The annual inflation was still double the European Central Bank’s target, however. ADVERTISEMENT The Eurozone’s annual inflation rate slowed down to 4.3% year-on-year in September, Eurostat announced on Friday. This figure…
Tag: Eurozone
Eurozone inflation revised down to 5.2% in August
Despite the decrease, inflation still remains far above the European Central Bank’s 2% objective. The annual rate of inflation in the eurozone has been revised down for August to 5.2%,…
Uncertainty in Europe as oil prices keep climbing
Oil prices have climbed further after they hit a ten-month record on Thursday and gas prices are also inching towards their highest level of the year. Oil prices are on…
Are small nations welcome at the EU’s industrial policy table?
It is not just about the money, it is about what each country — no matter its size — can bring to the table, Marius Stasiukaitis writes. The Green Industrial…
Annual inflation in the eurozone remains unchanged in August at 5.3%, still far from the ECB target
Inflation across the 20 countries that use the single currency remained stable in August at 5.3%, still far away from the 2% target of the European Central Bank. Germany’s central…
Explained: The ECB’s rate-hike dilemma as eurozone business activity falls
As eurozone businesses face sharp declines in outputs and new orders, experts believe the European Central Bank (ECB) faces a complex challenge as it decides whether to continue its cycle…
Modest economic growth in the eurozone but pressures remain on households
The 20 countries that use the euro currency and their 346 million people saw modest economic growth of 0.3% growth in the second quarter of the year but the outlook…
Eurozone GDP grew by 0.3% in the second quarter of the year, according to Eurostat
In the first quarter of 2023, GDP had remained stable in the euro area and had increased by 0.2% in the EU. The Eurozone economy grew by 0.3% in the…
EU, eurozone unemployment rates remain at historic low in June
The European Union’s unemployment rate remained stable at its historic low of 5.9% in June, according to Eurostat. The unemployment rate for the 20 countries using the euro currency meanwhile…
