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soompi.comAn ECB official said second-round effects remain the central concern for eurozone monetary policy decisions. The statement comes amid ongoing monitoring of wage and price developments across the currency area.
citizen.co.zaConsumer prices across the eurozone increased to their highest level since September 2023. The data adds pressure on the European Central Bank to consider raising interest rates next week.
EuronewsThe S&P Global Flash Eurozone Composite PMI Output Index dropped to 47.5 in May from 48.8 in April. The reading marks the second consecutive month below the 50 threshold that separates expansion from contraction.
benzinga.comThe eurozone expanded 0.8 percent year-on-year in the first quarter of 2026 while Cyprus grew 3.0 percent, Bulgaria 2.9 percent and Spain 2.7 percent. Eurostat reported the wider European Union grew 1.0 percent annually, trailing the United States at 2.7 percent.
An ECB governing council member told Handelsblatt that significant inflation remains ahead and that interest rate increases are becoming more probable. The official said the baseline economic scenario no longer applies and policymakers are shifting to an adverse one. The comments…
The eurozone economy contracted in April for the first time in 16 months, driven by the ongoing Middle East war. Preliminary data indicates a 0.1% GDP decline in the second quarter of 2026. The service sector experienced its sharpest fall since early 2021 pandemic lockdowns.