Eurozone, PMI
Eurozone growth accelerates in April, but price pressures may test the ECB
European private sector economic activity rebounds strongly in April, led by robust demand in services, although manufacturing continued to contract. However, resuming inflationary pressures cast uncertainty on the speed of ECB rate cuts.
Eurozone business activity rises to 11-month high
The flash composite purchasing managers’ index for the eurozone, tracked by policymakers as an early gauge of economic fortunes, rose to an 11-month high of 51.4 in April, up from 50.3 a month earlier. Economists polled by Reuters had forecast a lower reading of 50.8.
Eurozone business activity accelerates in April
Business activity in the eurozone picked up in April thanks to "increasingly robust" growth in the services sector, a closely watched survey showed Tuesday."Increasingly robust service sector growth was nevertheless accompanied by signs of a further moderation of the manufacturing downturn,
Flash Eurozone PMIs revitalised interest in the Euro
Boosted interest in the Euro emerged after preliminary PMI estimates showed a surprising acceleration in the services sector, which was able to offset the negativity from industrial weakness significantly.
Euro Area's flash composite PMI rises to 11-month high in April
Dlash Composite PMI In the Euro Area increased to 51.40 points in April from 50.30 points in March 2024, a 11-month high. Flash Manufacturing PMI In the Euro Area decreased to 45.60 points in April from 46.
Eurozone PMI Signals A Pickup In Growth
PMI increased from 50.3 to 51.4 in April, suggesting that the eurozone economy is finally leaving stagnation and returning to ...
Eurozone Growth Gap With U.S. Points to Central-Bank Divergence
The eurozone’s economic recovery continued to pick up pace at the start of the second quarter though growth continues to ...
Greece plans early repayment of eurozone bailout loans this year - sources
Greece plans an early repayment of up to 5 billion euros ($5.34 billion) of bailout loans to eurozone countries this year as ...
Eurozone Consumers Set Out Slightly Brighter Views as Cost-Of-Living Crisis Eases
By Joshua Kirby Consumers in the eurozone are feeling a little more optimistic as falling inflation favors fuller wallets across the bloc. The ...
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Polish President proposed not to introduce Euro due to problems in Eurozone
Poland should not introduce the Euro in the country, as there are too many problems in the Eurozone – as noted by Polish President ...
Eurozone Private Sector Growth Strongest In Almost A Year
The euro area private sector expanded the most in nearly a year in April as the continuing downturn in the manufacturing activity was ...
Eurozone Growth Gap With U.S. Points to Central-Bank Divergence -- 2nd Update
By Joshua Kirby The eurozone's economic recovery continued to pick up pace at the start of the second quarter, although growth continues to trail behind ...