Browsing Tag
Eurozone
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Eurozone construction continues to rise
click to enlargeIn particular, Italian companies saw a marked upturn. Growth in France softened while work in Germany continued to decrease. New orders placed with eurozone construction companies expanded at the fastest pace since February 2019. Anecdotal evidence pointed to new projects coming to tender amid sustained government incentives for the sector. The IHS Markit…
Eurozone inflation ratchets up to 13-year high
Inflation in the Eurozone soared to a 13-year high last month, posing more headaches for the European Central Bank. Prices in the 19 countries sharing the euro rose to 3.4 per cent annually in September from 3 per cent a month earlier, the highest reading since September 2008. The inflation clip came in ahead of…