This is a discussion on EUR News within the Analytics and News forums, part of the Trading Forum category; Germany's industrial production recovered at the fastest pace in more than six years in January, as mild weather boosted construction ...
Germany's industrial production recovered at the fastest pace in more than six years in January, as mild weather boosted construction activity. Industrial output grew 3.3 percent on a monthly basis in January, reversing a revised 0.3 percent fall in December, data from Destatis revealed Tuesday.
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Eurozone industrial production rebounded at the fastest pace in more than six years, signaling that the manufacturing sector weathered the global slowdown at the start of the year. Industrial production grew 2.1 percent month-on-month, partly reversing a revised 0.5 percent fall in December, data from Eurostat revealed Monday.
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Labour costs in Spain increased at a faster pace in the three months ended December, data from the statistical office INE showed Friday.
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Belgium's consumer confidence deteriorated for a third straight month to its lowest level in five months, survey data from the National Bank of Belgium showed Friday.
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Eurozone's current account surplus decreased for a second straight month in January, data from the European Central Bank showed Monday.
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German business confidence improved for the first time in four months is March, propped up by domestic demand, while investor sentiment rose less-than-expected, giving a mixed reading on the Eurozone's biggest economy. The Business Climate indicator rose to 106.7 from 105.7 in February, the Munich-based Ifo Institute said.
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Belgium's business confidence soared in March after weakening in the previous two months, survey data from the National Bank of Belgium showed Wednesday.
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French economy expanded in the three months ended in December, in line with the second estimate, final figures from the statistical office Insee showed Friday.
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The European Central Bank can ease policy further, if necessary, but there is little room for reducing interest rates, ECB Governing Council member Jozef Makuch said Tuesday.
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The euro area unemployment rate fell to the lowest level since August 2011 and producer prices declined the most in more than six years in February, separate data from Eurostat revealed Monday. The jobless rate dropped marginally to 10.3 percent in February from an upwardly revised 10.4 percent in January.
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