Tag Archives: Eurozone

Bond yields in the Eurozone declined on Tuesday, as German yields fell to its lowest level in a week, amid increased demand for safe havens due to the rising number of COVID-19 cases. This comes ahead of the upcoming meeting by the European Central Bank (ECB). In Germany, the return …

The rate of money supply in the Eurozone increased in September, more than analysts had expected. And data released by the European Central Bank today showed that the money supply in the Eurozone recorded a growth of 10.4% in September, compared with 9.5% growth in August. Analysts had expected that …

Business activity fell back into decline across the Eurozone in October as accelerating growth of manufacturing output was overwhelmed by a steepening deterioration in the service sector amid rising COVID-19 worries. In fact, the Eurozone manufacturing purchasing managers index (PMI) jumped to a 26-month high level of 54.4 during the …

A survey on Friday showed that Eurozone economic activities slipped back into decline this month with renewed restrictions to control the coronavirus pandemic, forcing many companies in the region’s dominant service sector to limit operations. A second wave of the virus swept across Europe, and 90% of economists polled by …

Data from the European Central Bank showed on Tuesday that the current account surplus of the 19-nation eurozone widened to 19.9 billion dollars in August from 17 billion euros in July thanks to a higher trade surplus and a lower primary income deficit. In the 12 months to August, the …

A survey showed that the economic recovery in the Eurozone was faltering in September due to the decline of the service sector, which dominates the economy of the bloc, as a result of re-imposing some restrictions on activities to prevent a new spread of the Coronavirus. Rising infection rates in …

The Eurozone manufacturing sector activity continued to improve this month, the latest manufacturing activity survey from IHS/Markit research showed on Wednesday. The Eurozone Manufacturing purchasing managers index (PMI) improved from 51.7 in August to 53.7 in September above 51.9 expectations while the Services PMI dropped to 47.6 in September vs. …

Consumer confidence in the Eurozone increased by 0.8 points in September, compared with its level in August, according to data released by the European Commission on Tuesday. Eurozone consumer confidence increased to -13.9 from -14.7 last month, while for the entire European Union the indicator increased by 0.6 points to …

Data from the European Central Bank showed that the revised current account surplus of the 19 Eurozone countries shrank to 16.6 billion Euros in July from 20.7 billion Euros in June, as a decline in the primary income account eroded the impact of an increase in the trade surplus. In …

The European Union Statistics Office confirmed that consumer prices in Eurozone fell in August, driven by lower energy prices, but core inflation excluding those volatile elements also slowed sharply. The office said that inflation in the 19-nation Eurozone fell 0.4% month over month in August and fell to -0.2% year …