Tag: Eurozone

Euro zone business activity unexpectedly grew at a faster pace in October as companies received new orders at the quickest rate in 2-1/2 years, suggesting the bloc’s economy gained momentum at the start of the final quarter, a survey showed on Friday.

The euro zone economy eked out 0.2% growth in the third quarter, just beating expectations, according to flash data from Eurostat on Thursday.

Στο 1,8% διαμορφώθηκε ο πληθωρισμός στην Ελλάδα κατά τον Σεπτέμβριο (από 3,1% τον Αύγουστο), ενώ το 2,2% άγγιξε στην ευρωζώνη (από 2% τον Αύγουστο).

Inflation accelerated in the euro zone’s biggest economies this month, suggesting that overall price growth also ticked up across the 20 nation bloc, further easing pressure on the ECB to lower borrowing costs.

Euro zone inflation edged up a touch in August, staying close to the ECB’s 2% target and likely firming up market bets that interest rates will remain unchanged in the near term, even if the rate cut debate could still simmer.

Euro zone manufacturing activity expanded in August for the first time since mid-2022 due to a surge in domestic demand and output, raising optimism around future production, a survey showed.

EU officials are accelerating plans for a digital euro, according to people involved in the discussions, after a new US stablecoin law deepened worries about the competitiveness of a European digital currency.

Euro zone businesses saw new orders increase in August for the first time since May 2024, helping overall activity expand at the fastest pace in 15 months despite persistent weakness in exports, a survey said on Thursday.

Business activity in the euro zone grew at a slightly faster pace in July than in June but remained sluggish as demand dipped, a survey showed on Tuesday.

Στο 3,7% διαμορφώθηκε ο πληθωρισμός στη χώρα μας τον Ιούλιο, από 3,6% τον Ιούνιο, σύμφωνα με προκαταρκτική εκτίμηση της Eurostat. Ενώ ο δείκτης τιμών καταναλωτή διαμορφώθηκε στο 2% όπως και τον προηγούμενο μήνα, συνεχίζοντας να κινείται στο εύρος του στόχου της Ευρωπαϊκής Κεντρικής Τράπεζας (ΕΚΤ).

Euro zone inflation was unchanged at a higher-than-expected 2% in July, flash data from statistics agency Eurostat showed Friday.

The euro zone economy eked out a better-than-expected 0.1% growth in the second quarter, compared to the previous three-month stretch, flash data from Eurostat showed Wednesday.

Growth in the euro zone’s dominant services industry resumed in June after a brief contraction in May, though the pace remained marginal as demand remained weak despite improving business confidence, a survey showed on Thursday.

Eurozone inflation hit 2 per cent in June, rising back up to the European Central Bank’s medium-term target.

Bulgaria on Wednesday secured the green light to join the euro zone, meaning the bloc could soon grow from 20 to 21 members.

Euro zone inflation eased below the European Central Bank’s target last month on surprisingly benign services costs, underpinning expectations for further policy easing even as global trade tensions fuel longer-term price pressures.

The euro zone economy is still just limping along and a raft of surveys published on Thursday point to only lukewarm optimism among firms as services, the bloc’s engine in the past, also appear surprisingly weak.

The euro zone economy grew slower in the first quarter than initially estimated but employment held up well, indicating that the bloc keeps creating jobs despite years of anaemic expansion, data from Eurostat showed on Thursday.

European Union leaders urged a calm response to U.S. President Donald Trump’s tariffs that have battered global markets, days after a more bellicose China pulled the trigger on retaliation.

French President Emmanuel Macron called on Thursday for European companies to suspend planned investment in the United States after U.S. President Donald Trump announced sweeping global tariffs on American imports.