Tag: euro zone
ECB leaves key interest rate unchanged at 4.5 percent
Business After ten increases in a row ECB leaves key interest rate unchanged at 4.5 percent As of: 01:02 a.m | Reading time: 3 minutes “Three interest rate cuts are…
Large inflation differentials in the euro zone
Status: 08/31/2023 2:01 p.m The euro zone continues to struggle against high inflation, but with significant differences between member countries. The average inflation rate remained at 5.3 percent in August.…
Producer prices in the euro zone fall for the first time since 2020
Status: 05.07.2023 1:33 p.m For the first time since 2020, producer prices in the euro zone have fallen again year-on-year. In May they fell by 1.5 percent. This strengthens hopes…
Inflation in the euro zone falls significantly to 5.5 percent
Status: 06/30/2023 12:14 p.m Inflation in the euro area has once again eased significantly thanks to falling energy prices. In June, consumer prices rose by 5.5 percent year-on-year, according to…
Brussels is more optimistic about the economy in the euro zone
Status: 05/15/2023 1:59 p.m The EU Commission is more optimistic about the economic prospects for the euro zone than it was in the winter. However, the experts anticipate persistently high…
Inflation in the euro zone rises again slightly in April
Status: 05/02/2023 1:32 p.m After falling slightly last month, inflation picked up again in April. Food prices in particular continue to rise, but energy is also becoming more expensive. The…
Eurozone – Inflation moderates only slightly – Economy
High inflation in the eurozone eased off for the fourth straight month in February. According to the statistics office Eurostat, consumer prices rose by 8.5 percent compared to the same…
Inflation in euro zone falls significantly in January – experts surprised – Economy
Consumer prices rose by only 8.5 percent, according to a first estimate from Eurostat. Experts had expected higher inflation. Germany’s data had to be estimated because the statistical office did…
Eurozone inflation falls sharply in January – Economy
Consumer prices rose by only 8.5 percent, according to a first estimate from Eurostat. Experts had expected higher inflation. Germany’s data had to be estimated because the country didn’t deliver…
Euro Zone – Unemployment at record low – Economy
In the euro zone, unemployment has fallen to a historically low level. In October, the unemployment rate fell by 0.1 percentage points to 6.5 percent, according to the statistics office…