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Gross domestic product was flat with a zero increase in the final quarter of 2024 in the 20-nation eurozone, EU statistics agency Eurostat said. ... with spending after being stung by inflation ...
Gross domestic product was flat with a zero increase in the final quarter of 2024 in the 20-nation eurozone, the EU statistics agency Eurostat said. The economy slowed from 0.4% growth in the third quarter as businesses were unsettled by possible trade disruptions under the new administration of U.S. President Donald Trump.
Gross domestic product was flat with a zero increase in the final quarter of 2024 in the 20-nation eurozone, the EU statistics agency Eurostat said. The economy slowed from 0.4% growth in the third quarter as businesses were unsettled by possible trade disruptions under the new administration of U.S. President Donald Trump.
The German economy, Europe's largest, also contracted 0.2% for all of 2024, the second straight year of declining output. And the outlook for this year isn't much better. The government slashed its 2025 forecast on Wednesday to 0.3% from 1.1%.
The EU has a long-term budget, named Multiannual Financial Framework (MFF), of €1,082.5 billion for the period 2014–2020, representing 1.02% of the EU-28's GNI. [51]The overall budget for the period 2021-2027 is of €1.8 trillion combining the MFF of €1,074.3 billion with an extraordinary recovery fund of €750 billion, known as Next Generation EU, to support member states hit by the ...
The Harmonised Index of Consumer Prices (HICP) is an indicator of inflation and price stability for the European Central Bank (ECB). It is a consumer price index which is compiled according to a methodology that has been harmonised across EU countries. The euro area HICP is a weighted average of price indices of member states who have adopted ...
An August 2024 survey of inflation expectations showed consumers predicting 2.3% average inflation over the next three years, the lowest figure since the survey was created in 2013. [186] Following Trump's tariff threats, long-term inflation expectations rose to 3.3 percent in January 2025 from 3.0 percent in December, the highest level since ...
"Output in the euro zone remained under pressure at the end of 2024, held back by a continued slide in new orders in both the domestic market and in exports," noted Claus Vistesen, chief euro zone ...