ECB President Christine Lagarde told the IMF that long-term borrowing costs have tightened beyond the bank’s September projections, while the euro fell to fresh 18-month lows against the dollar.
Tag: eurozone
Posted inEconomy
Eurozone Inflation Hits 3.8% in September on 18.8% Energy Surge
Euro area consumer prices rose to 3.8% in September 2026, their highest since September 2023, with energy costs up 18.8% year-on-year as Middle East conflict keeps oil prices elevated.
Posted inEconomy
Eurozone Manufacturing PMI Hits 52-Month High at 52.9 in September Final
S&P Global’s final September reading for the eurozone manufacturing PMI came in at 52.9, above the 52.7 flash estimate and the highest level since May 2022, driven by AI and defence investment.
Posted inEconomy
ECB’s Kocher Warns Inflation Must Not Entrench as Eurozone Economy Stays Fragile
ECB Governing Council member Martin Kocher said on Thursday the central bank must prevent excessively high inflation from becoming entrenched, reinforcing a data-dependent hawkish stance.
Posted inEconomy
Eurozone Slips Back Into Contraction as September Flash PMI Falls to 48.9
The euro area’s composite PMI fell to 48.9 in September, an eight-month low and the first sub-50 reading since January, as the Iran war’s energy shock dragged manufacturing and services simultaneously below the contraction threshold.
Posted inEconomy
ECB Rate Hike to 2.5% All But Certain as Eurozone Energy Inflation Hits 14%
The European Central Bank meets September 10 with a 25bp rise to 2.5% fully priced, as energy inflation running at 14.3% lifts eurozone CPI to 3.3% while core prices actually fall.
Posted inEconomy
ECB Poised to Raise Rates to 2.5% on Wednesday as Eurozone Inflation Hits 3.3%
The ECB meets Wednesday with markets pricing near-certain odds of a hike to 2.5 percent after eurozone inflation rose to 3.3 percent in August.
Posted inEconomy
Eurozone Inflation Rises to 3.3% in August, ECB Hike Odds Hit 98%
The eurozone’s preliminary August CPI climbed to 3.3% from 2.9% in July, with traders pricing near-certain odds of an ECB rate hike in September as energy-driven inflation accelerates for a second straight month.
Posted inEconomy
Eurozone Factory Growth Hits Four-Year High in August as Export Orders Turn Positive
S&P Global’s August flash PMI put eurozone manufacturing at 52.8, a 54-month high, with the composite activity index at 52.1 as new export orders turned positive for the first time since February 2022.
Posted inEconomy
Eurozone Inflation Climbs to 2.9% in July as Energy Prices Surge 10%
Eurostat’s flash estimate shows eurozone annual inflation edging up to 2.9% in July, driven by a 10% year-on-year jump in energy prices, complicating the ECB’s path back toward its 2% target.