Eurozone Retail Sales Fall Unexpectedly

ECB Lowers Rates, EZ Growth Outlook Amid Rising Uncertainty; Signals Pause Ahead

The European Central Bank cut its key interest rates for the fifth policy session in a row and also lowered the growth forecast for the euro area mainly due to prospects of weak exports and investment in the backdrop of high trade uncertainty amid the tariffs war, and signaled a pause in the easing cycle as policy is now deemed less restrictive.

RTTNews | 8घंटे 6 मिनट पहले

German Construction Activity Remains In Deep Contraction

Germany's construction sector continued to contract and the pace of decline worsened in February, survey results from S&P Global showed on Thursday. The HCOB construction Purchasing Managers' Index registered 41.2 in February, down from January's 20-month high of 42.5. The reading remained well below 50.0 indicating contraction.

RTTNews | 15घंटे 6 मिनट पहले

Eurozone Private Sector Logs Marginal Growth

Euro area private sector grew modestly in February as Germany, Spain and Italy expanded, but French activity hit the lowest in more than a year, final results of the purchasing managers' survey by S&P Global showed on Wednesday. The HCOB final composite output index remained unchanged at 50.2 in February. The score also matched the flash estimate of 50.2.

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Eurozone Jobless Rate Steady At Record Low

Euro area unemployment rate remained unchanged at a record low in January despite weaker economic activity, official data showed Tuesday. The jobless rate stood at 6.2 percent in January, unchanged from December, Eurostat reported. This was down from 6.5 percent in the same period last year. The expected rate was 6.3 percent.

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Eurozone Inflation Slows To 2.4%

Eurozone inflation eased slightly in February partly reflecting the slowdown in services inflation but the rate remained above 2 percent, flash data from Eurostat showed on Monday. The harmonized index of consumer prices logged an annual growth of 2.4 percent after rising 2.5 percent in January. The rate was expected to ease to 2.3 percent.

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Eurozone Factory Activity Slump Eases

Eurozone manufacturing sector remained in contraction in February, but the downturn was the least marked since early 2023, final survey results from S&P Global showed on Monday. The HCOB manufacturing Purchasing Managers' Index rose to a 24-month high of 47.6 in February from 46.6 in January. The flash reading was 47.3. The score signaled the smallest deterioration since early-2023

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German Inflation Steady At 2.3% In February

Consumer price inflation in Germany was unchanged in February, while the core price growth slowed as the cost of food increased strongly, preliminary data from the statistical office Destatis showed on Friday.

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France Inflation Lowest In 4 Years On Energy Prices

French inflation sunk to the lowest in four years in February due to a notable fall in electricity prices and the economy contracted for the first time since early 2023, official data showed Friday. Consumer price inflation was 0.8 percent in February compared to 1.7 percent in January, the statistical office INSEE said. This was the weakest since February 2021 and was also below forecast of 1.0

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EURUSD	1.07942	GBPUSD	1.28884	AUDUSD	0.63333
USDJPY	147.597	USDCAD	1.43149	USDCHF	0.88303

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Eurozone Retail Sales Fall Unexpectedly