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Eurozone Pmi

Euro zone economy ended 2024 in fragile state as activity contracted: PMI

Headline index was boosted by the bloc's dominant services sector, whose PMI bounced back above breakeven to 51.6 from November's 49.5, but was weighed down by a sharper decline in factory activity

Euro zone economy ended 2024 in fragile state as activity contracted: PMI
Updated On : 06 Jan 2025 | 2:53 PM IST

Euro, dollar steady as bank fears subside, investors focus on inflation

The dollar had been under pressure from the possibility that the Federal Reserve may have to relent in its fight against inflation and pause rate hikes

Euro, dollar steady as bank fears subside, investors focus on inflation
Updated On : 30 Mar 2023 | 4:02 PM IST

Euro falls sharply against dollar as banking sector troubles continue

The euro fell sharply against a strengthening dollar on Friday amid nervousness over banks, with better-than expected economic data failing to lift sentiment

Euro falls sharply against dollar as banking sector troubles continue
Updated On : 24 Mar 2023 | 5:15 PM IST

March euro zone factory PMI at 56.6; demand and optimism falls in the bloc

factories were at their least optimistic since the end of 2016 and demand for products was at its weakest in 16 months

March euro zone factory PMI at 56.6; demand and optimism falls in the bloc
Updated On : 03 Apr 2018 | 5:32 PM IST