EUR Forex Nyheter
Eurozone Industrial Output Recovers In August
Eurozone industrial production recovered in August largely due to the rebound in capital goods and durable consumer goods output, data from Eurostat showed on Tuesday.
Industrial output posted a monthly growth of 1.8 percent in August, reversing July's 0.5 percent decline. The growth came in line with expectations.
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1 dag sedan
German Economic Sentiment Strengthens In October
German economic confidence strengthened for the first time four months in October as financial market experts expect more interest rate cuts amid slowing inflation, survey results from the think tank ZEW showed Tuesday. The ZEW Indicator of Economic Sentiment rose to 13.1 from 3.6 in September. The score was above the expected level of 10.2.
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1 dag sedan
German Trade Surplus Increases As Exports Rise Unexpectedly, Imports Fall
Germany's trade surplus increased in August on an unexpected increase in exports amid a bigger-than-expected decline in imports, official data showed on Wednesday. Exports posted a monthly growth of 1.3 percent in August following July's 1.7 percent increase, Destatis reported. This was the second consecutive increase. Shipments were forecast to fall 1.0 percent.
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German Construction PMI Rises To 16-Month High
Germany's construction sector activity contracted at the slowest pace in 16 months in September, survey results from S&P Global showed on Friday. The construction Purchasing Managers' Index rose to 41.7 from 38.9 in the previous month. This was the highest since May 2023. However, the score remained below 50.0, indicating contraction.
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Eurozone Private Sector Contracts For First Time In 7 Months
The euro area private sector shrank for the first time in seven months in September as Germany, France and Italy recorded contractions simultaneously for the first time in 2024 so far, data compiled by S&P Global showed on Thursday. The final HCOB composite output index fell to 49.6 in September from a three-month high of 51.0 in August. The flash score was 48.9.
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13 dagar sedan
Eurozone Inflation Falls Below 2% Target
Eurozone inflation fell below the 2 percent target for the first time in more than three years in September, signaling faster interest rate cuts from the European Central Bank. The harmonized index of consumer prices posted an annual increase of 1.8 percent compared to a 2.2 percent rise in August, flash data from Eurostat showed Tuesday.
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Eurozone Manufacturing Activity Falls Deeper Into Contraction
Eurozone manufacturing sector fell deeper into contraction in September on falling output, orders, employment and procurement activity, final data compiled by S&P Global showed on Tuesday. The HCOB factory Purchasing Managers' Index dropped to 45.0 in September from 45.8 in August. The flash reading was 44.8. The latest score was the lowest in the year-to-date period.
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Eurozone Bank Lending To Households Rise Most In 10 Months
Bank lending to households in the euro area logged its fastest growth in ten months in August, however, the pace of growth was weak, data published by the European Central Bank revealed Thursday. Lending to households moved up 0.6 percent from a year ago, following a 0.5 percent rise in July. Lending marked the biggest increase since October 2023.
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20 dagar sedan
German Consumer Sentiment To Recover Moderately: GfK
German consumer confidence will recover moderately in October despite weaker economic outlook, survey data published jointly by GfK and the Nuremberg Institute for Market Decisions showed Thursday. The forward-looking consumer sentiment index rose to -21.2 in October from -21.9 in September. The score was forecast to fall to -22.4.
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OECD Says Global Economic Growth Resilient Amid Declining Inflation
The Organization for Economic Cooperation and Development said on Wednesday that the global economic growth remained resilient, and inflation is declining though significant risks remain, as it nudged up the forecast for this year. The Paris-based think tank forecast the global economy to grow 3.2 percent this year, which is slightly faster than the 3.1 percent predicted in May.
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21 dagar sedan
