Eurozone Industrial Production Growth Accelerates

RTTNews | 3 дней спустя
Eurozone Industrial Production Growth Accelerates

(RTTNews) - Eurozone industrial output grew at a faster pace in February driven by the rebound in production of capital and non-durable consumer goods, data from Eurostat showed on Tuesday.

Industrial output climbed 1.1 percent month-on-month in February, which was faster than the 0.6 percent growth logged in January and also better than economists' forecast of 0.1 percent. Moreover, this was the second consecutive increase.

Among industrial grouping, production of capital goods grew 0.8 percent after remaining flat in January and non-durable consumer goods output moved up 2.8 percent, reversing a 2.4 percent fall. Meanwhile, intermediate goods output grew only 0.3 percent, after a 1.4 percent gain in the previous month. At the same time, the decline in energy output slowed to 0.2 percent from 1.1 percent in January.

On a yearly basis, industrial production advanced unexpectedly by 1.2 percent, in contrast to the 0.5 percent decline a month ago. Output was forecast to contract 0.8 percent.

Industrial production in the EU27 expanded 1.0 percent month-on-month in February, taking the annual growth to 0.6 percent.

The highest monthly increases were seen in Ireland, Belgium and Luxembourg. Meanwhile, the largest decreases were observed in Croatia, Greece and Romania.

Тэгов: EUR
read more
ECB Cuts Interest Rates By 25 Bps Again Despite 'Exceptional Uncertainty'

ECB Cuts Interest Rates By 25 Bps Again Despite 'Exceptional Uncertainty'

The European Central Bank slashed its key interest rates by a quarter basis point on Thursday, as expected, as policymakers assessed that disinflation remains on track but acknowledged that the significant uncertainty due to the escalation in the tariff war is going to hurt the Eurozone economic outlook.
RTTNews | 1 дней спустя
Eurozone Inflation Eases As Estimated

Eurozone Inflation Eases As Estimated

Eurozone inflation slowed in March, as initially estimated, as energy prices declined for the first time in four months and services inflation softened for the third straight month. The harmonized index of consumer prices climbed 2.2 percent on a yearly basis in March, slightly slower than the 2.3 percent rise in February, final data from Eurostat showed on Wednesday.
RTTNews | 2 дней спустя
German Economic Sentiment Plunges On Trade Tariff Concerns

German Economic Sentiment Plunges On Trade Tariff Concerns

German economic sentiment logged its sharpest fall since Russia invaded Ukraine in early 2022, as the changes in the US trade policy added global uncertainty, a closely watched survey published by think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment declined sharply to -14.0 in April from +51.6 in March. The indicator turned negative for the first time since October 2023 and als
RTTNews | 3 дней спустя
German Exports Rise Ahead Of Trump's Reciprocal Tariffs; Industrial Output Falls

German Exports Rise Ahead Of Trump's Reciprocal Tariffs; Industrial Output Falls

Germany's exports grew the most in four months in February as U.S. importers frontloaded orders ahead of the imposition of new tariffs by the Trump administration, while industrial production declined more than expected in February indicating more challenges ahead for the economy. Exports grew 1.8 percent month-on-month in February, following stagnation in January, Destatis reported.
RTTNews | 11 дней спустя
Eurozone Sentix Investor Confidence Weakest Since 2023

Eurozone Sentix Investor Confidence Weakest Since 2023

Euro area investor confidence deteriorated to the lowest level in one-and-a-half years in April as expectations logged the second sharpest fall on record, results of the monthly survey by the behavioral research institute Sentix showed on Monday. The investor confidence index fell more-than-expected to -19.5 in April from -2.9 in March. The decline was much severe than the expected slump to -8.9.
RTTNews | 11 дней спустя
Eurozone Retail Sales Rise For First Time In 5 Months

Eurozone Retail Sales Rise For First Time In 5 Months

Eurozone retail sales grew for the first time in five months in February but the pace of growth was weaker than expected, official data revealed Monday. Retail trade increased 0.3 percent month-on-month in February, after remaining flat in the previous three months. Although this was the first increase since September, the rate was slower than the forecast of 0.5 percent.
RTTNews | 11 дней спустя
German Factory Orders Stagnate In February

German Factory Orders Stagnate In February

Germany factory orders stagnated unexpectedly in February even though US importers brought forward imports to beat the impending tariffs. New orders in the manufacturing sector remained unchanged in February, reversing a 5.5 percent drop in January, Destatis reported Friday. Orders were forecast to grow 3.4 percent. Excluding large orders, new orders were 0.2 percent lower than in the previou
RTTNews | 14 дней спустя