eurozone

The Latest

  • Eurozone Inflation Dips to 2.6% Amid Core Price Stickiness
    European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    Inflation in the Eurozone showed signs of easing in February, descending to 2.6%, yet the persistence of core prices above expectations underscores the ongoing challenge facing the European Central Bank (ECB). Despite a general anticipation of a headline reading at 2.5%, both the headline and core inflation figures surpassed economists' forecasts, according to flash data released on Friday.
  • Eurozone GDP Growth Threatened by Downturn Risks Amid Recession Fears
    EU
    The eurozone saw further contraction in its service sector in October, while manufacturing continued to slow down. Data released on November 6 confirmed that the final value of the Hamburg Commercial Bank's Composite Purchasing Managers' Index (HCOB PMI) for October was 46.5, down from 47.2 in September. This acceleration in the contraction of private sector activity in the eurozone suggests that there are downward risks to GDP growth.
  • Eurozone PPI Drops for Seventh Consecutive Month: A Breather for the ECB?
    European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    Benefiting from declining prices in intermediate products like steel and lumber, the Eurozone's Producer Price Index (PPI) for July decreased by 0.5% month-on-month and 7.6% year-on-year, both in line with expectations.
  • Eurozone Escapes Recession? Q2 GDP Grows Beyond Expectations at 0.3%
    European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    The Eurozone witnessed an economic uptick in the second quarter of the year, fueled by the decline in energy prices which provided relief for household budgets.
  • A Silver Lining in the Cloud? Eurozone Stocks and Bonds Rally Amidst Euro Decline
    European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    Just a few days before the European Central Bank (ECB) prepares for its ninth interest rate hike, newly released economic data suggests that the eurozone economy is facing a risk of recession. However, this bad news for the economy has strengthened expectations that the ECB will end its rate hikes, leading to a surge in both European stocks and bonds.
  • Eurozone, in Recession!
    European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    Due to the stubbornly high prices of energy and food, household spending has drastically slowed, and the Eurozone economy fell into a recession at the beginning of this year.
  • Eurozone Inflation Surges to 7%, but Core Inflation Eases to 5.6% in April: Is ECB Rate Hike Set to Halve?
    Still talking
    While overall inflation in the Eurozone accelerated in April, core inflation unexpectedly slowed, raising expectations for a more modest 25 basis point interest rate hike by the European Central Bank (ECB) this week.
  • Eurozone Struggles with Stagflation: Q1 GDP Growth Falls Short, Germany Lags, French Harmonized CPI Rises to 6.9%
    European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    Eurozone's Q1 GDP growth, seasonally adjusted, fell to a record low of 1.3%, marking its fourth consecutive quarterly decline, lower than the expected 1.4% and previous value of 1.8%. The quarter-on-quarter growth rate stood at a meager 0.1%, weighed down by the lingering effects of the energy crisis, high inflation, and banking crisis.
  • Eurozone Posts Improvement In Economic Growth
    European Union flags fly outside the European Commission headquarters in Brussels, Belgium.
    The composite PMI for the eurozone in March shows a return to growth for the first time since July.
  • EU, Eurozone Expected To Return To Growth In 2021, 2022 Despite COVID-19
    EU flags
    European Union nations heavily hit by the COVID-19 pandemic should rebound in the next two years.
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