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Euro zone inflation remains steady at 2% in July

New figures from Eurostat, the statistical office of the European Union, show that the annual inflation rate in the euro zone stood at 2% in July, unchanged from the previous month.

Business • 20 Aug

The euro zone's gross domestic product in the first three months of this year grew by 0.3%, below an initial estimate for 0.4%

Euro zone growth downgraded but employment holding up

The euro zone economy grew slower in the first quarter than initially estimated but employment held up well, indicating that the bloc keeps creating jobs despite years of anaemic expansion, data from Eurostat showed today.

Business • 15 May

The euro zone economy grew by 0.9% in 2024 - higher than a previous estimate of 0.7%.

Euro zone 2024 economic growth revised up to 0.9%

The euro zone economy grew by 0.9% in 2024, revised data showed today, higher than a previous estimate of 0.7%.

Business • 07 Mar

Euro zone growth has been anaemic for the past two years

Euro zone economy stagnated in last quarter of 2024

The euro zone economy stagnated last quarter as worried consumers zipped up their purses, adding to fears that a long-predicted recovery could be further delayed, Eurostat data showed today.

Business • 30 Jan

The euro zone economy increased by 0.1% in the fourth quarter of 2023 compared to the same time in 2022, Eurostat said today

Euro zone GDP remained stable in Q4 of last year

European statistics agency Eurostat has today confirmed its estimate that gross domestic product (GDP) in the euro zone remained stable in the fourth quarter compared to the previous three months.

Business • 08 Mar 24

After euro zone output contracted 0.1% quarter-on-quarter in the third quarter, the result for the last three months is a narrow escape from a technical recession

Euro zone Q4 GDP confirmed flat on a quarterly basis

Euro zone economic growth was flat in the last three months of the 2023 against the previous quarter and up 0.1% against the same time in 2022, Eurostat said today, confirming its earlier preliminary estimate.

Business • 14 Feb 24

Ireland had the biggest GDP contraction in the euro zone down 1.8%, during the third quarter, new Eurostat figures show

Euro zone's third quarter GDP contracts by 0.1%

The euro zone economy contracted by 0.1% in the three months to the end of September, new data from Eurostat, the European Union's statistics office, has confirmed.

Business • 07 Dec 23

Passenger numbers from Irish airports soared by 256% last year, new Eurostat figures show

Ireland saw biggest rise in 2022 air passenger numbers

New figures from the European Union's statistics office, Eurostat, show the total number of passengers travelling by air in the EU reached 820 million in 2022 - a substantial increase of 119% compared with the 374 million passengers in 2021.

Business • 07 Dec 23

Online sales in the euro zone fell by 1.9% in September compared to August

Euro zone retail sales fall in September

Euro zone retail sales fell roughly in line with expectations in September, data showed today, highlighting weak consumer demand and the prospect of recession.

Business • 08 Nov 23

Industrial production in the euro zone rose by 0.6% month-on-month in August for a 5.1% year-on-year decline

Euro industrial output rises in August

Euro zone industrial production rose by more than expected in August, data showed today, as factories made more consumer goods although overall output was down by more than 5% from a year earlier.

Business • 13 Oct 23

Euro zone inflation fell to 4.3% in September, the slowest pace since October 2021

Euro zone inflation falls to lowest level in two years

Inflation in the euro zone fell to its lowest level in two years in September, suggesting the European Central Bank's steady diet of interest rate hikes was succeeding in curbing runaway prices albeit at a growing cost for economic growth.

Business • 29 Sep 23

The euro zone economy grew by just 0.1% in the second quarter of 2023, new figures show

Euro zone economy grew just 0.1% in second quarter

The euro zone economy grew by a mere 0.1% in the second quarter, lower than previously estimated, official data showed today.

Business • 07 Sep 23

The EU's emissions over the January to March quarter amounted to 941 million metric tonnes of CO2 equivalents, down 2.9% from a year ago

EU greenhouse gas emissions fall 3% in first quarter

Greenhouse gas emissions in the European Union fell by nearly 3% in the first quarter of 2023, even as the bloc's economy grew slightly, statistics agency Eurostat said today.

