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Economic output in the eurozone shrinks unexpectedly

Economic output in the eurozone shrinks unexpectedly. The eurozone economy is slowing noticeably. Experts had actually expected stagnation. After all, a declining inflation rate gives hope for a turnaround for the economy. In October, the annual inflation rate fell to 4.3 percent from 2.9 percent in the previous month. The European Central Bank's (ECB) medium-term inflation target of two percent is still being exceeded. Last year, inflation was in double digits at times as a result of the Ukraine war. The ECB had raised its key interest rates significantly.

France , Italy , Germany , Spain , Belgium , Croatia , Netherlands , Ukraine , Luxembourg , Italian , Thomas-gitzel , Christoph-weil

Europe's economy risks a recession after output falls in the third quarter

The euro area economy risks falling into recession later this year after official data Tuesday showed that output shrank in the third quarter.

Germany , Italy , Spain , Ukraine , France , Netherlands , Russia , Ireland , French , Russian , Dutch , Bert-colijn

Europe's economy risks a recession after output falls in the third quarter

The euro area economy risks falling into recession later this year after official data Tuesday showed that output shrank in the third quarter.

France , Spain , Netherlands , Italy , Ukraine , Ireland , Russia , Germany , French , Dutch , Russian , Christoph-weil

Bank of Canada to Extend Rate Pause on Dour Growth Outlook; Australia's Hotter-Than-Expected CPI Data May Pressure RBA to Hike

Bank of Canada to Extend Rate Pause on Dour Growth Outlook; Australia's Hotter-Than-Expected CPI Data May Pressure RBA to Hike By James Christie

Good day. Economists surveyed by The Wall Street...

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German bonds: Renewed price gains - Weak economic data support -October 24, 2023 at 12:42 pm EDT

The prices of German federal bonds rose again on Tuesday. The benchmark futures contract Euro-Bund-Future gained 0.33 percent to 128.72 points by early evening. In return, the yield on ten-year Bunds...

Germany , German , Christoph-weil , Commerzbank , European-central-bank , Markets ,

Eurozone core inflation hits 1-year low, backing ECB pause

Euro-area core inflation eased to its slowest pace in a year, supporting expectations that the European Central Bank will keep interest rates on hold to gauge…

Germany , Latvia , Spain , Riga , Latvian , German , Christoph-weil , Martins-kazaks , European-central-bank , Bloomberg , Federal-reserve , Governing-council

Euro zone recession risks grow as rate hikes bite-PMI

Euro zone recession risks grow as rate hikes bite-PMI
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Hamburg , Germany , France , Spain , United-kingdom , Britain , Toby-chopra , Bert-colijn , Andrew-bailey , European-union , Hamburg-commercial-bank , Reuters

recession: Euro zone recession risks grow as rate hikes bite: PMI

The euro zone economy is expected to contract this quarter and remain in a state of recession due to the impact of interest rate hikes by central banks, according to a survey. The flash euro zone Composite Purchasing Managers' Index (PMI) rose slightly in September but remained below the 50 mark that indicates growth. Hamburg Commercial Bank predicts a 0.4% contraction this quarter.

Germany , Hamburg , Spain , France , Belgium , Brussels , Bruxelles-capitale , United-kingdom , Britain , Bert-colijn , Andrew-bailey , Eu-commission

Euro zone recession risks grow as interest rate hikes bite: PMI

A survey showed on Friday that the euro zone economy is likely to contract this quarter and won’t return to growth anytime soon

Hamburg , Germany , United-kingdom , France , Spain , Britain , Bert-colijn , Andrew-bailey , Hamburg-commercial-bank , European-central-bank , European-union , Reuters

Euro zone recession risks grow as rate hikes bite-PMI By Reuters

Euro zone recession risks grow as rate hikes bite-PMI By Reuters
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