Strong Economic Recovery Takes Hold in the Euro Zone

ECONOMY: Solid growth, falling unemployment rate … the economic recovery takes hold in the euro zone and exceeds own forecasts The euro zone continues to show economic recovery surprisingly robust despite the Brexit , the Catalan crisis or uncertainties that have posed in recent months several decisive national elections. According to a first estimate published on Tuesday by the European Statistical Office Eurostat, economic …

Eurozone: Inflation Takes off in December

Economic: The recovery in energy prices contributed to the increase in inflation in the euro zone in December 2016. Good news for the ECB according to experts. Inflation in the euro area continued to accelerate in December to 1.1%, against 0.6% in November, driven by a rise in energy prices, according to preliminary estimates released …

Consumer Prices up 0.2% in February, But Down year on year (INSEE, provisional)

The consumer prices rose 0.2% in February compared to January, mainly because of “price increses of manufactured products after the winter sales,” according to preliminary estimates released Friday by INSEE . The consumer prices rose 0.2% in February compared to January, mainly due to the “increase in prices of manufactured products after the winter sales,” according …

ECB raised its 2015 inflation forecast

The European Central Bank (ECB) was more optimistic … The European Central Bank (ECB) was more optimistic about its inflation forecast for 2015 in the euro zone but has slightly lowered the growth for 2017,  announced by the banks president yesterday, Wednesday. The monetary institution has slightly lowered its forecast for growth in gross domestic …