Business • 16 Aug 23

The euro zone's GDP was up 0.3% in the second quarter, unchanged on preliminary data

Industrial output jump gives euro zone growth a boost

The euro zone's vast industrial sector rebounded in June, giving overall growth a small boost to end an otherwise weak quarter on a positive note, data from Eurostat showed today.

Business • 16 Aug 23

Research shows 74% of men aged between 25 and 29 have yet to move out of the family home (Stock image)

68% of young Irish adults still living with parents

More than two out of every three young Irish adults were still living at home last year, according to new data from Eurostat, the statistical office of the European Union.

Ireland • 15 Aug 23

These were the highest levels recorded across the EU

Eurostat: Prices here 46% above EU average last year

Prices in Ireland were higher than in any other European Union country last year, according to statistics agency Eurostat.

Business • 21 Jun 23

The European Central Bank wants to keep inflation at 2 percent over the medium term

Euro zone May inflation confirmed at 6.1%

Euro zone consumer inflation sharply decelerated in May, the European Union's statistics office confirmed today, with the core price growth measure, watched closely by the central bank, also slowing.

Business • 16 Jun 23

Prices at factory gates in the euro zone fell by 0.5% month-on-month in February for a 13.2% year-on-year increase

Euro zone producer prices fall for fifth month in a row

Euro zone producer prices fell for a fifth consecutive month and by more than expected in February, almost entirely due to declining energy prices.

Business • 04 Apr 23

The euro zone annual inflation rate slowed to 6.9% in March from 9.5% the previous month

Euro zone inflation falls more than expected to 6.9%

Inflation across the euro area is estimated to have moderated to 6.9% in March from 8.5% in February, according to an initial "flash" estimate from Eurostat.

Business • 31 Mar 23

Eurostat said GDP in the 19 countries sharing the euro at the end of 2022 expanded 0.1% quarter-on-quarter for a 1.9% year-on-year rise.

Eurozone GDP stayed positive in last quarter of 2022

Euro zone gross domestic product growth slowed in the last three months of 2022 but did stayed in positive territory, the EU's statistics office confirmed.

Business • 14 Feb 23

S&P Global's Composite Purchasing Managers' Index climbed to a seven-month high of 50.3 last month from 49.3 in December

Euro zone business activity returns to growth - PMI

Business activity in the euro zone bounced back to growth in January, according to a survey which suggested the bloc's economy might again escape a contraction this quarter and that the upturn may accelerate.

Business • 03 Feb 23

Gross domestic product in the euro zone expanded by 0.1% in the fourth quarter, new figures show today

Irish economy grows three times faster than euro zone

The EU's statistical agency, Eurostat, has estimated that the euro area economy, measured by GDP, grew by 0.1% in the last three months of last year compared to the previous three months.

Business • 31 Jan 23

The latest euro zone retail sales figures underline sustained consumer demand in the third quarter

Euro zone retail sales up 0.4% on a monthly basis

Euro zone retail sales rose as expected month-on-month in September but fell less than expected year-on-year after a strong upward revision for August, data showed today.

Business • 08 Nov 22

The number of people without jobs in the euro zone fell to 10.966 million in August from 10.996 million in July

Euro zone joblessness unchanged at record low of 6.6%

Euro zone unemployment was unchanged at a record low of 6.6% of the workforce in August, the European Union's statistics office Eurostat said today, matching expectations of economists polled by Reuters.

Business • 30 Sep 22

Price growth in the 19 countries sharing the euro accelerated to 10.0% in September from 9.1% a month earlier

Euro zone inflation hits record high of 10%

Euro zone inflation zoomed past forecasts to hit a fresh record high this month, reinforcing expectations for another jumbo interest rate hike from the European Central Bank in October.

Business • 30 Sep 22