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Eurozone economic sentiment weakened slightly in March due to lower confidence in industry, retail trade and construction, survey results from the European Commission showed on Thursday.
Eurozone bank lending to the private sector registered a slower growth in February reflecting weak credit demand amid higher interest rates and subdued economic activity, data from the European Central Bank revealed Monday.
Pound Euro Exchange Rate News: GBP/EUR Wavers as Investors Brace for Spring Budget | Currency News UK
Surging energy prices and borrowing costs have weighed on business morale, investment spending and consumer confidence in the bloc for months - and, notwithstanding a dip in January, inflation remains stubbornly high while more interest rate hikes are on the horizon. Some economic readings have been better than feared, particularly through the winter, but Monday's retail trade data, a key sentiment indicator, and construction figures tempered any nascent optimism.
(RTTNews) - Euro area inflation slowed less than expected, while core price growth continued to gain strength in February in the face of strong la...