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EUR Actualités Forex
Eurozone Manufacturing Growth Fastest Since 2022
The euro area manufacturing sector expanded at the strongest pace since 2022 in August, final data from S&P Global showed on Tuesday. The manufacturing Purchasing Managers' Index hit a 51-month high of 52.7 in August from 51.9 in July. The reading was slightly down from the flash estimate of 52.8. Both factory output and incoming new orders increased at their fastest rates since early-2022.
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il y a 2h 11min
Eurozone Inflation Strongest Since 2023
Eurozone inflation accelerated to the highest level in nearly three years in August, reinforcing expectations for an interest rate hike at the European Central Bank's meeting next week. Inflation advanced to 3.3 percent in August, as expected, from 2.9 percent in July, flash data from Eurostat revealed Tuesday. The rate was the highest since September 2023, when inflation was 4.4 percent.
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il y a 5h 48min
German Inflation Rises To 2.9%
Germany's inflation accelerated to a four-month high in August on energy prices, flash data from Destatis showed on Monday. Consumer prices rose 2.9 percent year-on-year in August after a 2.8 percent gain in July. A similar higher rate was last seen in April. Prices were expected to climb 3.0 percent. EU harmonized inflation also rose to a four-month high of 2.9 percent from 2.8 percent.
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Eurozone Economic Confidence Improves To 7-Month High
Eurozone economic confidence improved to a seven-month high in August driven by higher sentiment in industry, services and retail trade, monthly survey data from the European Commission showed Friday. The economic sentiment index registered 98.4 in August, up from 97.1 in July. The score was expected to climb moderately to 97.5. The latest reading was the highest since January.
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France Narrowly Avoids Recession In Q2
The French economy stalled in the second quarter as hot summer weighed on agriculture production, making it difficult to achieve the full-year growth target. Flash data showed that consumer price inflation rose to a three-month high in August due to higher energy prices. Gross domestic product remained flat in the second quarter but avoided a recession, revised data from the statistical office I
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German Consumer Sentiment To Improve In September: GfK
German consumer confidence is set to improve in September driven by income expectations and willingness to save, results of the NIM Consumer Climate powered by GfK showed Thursday. The forward-looking consumer sentiment index rose to -26.6 in September from -29.4 in August. The score was seen at -29.6.
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German Business Confidence Strongest In A Year
German business confidence rose to the highest level in a year in August, indicating the resilience of the economy despite ongoing tensions in the Middle East, low water levels in the main transportation waterways and higher energy prices, survey results from the ifo Institute showed Tuesday. The business climate index rose to 88.8 in August from 86.7 in the previous month.
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German GDP Growth Beats Estimate
Germany's economy expanded more than estimated in the second quarter as exports remained strong despite geopolitical tensions, official data revealed on Tuesday. Gross domestic product posted a quarterly growth of 0.3 percent, which was revised up from 0.2 percent estimated initially, revised data showed. This followed an expansion of 0.4 percent in the first quarter.
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Eurozone Private Sector Expands Most In 9 Months
The euro area private sector expanded the most in nine months in August driven by strong growth in manufacturing, flash survey data from S&P Global revealed Friday. The composite output index climbed unexpectedly to 52.1 in August from 52.0 in July. The reading was seen at 51.7. Manufacturing production increased at the fastest pace in four-and-a-half years.
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il y a 11
French Private Sector Contracts On Weaker Services Activity
France's private sector contracted further in August due to the downturn in services activity, survey data from S&P Global showed Friday. The headline composite output index fell to 48.8 in August from 49.4 in July. A score below 50.0 indicates contraction and it was also below forecast of 49.5. The downturn in overall activity was entirely driven by services companies.
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il y a 11
