eurozone

Retail Eurozone

Eurozone retail sales grow 1% year-on-year in August, compared to 2.1% previously

Bankinter | Retail sales in the Eurozone in August were lower than expected: up 1.0% year-on-year compared to the expected 1.3% and the previous 2.1% (revised from 2.2%). Noteworthy is the decline in France (which recorded a drop of 1.4% against a 1.2% gain previously) and Germany (up 1.8% against 2.9% previously). Analysis team’s view: Despite the weakness of the data, EMU retail sales have fluctuated within a stable year-on-year…


empleo eurozona 1

Eurozone unemployment rate rises to 6.3% in August, aggregate increase of 11,000 workers

Intermoney | The unemployment rate rose by one tenth of a percentage point in August to 6.3% across the Eurozone as a whole. We could have guessed this once we saw the data, which was somewhat unfavourable and showed an increase of 14,000 in the number of unemployed. At the aggregate level for the eurozone, this increase was 11,000, offset by other more moderate readings. However, we continue to see…


Eurozona IPC 1

Despite 1/10 of percentage point rise compared to previous month, Eurozone inflation remains stable for six months close to ECB’s 2% target

Bankinter | Eurozone CPI was 2.1% year-on-year in August, while core CPI remained at 2.3% for the fourth consecutive month. The data was in line with expectations and reflects inflation virtually on target. Analysis team’s view: Although it rose by one tenth of a percentage point compared to the previous month, the important thing is that inflation has been stable for six months at levels close to the ECB’s target…


eurozona mapa billete 1

Eurozone annual inflation remains at 2%

CdM | The annual inflation rate in the eurozone was 2% in July 2025, stable compared to June. A year earlier, the rate was 2.6%. Annual inflation in the European Union was 2.4% in July 2025, up from 2.3% in June. A year earlier, the rate was 2.8%. These figures were published by Eurostat, the statistical office of the European Union. The lowest annual rates were recorded in Cyprus (0.1%),…


aranceles comercio

Eurozone current account balance shows €36 billion surplus, up €4 billion on previous month

Link Securities | According to data published on Tuesday by the European Central Bank (ECB), the Eurozone current account balance recorded a surplus of €36 billion in June, an increase of €4 billion compared to the previous month. In June, surpluses were recorded in goods (€23 billion), services (€16 billion) and primary income (€14 billion). In seasonally adjusted terms, the current account surplus rose to €35.8 billion in June, from…


Retail Eurozone

Retail sales in Eurozone and EU rise 0.3% in June

CdM | Retail trade volume grew by 0.3% in June compared to the previous month in both the Eurozone and the European Union (EU), according to estimates published by Eurostat, the EU’s statistical office. The figure was below the expected 0.4%. In detail, in both the eurozone and the EU, sales rose by 0.2% in food, beverages and tobacco and by 0.6% for non-food products (excluding car fuel). Motor fuel…


exports

Eurozone exports to US fall slightly to €42.2 billion but €17.2 billion surplus recorded

Intermoney | Eurozone exports to the US fell for the second consecutive month in May, following a boom in March when a record figure of €66.2 billion was recorded. but remained above the previous year’s levels (up 5.6% year-on-year), a sign of resilience that will be tested in the coming months as tariffs become a consolidated reality in transatlantic trade. Exports to the US from the area fell slightly to…


europa industrial

Eurozone industrial prices moderate to +0.3% year-on-year in May, down from +0.7% previously

Link Securities | Eurostat reported that Eurozone production prices (PPI) fell by 0.6% in May compared to April, significantly more than the 0.3% expected by FactSet consensus analysts. In May, compared to April, prices for non-durable consumer goods rose by 0.2%; durable consumer goods by 0.3%; capital goods remained stable (0.0%); while prices for intermediate goods (-0.1%) and energy (-2.1%) fell. Year-on-year, the Eurozone PPI rose 0.3% (0.7% in April),…


europa detalle billete

Eurozone activity fails to take off: Composite PMI remains unchanged in June at 50.2 points

CdM | The Eurozone is struggling to take off. This is shown by the PMI survey data released on Monday, which highlights that total private sector activity in the eurozone ‘barely managed to register any growth at the end of the first half of 2025’. HCOB’s Eurozone Composite PMI Total Activity Index remained unchanged at 50.2 in June, above the no-change level of 50.0 for the sixth consecutive month, but…


inflacion precios 1

ECB’s expectations for average Eurozone inflation over next 12 months rise in April to 3.1% from 2.9% in March

Link Securities | According to the monthly report published by the ECB, average inflation expectations in the Eurozone for the next 12 months rose in April for the second consecutive month to 3.1% and from 2.9% in March, standing at its highest level since February 2024. Inflation expectations for the next three years remained unchanged in April at 2.5%, while inflation expectations for the next five years stood at 2.1%…