Source: Eurostat Construction production in both the eurozone and the European Union slowed in February, as building construction growth was halved versus the previous month. EZU is down 1.61%, while VGK is down 0.86% premarket. Total construction in the eurozone grew by 1.9% in February, slower than the 3.9% growth recorded in January.Building construction expanded by … [Read more...] about Eurozone, EU Construction Production Decelerate in February
eurozone
Eurozone Current Account Surplus Narrows Slightly to €21 Billion
Source: European Central Bank The eurozone posted a slightly narrower surplus in February due to the secondary income deficit recorded in the period. EZU is down 0.26%, while VGK is down 0.50%. The current account surplus stood at €21 billion in February, €1 billion lower than the €22-billion surplus recorded in the month prior.The latest level comes as credit increased … [Read more...] about Eurozone Current Account Surplus Narrows Slightly to €21 Billion
European Economic Sentiment, Employment Expectations Drop in March
Source: European Commission Economic sentiment and employment expectations in both the eurozone and the European Union declined in March, due mainly to lower confidence. EZU is up 1.20$, while VGK is up 0.60%. The Economic Sentiment Indicator fell by 5.3 points to 107.5 in the European Union, and by 5.4 points to 108.5 in the eurozone. The decline was attributed … [Read more...] about European Economic Sentiment, Employment Expectations Drop in March
Eurozone Inflation Climbs to Fresh All-Time High on Energy Prices
Source: Eurostat Inflation in the eurozone and the European Union accelerated further in March, carving fresh all-time highs. EZU is up 1.67%, while VGK is up 0.87% premarket. Consumer prices in the eurozone surged by 7.4% in March, up from 5.9%. This is the highest print on record.The biggest annual increase was seen in energy prices which soared by 44.4%, following the … [Read more...] about Eurozone Inflation Climbs to Fresh All-Time High on Energy Prices
Eurozone, EU Industrial Production Rebound in February
Source: Eurostat Industrial production rebounded in both the eurozone and European Union in February, following the contraction recorded in the first month of the year. EZU is up 1.62%, while VGK is up 0.86%. Total industrial production in the eurozone climbed by 0.7% in February versus the previous month, marking a rebound from the -0.7% recorded in January.Monthly … [Read more...] about Eurozone, EU Industrial Production Rebound in February
