Tag "eurózóna"

In the euro zone, inflation accelerated to 2.9 percent in December

Annual inflation in the euro zone accelerated to 2.9 percent in December from 2.4 percent in November, which was the lowest since June 2021, the EU’s statistical office, Eurostat, announced...

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Eurozone GDP fell in the third quarter

In line with the first estimate, the GDP of the Eurozone decreased in the third quarter in a quarter-on-quarter comparison, while that of the EU stagnated instead of the previously...

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Consumer sentiment worsened in August in the Eurozone and the EU as well

In August, instead of the expected improvement, consumer sentiment in the Eurozone worsened, according to Wednesday’s report based on preliminary data from the European Commission’s Directorate-General for Economic and Financial...

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The economic performance of the Eurozone decreased in July

The economic performance of the Eurozone decreased more than analysts expected in July, according to the preliminary values of the Purchasing Managers’ Index (BMI) presented on Monday by the S&P...

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Economic activity in the euro area picked up more than expected

The economic performance of the euro area improved to a greater extent than expected in March, but this can be attributed almost exclusively to business activity in the service industry,...

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Inflation eased, but food prices still rose the most in the euro area

Inflation slowed down in the euro zone in February, the statistical office of the European Union announced on Friday. According to Eurostat’s final data, annual inflation in the euro area...

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Eurozone GDP stagnated in the fourth quarter

The gross domestic product stagnated in the fourth quarter of the euro area compared to the previous quarter, the statistical office of the European Union, Eurostat, announced on Wednesday. According...

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In February, German and Eurozone economic sentiment improved more than expected

By February, the economic sentiment index of the ZEW economic research institute in Germany and the euro area rose unexpectedly to a twelve-month high. ZEW’s economic sentiment index (ESI), looking...

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In February, consumer sentiment in the euro area reached a one-year high

As expected, consumer sentiment in the euro zone improved to a 12-month high in February, according to Monday’s report based on preliminary data from the European Commission’s Directorate-General for Economic...

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In the fourth quarter, the GDP of the Eurozone rose against expectations

In the fourth quarter of 2022, seasonally adjusted GDP increased by 0.1% in the euro area and remained stable in the EU, compared with the previous quarter, according to a...

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Another difficult year is expected in German retail

After last year’s decline, retail sales in Germany may further decrease in real terms this year, according to the forecast published on Tuesday by the industry’s leading advocacy group. According...

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Despite rising food prices, the German economy “held up well”

According to the first estimate of the German statistical office, the German economy grew slightly more than experts expected last year mainly due to the positive consequences of the catch-up...

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From Sunday, you can only pay in euros in Croatia

Croatia joined the Eurozone on January 1st, and after the two-week transition period, payments can only be made in euros in the country from Sunday, wrote the Croatian daily Vecernji...

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Consumer sentiment in the euro area improved in December

Although less than expected, consumer sentiment improved in December in the euro area and the European Union based on the results of the survey published on Tuesday by the European...

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The highest annual inflation – 23.1 percent – was in Hungary

In November, inflation in the EU and the euro area also decreased compared to the previous month. In the EU, the highest annual inflation rate was measured in Hungary, the...

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Eurostat: Euro area annual inflation down to 10.0%

Euro area annual inflation is expected to be 10.0% in November 2022, down from 10.6% in October according to a flash estimate from Eurostat, the statistical office of the European...

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In the euro zone, core inflation accelerated from 4.8 percent to 5 percent in October

Annual inflation in the Eurozone accelerated to a record level of 10.6 percent in October from 9.9 percent in September, while the consumer price increase in the EU as a...

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Croatian retail getting ready for the euro

In preparation for the adoption of the euro as of 1 January 2023, all retailers and service providers are obliged to indicate prices in both kuna and euro from 5...

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Euro Zone Inflation Confirmed At 9.1% As Energy, Food Prices Surge

Euro zone inflation hit another record high of 9.1% in August, EU statistics office Eurostat confirmed on Friday, driven by sharply higher energy and food prices, and was likely headed...

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Euro Zone Inflation Hits Yet Another Record High In August

Euro zone inflation rose to another record high this month, beating expectations and solidifying the case for further big European Central Bank rate hikes even before pries peak near the turn...

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The IMF forecast is out: GDP growth could be 2.5% this year and 1.4% next year

The International Monetary Fund revised its global growth forecast slightly downwards in a recent publication. The latest edition of the World Economic Outlook shows that the IMF does not expect...

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The ECB raised the benchmark euro interest rate by 50 basis points

The Governing Council of the European Central Bank (ECB) decided on Thursday to raise all three key interest rates by 50 basis points and approved the new transmission protection instrument...

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The euro area’s foreign trade deficit decreased in May

The negative balance of the foreign trade balance of the eurozone (in trade with countries outside the eurozone) was 26.3 billion euros in May, smaller than the record deficit of...

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(HU) Már most durva az infláció, a helyzet tovább romlik

Sorry, this entry is only available in Hungarian....

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Retail sales in the euro area grew less than expected in January on a monthly and annual basis

In the euro area, retail sales rose less than analysts expected in January on a monthly and annual basis. The European Union’s statistical office, Eurostat, said on Friday that retail...

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Euro area’s foreign trade surplus increased slightly

In September, the euro area had a larger-than-expected trade surplus from the previous month, according to a report by the European Union’s statistical office, Eurostat, on Monday. However, the surplus...

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Retail sales in the euro area were weak in September

Retail sales in the euro area were weaker than expected in September compared with the previous month, as Germany, the region’s largest economy, underperformed and consumers restrained their spending on...

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German investor sentiment is at a nine-month low

In August, for the third month in a row, the German investor sentiment index of the ZEW Economic Research Institute deteriorated and fell to a nine-month low with an unexpectedly...

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Retail sales in the euro area grew steadily in June

Retail sales in the euro area increased steadily in June, broadly in line with expectations. The European Union’s statistical office (Eurostat) said on Wednesday that seasonally adjusted data show that...

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Consumer confidence deteriorated in July in the eurozone and the EU

Consumer confidence in the eurozone and the European Union deteriorated in July, according to a preliminary flash estimate released by the European Commission on Thursday. In the eurozone, the consumer...

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