Tag: Eurozone
Eurozone, PMI indices: the collapse of manufacturing slows slightly in October
(Finance) – The contraction in euro area manufacturing continues in the fourth quarterwith October production volumes declining for the nineteenth consecutive month. Production was constrained by yet another sharp decline…
Eurozone, ECB: loans to families and businesses accelerate
(Finance) – The M3 money supply in the Eurozone increased in September. There annualized change in the M3 aggregatesurveyed monthly by European Central Bank (ECB)in fact stood at +3.2%, after…
Eurozone, PMI indices: economic activity slightly down for the second consecutive month
(Finance) – Forecast data from the October PMI survey show Eurozone economic activity slightly declining for the second consecutive monthand indicate a marginal decline overall in line with that of…
Eurozone, August unemployment rate stable at 6.4%
(Finance) – Unemployment in the Eurozone was stable in the month of August. According to theInstitute for Statistics of the European Union (EUROSTAT), the seasonally adjusted unemployment rate remained at…
Ireland posts budget surplus of over €8bn for third consecutive year
For the third consecutive year, Ireland has generated a budget surplus of more than 8 billion euros, almost 2% of GDP. The country stands out from other Eurozone countries that…
Eurozone, modest recovery in retail sales in July
(Finance) – Modest growth for retail sales in the Eurozone in July. According to Eurostat, sales rose by 0.1% on a monthly basis, in line with the consensus, recovering the…
Eurozone inflation slows to 2.2% in August
(Telestock) – Eurozone inflation to slow in August 2024. This is what emerges from preliminary data from the European Statistical Office (EUROSTAT), which published its flash inflation estimate this morning.…
Eurozone Consumer Confidence Worsens in August
(Finance) – Signs of a slight worsening for the European consumer confidence to August. The flash estimate of the latest monthly survey, conducted by the Directorate-General for Economic and Financial…
Eurozone manufacturing limps and services recovery won’t last long
(Telestock) – Manufacturing in Europe continues to sufferconfirming itself as the weak link in the economy, while the tertiary sector acceleratesThis is what emerges from the data PMI Preliminary on…
Eurozone, trade surplus grows in June
(Finance) – The surplus of the trade balance of the Eurozone in June, recording a surplus of 22.3 billion euros, compared to the surplus of 13.9 billion in May and…