Browsing: Eurozone

Growth in euro zone business activity stalled as expansion in the bloc’s dominant services industry was compounded by a deeper downturn

The eurozone’s annual rate of inflation cooled in June in line with analysts’ expectations thanks to a slowdown in food and energy price rises, official data showed on Tuesday.

For 2025, it predicted gross domestic product (GDP) in the eurozone’s third-largest economy would increase by 1.2 percent, compared to a previous forecast of 1.4 percent

HCOB’s composite Purchasing Managers’ Index for the currency union, compiled by S&P Global and seen as a good gauge of overall economic health, climbed to 50.3 in March from February’s 49.2, improving on a preliminary 49.9 estimate

Manufacturing activity across the 20 countries that use the euro has continued to decline, largely due to a slowdown in the area’s leading economy Germany, according to a study by S&P Global.

Euro zone inflation dipped further this month, strengthening the case for the European Central Bank to start easing interest rates from record highs later this year, data from some of the euro zone’s biggest economies showed on Thursday.

The Purchasing Managers’ Index has been in decline for seven consecutive months

Most analysts polled by the newspaper believe the single currency bloc is already in a recession

Output in the euro area has been shrinking for four consecutive months The Eurozone’s economy shrank in the third quarter,…

Consumer prices in the 20-nation single currency bloc rose by an annual rate of 4.3 percent, Eurostat data showed, the…