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eurozone ile ilgili hikayeler

• Italian consumer prices , harmonized to compare with other EU countries, eased to 9.9% in February from 10.7% in the previous month on lower energy prices but still came in above expectations of a drop to 9.4%, data from ISTAT revealed on Thursday. Core inflation –which excludes fresh food and energy prices– was running at 7.1% year-on-year, up from 6.6% the month before. ISTAT The backstory: Italy, which is highly dependent on energy imports, has seen infla...Devamını Oku

03 Mar 2023

• The eurozone seasonally-adjusted unemployment rate stood at 6.7% in January, stable compared with the previous month and down from 6.9% a year prior. Unemployment in the EU also remained unchanged from December at 6.1%, according to figures from Eurostat released on Thursday. Compared with January 2022, the number of jobless people decreased by 318,000 in the EU and by 220,000 in the euro area. Italy: The unemployment rate in Italy rose slightly to 7.9% in Januar...Devamını Oku

03 Mar 2023

• Inflation in France and Spain jumped unexpectedly in February, figures showed on Tuesday, pushing up ECB rate hike expectations and challenging the narrative of a rapid easing in price growth. via Bloomberg Zoom in: French consumer prices rose 7.2% year-on-year, from 7.0% in the month prior and higher than an expectation of 7.0%. In Spain, annual inflation jumped to 6.1% in February from 5.9% in the previous month and ahead of a 5.5% forecast. Looking ahe...Devamını Oku

01 Mar 2023

• Economic sentiment in the eurozone edged down in February after rising for three consecutive months, according to a European Commission report released on Monday, as weakness in industry and services were partially offset by the increasing confidence in retail and among consumers. The economic sentiment indicator decreased by 0.1 points to 99.7 in February, well below a market forecast of 101. By contrast: Eurozone consumer confidence strengthened for the fifth m...Devamını Oku

28 Şub 2023

• Eurozone inflation eased to 8.6% in January from 9.2% a month earlier, with the core CPI, excluding food and energy, reaching 5.3%—both exceeding the estimates of 8.5% and 5.2%, respectively. The results are widely regarded as having confirmed that price growth is now well past its peak, with the market pricing a 50bps ECB rate hike in March as planned. In other news: The European Central Bank (ECB) recorded a loss of €1.6 billion in 2022, as interest rate hikes...Devamını Oku

24 Şub 2023

• European Commission VP Valdis Dombrovskis said that Bulgaria would not become a eurozone member before the beginning of 2025, stressing that the main challenge for the country is inflation, as the Balkan country aspires to adopt the euro as its currency before the beginning of 2024. Zoom out: Bulgaria, the poorest EU country, hopes that the euro will boost its economy and financial security, but its political crises make it difficult for them to fit the eurozo...Devamını Oku

24 Şub 2023

⚡ Lightning Round Sales at French luxury group Kering fell 7% in Q4, missing market expectations, and were dragged down by a slump at its biggest brand Gucci which was hit by Covid-19 lockdowns in China and weaker demand in the US due to a stronger dollar. Nearly a third of eurozone workers want to work from home more frequently than their employer allows them to, and are willing to change jobs to be able to do so, a European Central Bank study showed on Wednesd...Devamını Oku

16 Şub 2023

• The eurozone economy expanded slightly in the last quarter of 2022, according to figures from Eurostat released on Tuesday, thanks mainly to a mild winter and falling energy prices. GDP in the euro area ticked up 0.1% in Q4 over the previous quarter for a 1.9% year-on-year rise, confirming a preliminary estimate and in line with market expectations. Driving the news: Eurozone employment surged above expectations to a new record high last quarter, pointing to grea...Devamını Oku

15 Şub 2023

• The European Commission on Monday revised its economic forecasts for next year slightly upwards, saying the bloc will narrowly avoid a technical recession and has already passed its inflation peak. The single-currency bloc is now expected to grow by 0.8% in 2023, compared with a predicted growth of 0.3% in its previous quarterly report. Meanwhile, inflation was forecast to be 5.6% within the eurozone. European Commission

14 Şub 2023

• Eurozone inflation eased for a third consecutive month in January, according to a flash estimate from Eurostat released on Wednesday, thanks mainly to a fall in energy prices. Headline inflation came in at 8.5% year-on-year, down from 9.2% in December and a record high of 10.6% in October. The annual rise in energy costs dropped to 17.2% in January from 25.5% in the month prior. Eurostat However: Food price inflation rose slightly from 13.8% in December to ...Devamını Oku

02 Şub 2023