According to data from the European Union’s statistical office, Eurostat, the annual inflation rate in the Eurozone was 1.9 % in February, while for the EU it was 2.1 %.

The countries with the lowest annual rates were Cyprus (0.9 %) and the Czech Republic (1.0 %); the highest were recorded in Romania (8.3 %), Slovakia (4.0 %), and Croatia (3.9 %).

According to the statistics office, “compared to January 2016, annual inflation decreased in 11 Member States, remained stable in four, and increased in 12.”

In detail, the sectors that contributed most to the increase in the inflation rate were services (+1.54 percentage points); food, alcohol, and tobacco (+0.48); and non-energy industrial goods (+0.17). The energy sector, on the other hand, had a negative impact (-0.30).

M.Pino

Source: prensalatina

(Reference image source: Guillaume Périgois on Unsplash)

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La entrada The annual inflation rate in the Eurozone was 1.9 % in February apareció primero en Bitfinance.

The European statistical agency, Eurostat, published data on the eurozone’s economic growth in the third quarter of the year, placing it at 0.3 percent.

“Compared to the same quarter of the previous year, seasonally adjusted GDP increased by 1.4 % in the euro area and 1.6 % in the EU in the third quarter of 2025, following +1.6% in the euro area and +1.7 % in the EU in the previous quarter,” the agency stated.

The GDP increase for the major countries is broken down as follows: “Denmark (+2.3 %) recorded the largest increase in GDP compared to the previous quarter, followed by Luxembourg and Sweden (both +1.1 %). Declines were observed in Ireland and Finland (both -0.3 %) and Romania (-0.2 %). In the case of Spain, it grew by 0.6 %.”

Regarding household final consumption expenditure, the index increased by 0.2 % in both the euro area and the European Union. Government final consumption expenditure grew by 0.7 % in both the euro area and the EU.

There was also an increase of 0.9 % in gross fixed capital formation in the euro area and 1.1 % in the EU.

Exports increased by 0.7 % and 0.9 % in the euro area and the EU, respectively. Imports increased by 1.3 % in both regions.

M.Pino

Source: elboletin

(Reference image source: Masood Aslami on Unsplash)

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La entrada Eurozone economy grows 0.3 % in the third quarter apareció primero en Bitfinance.

Eurozone inflation for the month of September, which stood at 1.7 %, was the lowest since April 2021, according to Eurostat.

The inflation rate slowed by half a percentage point compared to the 2.2 % rise in prices for the month of August.

According to data from the community statistical office, the value had initially been calculated at 1.8 %. On the other hand, “for the European Union as a whole, the inflation rate reading for the month of September shows a drop of three tenths, to 2.1 %”.

This slowdown in inflation in the eurozone in September reflects the 6.1 % drop in the cost of energy, which fell 3 % year-on-year in August, while fresh food prices rose by 1.6 %.

Also, “the price of non-energy industrial goods rose 0.4 % year-on-year in September, unchanged from the increase in August”.

The countries where the greatest increase in the cost of living was seen are Romania (4.8 %), Belgium (4.3 %) and Poland (4.2 %). On the contrary, the nations with the lowest price increases with an impact on the cost of living are Ireland (0 %), Lithuania (0.4 %) and Slovenia (0.7 %).

M.Pino

Source: forbes.es

(Reference image source: Alexey Larionov en Unsplash)

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La entrada Eurozone inflation reached 1.7 % in September apareció primero en Bitfinance.

The negative balance of the trade balance of the eurozone stood at 34.4 billion euros last September, compared to the surplus of 6.7 billion euros in the same month of 2021, according to data on international trade in goods published by this Tuesday Eurostat, the community statistics office.

Specifically, exports of goods to the rest of the world rose 23.6 %, up to 259,600 million euros, while imports expanded 44.5 %, up to 294,000 million. Commercial activity between euro partners experienced an increase of 247.6 billion euros, which is equivalent to a year-on-year increase of 27.3 %.

With respect to the activity registered in the first nine months of the year, the euro area recorded a trade deficit of 266.6 billion euros, compared to the surplus of 129.2 billion in the same period last year. Exports up to September grew 19.2 %, up to 2,120 billion euros, while imports advanced 44.7 %, up to 2,386 billion. Commercial activity between euro partners between January and September was 27.1 % higher, standing at 2.021 trillion.

On its side, the trade balance of the European Union (EU) showed a negative balance of 45,800 million, multiplying by 152 the trade deficit of September 2021.

Exports from the community bloc to the rest of the world in the ninth month of the year grew 24 % year-on-year, to 232,000 million, while imports advanced 48.2 %, to 277,800 million. The commercial activity between them was 383,000 million, 26.1 % more.

Between January and September, the Twenty-seven observed exports of 1.889 billion euros, 18.8 % more, while exports were 2.247 billion, 49.7 % more. The commercial activity between the Member States until September reached 3,131 trillion, 25 % more.

The United States remained the country to which the EU directed the most exports until September, with 375.5 billion euros (+29 %). Behind were the United Kingdom, with 243,600 million (917.7 %) and China, with 170,500 million (+2.8 %). In turn, the Twenty-seven imported goods mainly from China (470.7 billion), the United States (262.3 billion) and the United Kingdom (167.3 billion).

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Source: dpa

La entrada The eurozone registered a trade deficit of 34,400 million in September apareció primero en Bitfinance.