Eurozone Loan Growth Rises Slightly In June

German Industrial Output & Exports Recover

Germany's industrial production and exports rebounded in November but the underlying picture remained pretty grim amid job cuts in manufacturing and the possible hike in trade tariffs by the U.S. Industrial output increased a more-than-expected 1.5 percent on a monthly basis, in contrast to the revised 0.4 percent decrease in October, data from Destatis revealed Thursday.

RTTNews | 3 gün önce

Eurozone Retail Sales Rise Less Than Forecast

Driven by food and auto fuel turnover, Eurozone retail sales registered a marginal growth, which was weaker than expected in November, reflecting subdued household consumption towards the end of 2024. Retail sales grew 0.1 percent on month in November after easing 0.3 percent in October, data from Eurostat showed Thursday. Sales were expected to climb 0.3 percent.

RTTNews | 3 gün önce

Eurozone Economic Sentiment Deteriorates Sharply

Euro area economic confidence deteriorated to the lowest in more than a year in December as the improvement in services sentiment was offset by weaker morale in industry, construction and among consumers. The economic sentiment index dropped more-than-expected to 93.7 in December from 95.6 in the previous month.

RTTNews | 4 gün önce

German Factory Orders Fall Sharply In November

German factory orders declined notably in November due to the sharp decrease in orders for transport equipment, suggesting that the manufacturing sector remains deep in recession. New orders registered a monthly fall of 5.4 percent in November, Destatis reported Wednesday. The pace of decline deepened from 1.5 percent in October and was worse than economists' forecast of 0.3 percent drop.

RTTNews | 4 gün önce

Acceleration In Eurozone Inflation Signals Slower ECB Rate Cuts

Euro area inflation accelerated for the third straight month to the fastest in five months in December, suggesting that the European Central Bank will be cutting interest rates more slowly than anticipated. The harmonized index of consumer prices climbed 2.4 percent from a year ago, following a 2.2 percent gain in November, preliminary data from Eurostat showed on Tuesday.

RTTNews | 5 gün önce

German Construction Activity Remains Firmly In Recession Zone

Germany's construction sector remained deep in the recession zone in December as political uncertainties damped orders, survey data from S&P Global showed on Tuesday. The HCOB construction Purchasing Managers' Index dropped to 37.8 in December from 38.0 in November. The score was the lowest since last April and signaled a notable contraction in the sector.

RTTNews | 5 gün önce

German Inflation At 11-Month High Unlikely To Worry ECB Policymakers

Consumer price inflation in Germany rose for a third month in a row, and at a faster than expected pace in December, to its highest level in 11 months led by higher food prices and services costs, though policymakers at the European Central Bank are likely to be less concerned at the recent spike in price pressures and press ahead with another interest rate reduction in the next policy session.

RTTNews | 5 gün önce

Eurozone Economy On The Verge Of Deeper Crisis, Sentix Says

The euro area economy is in the danger of plunging even deeper into crisis and the room for the European Central Bank for maneuver is diminishing rapidly, the behavioral research institute Sentix said Monday. Eurozone investor confidence sunk to the lowest level since November 2023 with the corresponding index falling to -17.7 in January from -17.5 in December, results of the monthly survey by S

RTTNews | 6 gün önce

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