Tag: eurozone economy

Eurozone Sees Strong Growth in March as Inflation Surges: S&P Global

The eurozone region maintained a “strong rate of growth” in March 2022, dropping only slightly from February’s five-month high despite a record surge in inflation, ratings agency S&P Global said in a recent report. The seasonally adjusted S&P Global Eurozone PMI Composite Output Index in March 2022 was recorded at 54.9, slightly lower than 55.5…


Eurozone Recovery Regained Pace in Februari Despite Soaring Prices: PMI

LONDON—The eurozone economic recovery regained momentum this month as an easing of COVID-19 restrictions gave a boost to the bloc’s dominant service industry, a survey showed, but consumers faced prices rising at a record rate. As the Omicron COVID-19 variant swept across Europe some governments reimposed measures to contain its spread. IHS Markit’s Flash Composite…