Tag Eurozone

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Inflation in the Eurozone Rises by 7.5% in April

The European Union’s statistical office Eurostat reported that the consumer price index (CPI) for the eurozone rose to 7.5% in April 2022, the highest level since Eurostat was established. The data was compiled from 7.4% in March. This is in…

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Eurozone Manufacturing and Services PMI for March Declined

S&P Global reports that the Eurozone’s Purchasing Managers’ Index (PMI) for manufacturing and services fell to 54.9 in March from 55.5 in February, but above the initial reading of 54.5 for March. The PMI remains above 50, indicating that the…

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