EUR Forex News
German GfK Consumer Sentiment To Rise In January
German consumer confidence recovered marginally towards the end of the year and it is forecast to rise again in January, survey data jointly published by the market research group GfK and the Nuremberg Institute for Market Decisions showed on Thursday. The forward-looking consumer sentiment index posted -21.3 in January, up from -23.1 in December. The score was expected to rise to -22.6.
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4 days ago
Eurozone Inflation Rises Less Than Estimate
Eurozone inflation grew at a slightly slower than initially estimated pace in November, revised data published by Eurostat showed on Wednesday. The harmonized index of consumer prices rose 2.2 percent year-on-year in November, following a 2.0 percent increase in October. The rate was revised down from 2.3 percent.
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5 days ago
German Investor Confidence Highest In 4 Months In December - ZEW
Economic sentiment in Germany unexpectedly rebounded in December to its highest level in four months as financial market experts turned optimistic on the announcement of snap elections in February next year and the prospect of more interest rate cuts from the European Central Bank, results of a survey by the think tank ZEW showed Tuesday.
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6 days ago
Eurozone Trade Surplus Declines In October
The euro area trade surplus declined in October largely due to the rebound in imports, data from Eurostat showed on Tuesday. The trade surplus fell to EUR 6.8 billion in October from EUR 9.4 billion a year ago. This was also below September's level of EUR 11.6 billion. The fall in surplus reflects a reduction in the surplus for chemicals and related products and machineries and vehicles.
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6 days ago
German Ifo Business Confidence Worsens In December
Business sentiment in Germany fell to the weakest level since 2020 in December as firms were more skeptical about the economic outlook, survey results from the ifo Institute showed on Tuesday, amid the prospect of trade rifts with the U.S. and the uncertainty surrounding domestic economic policies. The ifo business climate index fell to 84.7 in December from 85.6 in the previous month.
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6 days ago
Eurozone Private Sector Contracts In December
Eurozone private sector contracted at the end of the year reflecting the falls in Germany and France, while the rest of the region posted a solid increase in output.
The HCOB flash composite output index rose to 49.5 in December from 48.3 in November, pointing to a softer and marginal fall in output, survey results from S&P Global showed Monday.
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7 days ago
German Private Sector Activity Continues To Shrink
Germany's private sector continued to shrink in December albeit the pace of contraction softened on a slight rebound in services activity, flash data from S&P Global showed Monday. The HCOB composite output index registered 47.8 in December, up from November's nine-month low of 47.2. However, the reading is still below the 50.0 threshold that separates growth from contraction.
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7 days ago
French Private Sector Contracts For Fourth Month
France's private sector contracted for the fourth straight month in December as both manufacturers and services providers registered declines in output, flash survey results from S&P Global showed on Monday. The HCOB composite output index posted 46.7 in December, up from 45.9 in November. A reading below 50 indicates contraction.
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7 days ago
Eurozone Industrial Production Stagnates In October
Eurozone industrial production stagnated in October as growth in capital goods output was offset by falls in energy and consumer goods production, Eurostat reported Friday. Industrial output remained flat in October after declining 1.5 percent in September. The nil growth matched expectations.
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10 days ago
German Exports Fall Most In 10 Months
Germany's exports declined at the fastest pace in ten months in October mainly due the double-digit fall in demand from the US and overall imports logged a marginal fall, data from Destatis revealed Friday. Exports fell 2.8 percent month-on-month in October, slower than the 1.8 percent decrease in September. Shipments were forecast to fall 2.0 percent.
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10 days ago
