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Euro zone GDP Q4 2024 | Real Time Headlines

On Tuesday, December 6, 2016, a employee placed an item in a cooked food restaurant in Campo Di FIRI Square, Roman, Italy.

Bloomberg | Bloomberg | Getty image

The euro zone economy grew zero in the fourth quarter. The Flash number published by the European Union Statistical Bureau Eurostat was displayed on Thursday.

Reuters’s expectations for economists’ surveys, during this period, growth rates were higher than 0.4 % of the expected.

After the two largest economies (Germany and France) in the euro zone (Germany and France) have a poor growth rate than expected, the masses’ data appeared. Earlier on Thursday, official data showed GDP in Germany fell 0.2 % in the fourth quarterAnd the French economy It also shrunk at the same timeEssence Italy’s economy is also unified by a quarter of a quarter Data early display Thursday.

In contrast, Spain’s GDP increased by 0.8 % in the fourth quarter. The Statistics Bureau of the country INE Say Wednesday.

European Central Bank attempts to promote economic activities and investment in the euro zone Through four reduction of interest last year. The European Central Bank is expected to make it Overnight on Thursday In order to bring a key rate, deposit facilities dropped to 2.75 %.

Economists predict that with the fear of growth, European Bank will further reduce interest rates this year.

In December, Central Bank’s prediction Euro zone economy will Increasing 1.1 % in 2025He said that the growth of GDP in the euro zone “weakened in the short term, which is weakened in obvious uncertainty.”

The Central Bank said in December: “The surveyed indicators are related to activities, such as the purchasing manager index (PMI) and the commercial and consumer confidence indicators of the European Commission.”

The European Central Bank is expected to grow by 0.2 % in the fourth quarter of 2024, because last summer supports the one -time factor of growth, such as the Paris Olympics, fades out, and continuous “soft confidence, high uncertainty and geopolitical tension.” The central bank is expected to have a GDP growth rate of 0.3 % in the first quarter of 2025.

The decision makers of the central bank will pay attention to the inflation pressure in the area. In recent months It reached 2.4 % in December.

The core inflation rate will maintain 2.7 % for the fourth consecutive month for the fourth consecutive month, thereby eliminating volatile food and energy prices. The central bank predicts that the group’s inflation rate is 2.1 % this year.

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