Tag: Eurozone
Inflation in the euro area continues to decline
As of: April 17, 2024 11:31 a.m Inflation in the Eurozone continues its decline. Prices only rose by 2.4 percent in March compared to the previous year. This seems to…
Inflation in the Eurozone is falling
As of: April 3, 2024 12:14 p.m Inflation is on the decline in Europe. The March value was below the experts’ expectations. Price increases have slowed, especially for food. Inflation…
Inflation in the Eurozone continues to weaken
As of: March 18, 2024 12:25 p.m Inflation in the euro zone weakened for the second month in a row. Consumer prices were 2.6 percent higher in February than a…
According to Christine Lagarde, the next change in rates “will be downward”
This is an announcement that should please those considering negotiating a mortgage this year. Members of the Governing Council of the European Central Bank (ECB) agree on lowering interest rates…
Germany, “a tired man” who “needs coffee”?
The numbers are not good for Germany. The country’s gross domestic product (GDP) fell by 0.3% in 2023, after an increase of 1.8% in 2022, according to official data adjusted…
Eurozone unemployment rate at 6.4% in November, historic low
The euro zone unemployment rate fell by 0.1 point in November compared to October, to 6.4% of the working population, its lowest level on record despite a gloomy economic situation,…
Wealth in the Eurozone is unequally distributed – Economy
Wealth in the monetary union is very unequally distributed. The wealthiest 10 percent of households own 56 percent of total net worth, according to a recent study by the European…
Inflation in the Eurozone rises again in December
As of: January 5, 2024 1:20 p.m The inflation rate in the euro zone has risen again – to 2.9 percent. There is a similar trend in Germany. Experts warn…
Inflation rose to 2.9% year-on-year in December in the euro zone
Portfolios are not about to rest in the euro zone. Driven by energy prices, inflation started to rise again in December, to 2.9% over one year, after 2.4% in November,…
Inflation in the Eurozone is falling significantly
As of: November 30, 2023 12:16 p.m Inflation in the euro area is rising much more slowly thanks to the sluggish economy and the European Central Bank’s tightening policy. It…