The downturn in eurozone business exercise picked up tempo final month as demand within the dominant companies trade weakened additional, a survey revealed on Monday,
Tag: eurozone economy
Fitch hikes 2023 growth forecast for Turkish economy
Fitch Ratings has raised its progress forecast for Türkiye for this 12 months and has revised its international financial progress forecast from 2.4% to 2.5%
Eurozone economic growth slows to 5-month low in June
Eurozone financial exercise worsened in June to a five-month low, hit laborious by a fall in industrial manufacturing, a keenly watched survey confirmed on Friday.
ECB raises rates to 22-year high even as economy stutters
The European Central Bank (ECB) raised borrowing prices to their highest degree in 22 years on Thursday and left the door open to extra hikes,
Europe’s economy barely grows as inflation pinches consumers
The European economic system scraped out meager development within the first three months of the yr, barely gaining momentum as cussed inflation hikes the value
Eurozone inflation marginally higher in Jan., core also lifted
Eurostat stated on Thursday that eurozone inflation was solely a contact larger in January than earlier estimated, confirming that worth progress is now effectively previous
Eurozone economy unexpectedly grows in Q4 but weak 2023 looms
The eurozone eked out development within the closing three months of 2022, managing to keep away from a recession whilst sky-high power prices, waning confidence
2023 economy will be ‘a lot better than feared’: ECB’s Lagarde
The eurozone financial system will fare “a lot better” this 12 months than initially feared, European Central Bank (ECB) chief Christine Lagarde stated Thursday, as
Eurozone industrial production falls on weak demand
Eurozone industrial manufacturing declined for the primary time in three months in October, with virtually all sectors contracting as financial uncertainty and better producer costs