Etiket: Eurozone
Eurozone: Retail sales fall surprisingly sharp
Eurozone retail sales fell more than expected in March. In a monthly comparison, they fell by 1.2 percent, as the European statistical office Eurostat announced on Friday in Luxembourg. Economists…
Eurozone: Trade balance almost balanced again
For the first time in more than a year, the trade balance of the euro zone was almost balanced again in February. Seasonally adjusted, there was still a deficit of…
Eurozone unemployment rate hit all-time low of 6.6 percent in February
LUXEMBOURG (Dow Jones)–Unemployment in the euro zone remained at record lows in February. As reported by the European statistics authority Eurostat, the unemployment rate remained at the revised level of…
Eurozone economic sentiment falls slightly in March
By Andreas Plecko FRANKFURT (Dow Jones)–The economic mood in the euro zone declined slightly in March. The composite index published by the European Commission for assessing economic development fell to…
Eurozone: Retail Sales Rise Slightly – Weak Online Retail
Shopping in Amsterdam. Image: FashionUnited Retail in the eurozone started the year with a slight increase in sales. In a monthly comparison, the industry’s revenues increased by 0.3 percent in…
Eurozone inflation slows to 9.2 percent: energy remains the main driver | Economy
Energy remains the main driver of inflation. This represents an annual inflation rate of 25.7 percent, compared to 34.9 percent in November. The prices of alcohol and tobacco rose by…
Lowest unemployment ever in eurozone due to tight labor market
Unemployment in the eurozone fell to an all-time low in October, helped by tight labor markets. According to the European statistics agency Eurostat, the unemployment rate that month was 6.5…
Eurozone inflation falls for first time in more than a year, but still 10 percent | Economy
For the first time in seventeen months, the increase in the cost of living is slowing down. But inflation, on the other hand, remains exceptionally high. Just like in recent…
ECB warns of increased risk of financial instability in eurozone: “Technical recession has become more likely” | Economy
The European Central Bank (ECB) sees increasing risks that could jeopardize financial stability in the eurozone. Inflation, higher interest rates and economic slowdown are affecting families, businesses, banks and governments.…
Belgium and the rest of the eurozone enter recession, European Commission expects | Economy
The European Union, the Eurozone and most Member States will enter recession during the last quarter of this year. That is what the European Commission expects, she wrote in its…