French consumer sentiment held steady at its highest level in more than nine years in December, the statistical office Insee reported Wednesday.
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Eurozone inflation rose at the fastest pace in more than three years at the end of 2016 on higher energy and food prices. Inflation increased more-than-expected to 1.1 percent in December from 0.6 percent in November, flash data from Eurostat revealed Wednesday.
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Eurozone jobless rate remained unchanged in November at its lowest level since the middle of 2009, preliminary data from Eurostat showed Monday.
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European Central Bank policymakers were not united in the decision to extend asset purchases in the December session with those having reservations about the stimulus measure opposing prolonging it, suggesting that the split may widen as inflation accelerates in the 19-nation economy.
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Eurozone banks are likely to ease credit standards across all loan categories in the first quarter, bank lending survey from the European Central Bank showed Tuesday.
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Eurozone near-term inflation was forecast to be higher than previous projection on higher oil prices, while longer-term inflation expectations remain unchanged, according to the Survey of Professional Forecasters published by European Central Bank.
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Bond purchases by the European Central Bank caused a 6.5 percent devaluation in the euro against the US dollar since 2014 till the end of last year, reports said Monday, citing a Bundesbank study.
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