Eurozone inflation eased in the last two months of 2022 but the economic indicator remains well above the 2% ECB mandate. Jeff Greenberg | Global Image Collection | Getty Images Inflation in the eurozone fell for the third consecutive month in January on the back of a significant drop in energy costs. The headline inflation …
The latest growth figures for the Eurozone have been released as the European Central Bank considers what to do next. Norphoto | Norphoto | Getty Images The eurozone beat expectations on Tuesday by posting positive growth in the fourth quarter of 2022 and easing fears of a possible regional recession. Preliminary Eurostat data released on …
Quick PMI: The UK experienced a sharp contraction in activity in January In contrast to the eurozone’s apparent recovery in business activity in January, purchasing managers’ index (PMI) readings from the UK on Tuesday showed that the economy contracted at its sharpest rate in two years. The UK’s composite S&P Purchasing Managers’ Index, which includes …
