Tag Archives: Eurozone

A report by the Federation of Financial Markets in Europe said that the volume of trading in European government bonds increased to the highest level in five years in 2020. Added that the average annual trading volume increased 0.9% year-on-year to 71.7 billion euros last year, the highest since 2015. …

Inflation in the euro area, as measured by the Consumer Price Index (CPI), stayed unchanged at 0.2% and 0.9% on a monthly and yearly basis, respectively, in February as expected. Further details of the report published by Eurostat revealed that the annual Core CPI, which excludes volatile food and energy …

The Organization for Economic Cooperation and Development (OECD) expects the global economy will expand by 5.6% in 2021, raising its forecast for growth compared with an estimated rate of 4.2% in the previous report. The OECD report issued on Tuesday noted that recovery from the Coronavirus impact this year will …

The data published by Eurostat showed on Thursday that Retail Sales in the euro area contracted by 5.9% on a monthly basis in January. This reading followed December’s increase of 1.8% and fell short of the market expectation for a decline of 1.1%. On a yearly basis, Retail Sales fell …

According to Eurostat’s initial reading of the Eurozone CPI report for February, European Consumer Price Index (CPI) came in steady at 0.9%. This annual reading is missing the estimation of 1%. The core reading rose by 1.1% annually in same period when compared to the estimated reading of 1.1% and …

According to Eurostat’s final reading of the Eurozone CPI report for January, the consumer prices came in at 0.9% YoY, meeting the expectation. While the core figures rose by 1.4% vs +1.4% last and +1.4% expected. On a monthly basis, the bloc’s CPI figure for December accelerated by 0.2% versus …

European Central Bank data showed that the eurozone’s current account surplus widened in December due to a higher trade surplus and a larger contraction of the secondary income deficit, which includes outflows such as remittances and taxes. The 19-nation bloc, which deals in euros, recorded a current account surplus of …

The Eurozone manufacturing sector activity improved more-than-expected this month, the latest manufacturing activity survey from IHS/Markit research showed on Friday. The Eurozone Manufacturing purchasing managers index (PMI) improved from 54.8 in January to 57.7 in February and beat 54.4 expectations while the Services PMI dropped to 44.7 in Feb vs. …

According to official figures, British consumer spending has fallen over the past week, and the proportion of people referred to reduced-pay vacations or only those who work from home has increased, as the country remains in lockdown due to the Coronavirus. Spending on debit and credit cards, as measured by …

Data showed that the eurozone’s trade surplus with the rest of the world was larger than expected in December, adding an otherwise positive contribution to shrinking GDP. The European Union statistics office Eurostat said the unadjusted trade surplus of the 19 countries in the eurozone amounted to 29.2 billion euros …