economic performance across key European economies and Canada, with inflation pressures persisting amid varied industrial and retail activity.