Higher fuel prices are hitting households across the eurozone. The impact on consumption, however, is not uniform.
The oil price shock from the Iran war has quickly filtered through to households.

Oil Shock Hits Eurozone Wallets Unevenly

Euro zone inflation is likely to decline further and the European Central Bank may cut interest rates soon. However, a rate cut, European Central Bank president Christine Lagarde said, will depend on the pace of price growth.

Lagarde: Geopolitical tensions & higher wage growth upside risks

Surveys and indicators in the Euro zone reveal that inflation is cooling faster than expected. The anaemic growth forecast for the region has bolstered speculations of an early start to European Central Bank interest rate cuts.

ECB considers rate cuts amid anaemic Euro zone growth | WION World DNA

As the world welcomed 2024, another significant milestone in economic history completed 25 years. The euro, the common currency of the 20-member euro zone, was first launched on New Year's Day in 1999.

Flashback Friday: How the euro emerged out of Europe’s quest for greater integration 

The euro zone ended 2023 on a bad note. The economic output contracted for 18th straight month. This indicates that a recovery is unlikely any time soon, and that the economy is already in deep recession. The manufacturing index, seen as a good gauge of economic health, fell slightly from 44.6 in November to 44.4 in December.

Euro Zone's factory output contracts for 18th straight month

The European Central Bank (ECB) has exposed a looming cybersecurity crisis within Euro zone banks, shedding light on a surge in financial losses and critical vulnerabilities.

Euro Zone Banks caught in cyber crossfire: ECB survey unveils tech turmoil

Latest data suggests that inflation in the Euro zone fell to its lowest level in two years in September. Consumer prices in the euro zone rose by 4.3% in September, the slowest pace since October 2021, from 5.2% in august.

Big fall in Euro zone inflation

Amid the global economic gloom, the euro zone has begun to grow again as inflation continues to cool down. Latest data shows that euro zone's gross domestic product rose by 0.3% between April and June, compared with the January to march quarter, when the economy had stagnated. Moreover, the GDP had fallen by 0.1% in the last three months of 2022. Euro zone's inflation continued to fall in July. The Consumer Price Index (CPI) for the euro zone fell to 5.3%, down from 5.5% in June.

Euro zone grows 0.3% in April-June quarter | World Business Watch

European Central Bank policymakers see a rising risk that they will have to raise their key interest rate to 2% or more to curb record-high inflation in the euro zone despite a likely recession.

World Business Watch: ECB governors see rising risk of rate hitting 2% to curb inflation

The European Commission cut its forecasts for economic growth in the euro zone for this year and next and revised up its estimates for inflation on Thursday (July 14) largely due to the impact of the war in Ukraine.

EU cuts euro zone growth forecasts, revises up inflation outlook

The Euro Zone economy contracted less than expected in the fourth quarter of 2020 amid pandemic-induced lockdowns, initial EU estimates showed that it is also heading for another, steeper decline in the first quarter of this year.

World Business Watch: Euro Zone fourth-quarter GDP falls less than expected

The wider poll showed after contracting 2.6% this quarter, the economy would grow 1.1% in the first quarter of 2021 compared with 0.8% in the last poll.

Euro zone economy to gain momentum in 2021 on vaccine hopes

Euro zone economy is entering a tougher phase as a surge in COVID-19 cases puts a question mark over the recent rebound.

World Business Watch: ECB’s Lane braces for tougher phase for Euro zone economy

France's economy will take two years to recover from its worst post-war recession, triggered this year by the coronavirus outbreak, the central bank said on Tuesday.

French economy to return to pre-crisis levels only in 2022: Central bank

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