Reklāma
Eurozone Consumer Confidence Weakens More Than Expected
(RTTNews) - Euro area consumer sentiment eroded for a second month in a row in April to its lowest level in one-and-a-half years, survey data from the European Commission showed on Tuesday.
The flash consumer confidence index slid to -16.7 from -14.5 in March. Economists had expected a score of -15.0. The latest reading was the lowest since -16.9 in November 2023.
The corresponding index for the EU shed 2.1 percentage points to reach -16.0.
Consumer confidence moved further away from its long-term average to its lowest level in 18 months, the EU said.
Survey data was collected from April 1 to 21. Final results of the consumer confidence survey for April are set to be released along with the monthly economic sentiment survey data on April 29.
read more
French Consumer Confidence Remains Unchanged
France's consumer sentiment remained unchanged at a low level in September amid political uncertainty, monthly survey data from the statistical office INSEE showed on Thursday. The consumer confidence index held steady at 87 in September and also matched expectations.
RTTNews
|
1h 45min ago
German Consumer Sentiment To Rise In October
German consumer confidence is set to improve slightly in October halting its downward trend as income expectations strengthened, a closely watched survey data showed Thursday. The forward-looking consumer confidence index rose to -22.3 in October from revised -23.5 in the previous month. The reading was seen at -23.3.
RTTNews
|
4h 2min ago
German Ifo Business Confidence At 4-Month Low
German business sentiment weakened to a four-month low in September as prospects of an economic recovery suffered a setback, monthly survey results from the Munich-based ifo Institute showed Wednesday. The business climate index fell unexpectedly to 87.7 in September from 88.9 in the previous month. The score was seen at 89.3.
RTTNews
|
1 day ago
OECD Warns Full Effects Of High U.S. Tariffs Yet To Be Felt
The Organisation for Economic Co-operation and Development said in a report on Tuesday that the full impact of the massive hike in trade tariffs announced by the U.S. is yet to be felt though early effects are becoming increasingly evident.
RTTNews
|
1 day ago
Eurozone Private Sector Logs Strongest Growth In 16 Months
The euro area private sector expanded the most in 16 months in September driven by the acceleration in services activity growth, flash survey results published by S&P Global revealed on Tuesday. At 51.2, the HCOB composite output index climbed slightly from August's 51.0 and was above forecast of 51.1. The index posted above the 50.0 no-change mark for the ninth straight month in September.
RTTNews
|
2 days ago
Eurozone Industrial Production Recovers In July
Eurozone industrial production recovered at a moderate pace in July due to the rebound in consumer and capital goods output despite tariff threats, official data showed Tuesday. Industrial production registered a monthly growth of 0.3 percent, in contrast to the 0.6 percent decrease in June, Eurostat reported. However, the rate was slightly weaker than the forecast of 0.4 percent.
RTTNews
|
8 days ago
German Economic Sentiment Rises In September
German economic confidence improved in September but financial market experts remained cautiously optimistic, a monthly survey conducted by the think tank ZEW showed on Tuesday. The ZEW indicator of economic confidence rose unexpectedly to 37.3 in September from 34.7 in the previous month. The score was expected to fall to 27.3.
RTTNews
|
9 days ago
ECB's Lagarde Says Eurozone Remains In "A Good Place", Risks More Balanced
European Central Bank President Christine Lagarde tread carefully on Thursday as she attempted to paint a rosier view for the euro area economy without dismissing the impact of the lingering uncertainty linked to the trade tariffs, the political turmoil in France and a stronger euro.
RTTNews
|
13 days ago
