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Euro Zone Inflation Unexpectedly Slows To 2.4% In March, With Core Print Also Below Forecast

Wednesday, 3 April 2024 22:59 WIB | Root

Inflation in the 20-nation euro zone eased to 2.4% in March, according to flash figures published on Wednesday. Economists polled by Reuters had expected the rate to hold steady against the previous month at 2.6%. The core rate, excluding energy, food, alcohol and tobacco cooled from 3.1% to...

Euro Zone Inflation Eases As Expected, But Core Figures Disappoint

Friday, 2 February 2024 00:22 WIB | Root

Euro zone headline inflation eased slightly in January, flash figures published by the European Union’s statistics agency showed on Thursday, while core figures declined less than expected. Annual headline price rises came in at 2.8%, in line with a forecast of economists polled by Reuters....

Euro Zone Economy Shows Resilience As Second-Quarter GDP Beats Expectations And Inflation Slips

Monday, 31 July 2023 22:58 WIB | Root

Euro zone inflation fell in July, and new growth figures showed economic activity picking up in the second quarter of this year bringing some positive news to the region. Headline inflation in the euro area was 5.3% in July, according to preliminary data released Monday, lower than the 5.5%...

Euro Zone Inflation Falls Again In June As Energy Prices Tumble

Friday, 30 June 2023 23:34 WIB | Root

Inflation in the euro zone fell for a third straight month in June as the cost of fuel tumbled and increases in food prices slowed, a preliminary reading showed on Friday. The data, which showed only the smallest drop in underlying inflation, was unlikely to sway the European Central Bank, which...

Euro Zone Business Growth Stalls in June -Flash PMI

Friday, 23 June 2023 22:15 WIB | Root

Euro zone business growth virtually stalled this month as the downturn in manufacturing deepened while activity in the bloc's dominant services industry barely expanded, a survey showed on Friday. HCOB's flash Composite Purchasing Managers' Index (PMI) for the bloc, compiled by S&P Global and...

Euro Zone Inflation Drops More Than Expected In Relief For ECB

Thursday, 1 June 2023 22:54 WIB | Root

Euro zone inflation eased more than expected last month as underlying price growth also slowed, backing arguments for only cautious further rate hikes as the fastest ever European Central Bank monetary tightening cycle starts to take effect. Inflation in the 20 nations sharing the euro eased to...

Euro Zone Business Growth Solid in May But Shows Signs of Easing -Flash PMI

Tuesday, 23 May 2023 22:32 WIB | Root

Euro zone business growth remained resilient but slowed slightly more than thought this month as the bloc's dominant services industry lost a little of its shine and the downturn in the manufacturing sector deepened, a survey showed on Tuesday. HCOB's flash Composite Purchasing Managers' Index...

Euro Zone Inflation Soars Past Forecasts To New Record High

Monday, 31 October 2022 23:59 WIB | Root

Euro zone inflation surged past expectations yet again this month to hit a record high, pointing to further interest rate hikes from the European Central Bank as price pressures appear to be broadening. Consumer price growth in the 19 countries sharing the euro accelerated to 10.7% in October...

Euro Zone Credit Growth Rises Again, Despite Gloomy Outlook

Wednesday, 26 October 2022 23:00 WIB | Root

Bank lending to euro zone companies accelerated further in September, extending the sector's biggest borrowing binge in over a decade, despite rising interest rates and a looming recession, European Central Bank data showed on Wednesday. Lending to businesses in the 19-country euro area expanded...