Tag Eurozone

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Eurozone inflation hit 9.1% in August

According to the Statistical Office of the European Union (Eurostat), the consumer price index (CPI) for the euro zone rose to 9.1% in August, the highest level since Eurostat began collecting data in 1997 (February: 8.9%). The CPI also exceeded…

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Inflation in the euro zone at 8.9 percent in July

According to Eurostat, the European Statistical Office, inflation in the eurozone rose to 8.9% in July, up from 8.6% in June. Core inflation rose by 4.0%, also in line with expectations. In the European Union (EU), the annual inflation rate…

flags waving on old ornate city building on fine day

Eurozone economy grew at a slower pace in Q2/22

The European Statistical Office (Eurostat) reported that economic growth in the eurozone weakened slightly in the second quarter of 2022 compared with previous estimates, but remained strong. According to the report, the gross domestic product (GDP) of the eurozone, which…

flags waving on old ornate city building on fine day

Final Eurozone manufacturing PMI falls below 50 in July

The final manufacturing Purchasing Managers’ Index in the eurozone fell to 49.8 in July from 52.1 in June, according to S&P Global. The reading was still slightly higher than the preliminary manufacturing PMI of 49.6. The final manufacturing PMI in…

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Eurozone manufacturing PMI falls to 49.6 in July

S&P Global has announced that the eurozone manufacturing sector contracted more than expected in July. The manufacturing Purchasing Managers’ Index (PMI) fell to 49.6 in July from 52.1 in June, the lowest level in 25 months. The PMI index for…

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