Eurozone Consumer Confidence Highest In Over A Year
(RTTNews) - Euro area consumer sentiment strengthened for the fifth month in a row to its highest level in over a year, preliminary data from the European Commission showed Monday. The flash consumer confidence index for Eurozone climbed to -19.0 from -20.9 in January. That was in line with economists' expectations. The latest reading was the highest since February last year, when it was at -9.4. The consumer confidence index for the EU gained 1.5 points to reach -20.6, which was the highest since February last year.
Despite the successive improvements over the past few months, the readings remained well below its long-term average. Data for the survey was collected from February 1 to 19. The final results are set to be released along with the monthly economic sentiment survey data on February 27.
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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.
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10 h 34 min atrás
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
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12 h 41 min atrás
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.
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13 h 26 min atrás
Euro Area Consumer Confidence Improves More Than Expected To Highest In 4 Months
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 tariff war with the U.S.
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1 dia atrás
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.
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3 dias atrás
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.
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4 dias atrás
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.
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8 dias atrás
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
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11 dias atrás
