Euro Area Consumer Confidence Improves More Than Expected To Highest In 4 Months

RTTNews | 1 day ago
Euro Area Consumer Confidence Improves More Than Expected To Highest In 4 Months

(RTTNews) - Eurozone consumer confidence strengthened for a second straight month and at a faster than expected pace to its highest level in four months in February, suggesting that pessimism among households in the single currency bloc is easing despite the increasing threat of a trade tariff war.

The flash consumer confidence index rose to -13.6 from -14.2 in January, monthly survey data from the European Commission showed on Thursday. That surpassed the -14.0 reading economists had forecast.

The latest score was the strongest since October last year, when the confidence reading was -12.5.

The consumer confidence index for the EU gained 0.4 percentage points to -12.9 in February.

Both confidence readings remained below their long-term average, the commission said.

The survey was conducted between February 1 and 19 and include all EU countries except Ireland and Spain.

The final results of the consumer confidence survey are set to be released along with the monthly economic sentiment survey on February 27.

read more
Eurozone Private Sector Expands In February

Eurozone Private Sector Expands In February

The euro area private sector managed to grow for the second straight month in February with the deepening contraction in France being offset by a moderate rebound in Germany, flash data from the purchasing managers' survey by S&P Global showed on Friday.The flash composite output index remained unchanged at 50.2 in February. Economists had forecast the indicator to rise to 50.5.
RTTNews | 10h 14min ago
German Private Sector Growth Picks Up

German Private Sector Growth Picks Up

Germany's private sector growth picked up in February as services activity showed a steady expansion and manufacturing contracted at the slowest pace in two years, flash survey data from S&P Global revealed Friday. The flash composite output index came in at 51.0 in February, up from 50.5 in January. This was the highest reading in nine months and was above forecast of 50.8. A score above 50.0 i
RTTNews | 12h 20min ago
French Private Sector Downturn Deepens

French Private Sector Downturn Deepens

France's private sector registered a deeper contraction in February as the drag from the service sector intensified, survey results from S&P Global revealed Friday. The HCOB flash composite output index dropped unexpectedly to 44.5 in February from 47.6 in January. The score signaled the steepest fall since September 2023. The reading was seen at 48.0.
RTTNews | 13h 6min ago
German Investor Sentiment Rebounds Ahead Of Federal Election: ZEW

German Investor Sentiment Rebounds Ahead Of Federal Election: ZEW

German economic confidence logged its strongest improvement in the past two years in February ahead of the federal election as financial experts expect fiscal stimulus from the new government and also foresee better outlook for construction on the back of interest rate cuts, results of the closely watched survey by the think tank ZEW showed on Tuesday.
RTTNews | 3 days ago
Eurozone Trade Surplus Falls Slightly In December

Eurozone Trade Surplus Falls Slightly In December

The euro area trade surplus dropped slightly in December as the increase in imports exceeded the exports growth, data from Eurostat showed on Monday. The trade surplus decreased to EUR 15.5 billion in December from EUR 16.0 billion in November. Exports logged an increase of 3.1 percent from last year, in contrast to the 1.4 percent fall in November.
RTTNews | 4 days ago
Eurozone Industrial Output Falls More Than Expected

Eurozone Industrial Output Falls More Than Expected

Eurozone industrial production registered a bigger-than-expected decline in December on sharp falls in capital a Industrial output fell 1.1 percent in December from November. The fall was deeper than the forecast of 0.6 percent also reversed the 0.4 percent increase in November. Among major industrial groupings, only non-durable consumer goods and energy production improved from the last month.
RTTNews | 8 days ago
Eurozone Investor Confidence Highest In 7 Months

Eurozone Investor Confidence Highest In 7 Months

Euro area investor sentiment strengthened to a seven-month high in February as economic expectations increased dynamically despite tariff threats, results of the monthly survey by the behavioral research institute Sentix showed on Monday. The Sentix investor confidence index climbed to -12.7 in February from -17.7 in January. The reading was the highest since July 2024. The score was forecast to
RTTNews | 11 days ago
German Construction Sector Continues To Shrink

German Construction Sector Continues To Shrink

Germany's construction sector remained firmly in contraction but the pace of fall softened in January, survey data from S&P Global revealed Thursday. The HCOB construction Purchasing Managers' Index rose to 42.5 in January from 37.8 in December. Although the score was firmly below the neutral 50.0 that separates growth from contraction, the reading was the highest since May 2023.
RTTNews | 15 days ago