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Euro area consumers were less pessimistic in April and the consumer sentiment index rose faster than expected to its highest level in over a year, preliminary data from the European Commission showed Thursday.
Eurozone investor confidence improved further in April as the threat posed by the energy crisis proved to be less severe than feared, survey results from the behavioral research institute Sentix showed Thursday.
Inflation in the 20 countries that use the euro currency slowed to the lowest level in a year as energy prices dropped, but food costs were still on the rise, keeping pressure on the European Central Bank to hike interest rates further. Consumer prices in the eurozone jumped 6.9% in March from a year earlier,…
Inflation in the 20 countries that use the euro currency slowed to the lowest level in a year as energy prices dropped, but food costs were still on the rise,
Eurozone inflation slowed sharply in March while US price increases eased last month as well, official data showed Friday, offering some relief to policymakers.