Eurozone Lending To Private Sector Strengthens

RTTNews | 11ч 30мин назад

(RTTNews) - Lending to the euro area private sector increased at a faster pace in January as interest rate cuts boosted demand for loans from businesses and households, data from the European Central Bank revealed Thursday.

Claims on the private sector expanded 2.0 percent from a year ago, faster than the 1.7 percent rise in December. Similarly, adjusted loans to the private sector registered 2.3 percent growth after increasing 2.0 percent in December.

Among the borrowing sectors, lending to businesses increased 2.0 percent from a year ago, after rising 1.7 percent in December. This was the fastest growth since July 2023, when lending advanced 2.3 percent.

Adjusted loans to households moved up 1.3 percent after rising 1.1 percent in December, data showed. A similar faster growth was last reported in July 2023.

The broad money supply M3 growth improved to 3.6 percent from 3.4 percent in December. Likewise, growth in narrow measure M1 accelerated to 2.7 percent from 1.8 percent.

In the three months up to January, M3 growth averaged 3.6 percent.

Short-term deposits other than overnight deposits logged a slower annual growth of 3.3 percent in January compared to 4.4 percent in December. The annual growth rate of marketable instruments softened to 14.7 percent from 15.8 percent a month ago.

Last month, the ECB had lowered its interest rates for a fourth policy session as inflation is expected to return to target over the course of the year. The deposit rate was lowered by 25 basis points to 2.75 percent, which was the lowest since February 2023.

Тэгов: EUR

Eurozone Economic Confidence Rises To 5-Month High

Eurozone economic confidence strengthened to a five-month high in February on improvements in industry and among consumers, a closely watched survey revealed Thursday. The economic confidence index registered 96.3 in February, up from 95.3 in the previous month, survey data from the European Commission revealed. The reading was above economists' forecast of 96.0.

RTTNews | 13ч 40мин назад

German Consumer Confidence To Continue Negative Trend

Consumer sentiment in Germany is set to continue its negative trend as higher prices, economic and political uncertainty weigh on households' income expectations and their willingness to buy, a closely watched survey showed on Wednesday. The forward-looking consumer sentiment index unexpectedly fell to -24.7 in March from -22.6 in February, a survey jointly published GfK and NIM revealed.

RTTNews | 1 дней спустя

German GDP Shrinks On Weaker Exports

The German economy contracted in the fourth quarter, in line with estimate, as the sharp decline in exports offset the improvement in consumption. Gross domestic product declined 0.2 percent from a quarter ago, reversing a 0.1 percent sequential growth in the third quarter, detailed report from Destatis showed on Tuesday. The figures matched the estimate published on January 30.

RTTNews | 2 дней спустя

German Business Confidence Remains Unchanged

German business morale remained unchanged in February as companies were less satisfied with current situation, while expectations improved moderately amid the federal elections, survey results from the ifo Institute showed on Monday. The ifo business climate index registered 85.2 in February, the same as in January. The score was forecast to rise to 85.9.

RTTNews | 3 дней спустя

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 | 6 дней спустя

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 | 6 дней спустя

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 | 6 дней спустя

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.

RTTNews | 7 дней спустя

EURUSD	1.04052	GBPUSD	1.261	AUDUSD	0.62438
USDJPY	149.904	USDCAD	1.44364	USDCHF	0.89949