
The growth in the Euro zone in the fourth quarter of 2016 amounted to 1.7% compared to the fourth quarter a year earlier, and up 0.4% compared to the third quarter.

The growth in the Euro zone in the fourth quarter of 2016 amounted to 1.7% compared to the fourth quarter a year earlier, and up 0.4% compared to the third quarter.

IHS Markit’s final manufacturing Purchasing Managers’ Index for the euro zone rose to 55.4 in February, the highest since April 2011, from January’s 55.2.
It was revised down slightly from the estimate of 55.5 but remained far above the 50 mark denoting growth in activity.

PMI services throughout the Euro zone.
Germany January index climbed to 56.6 points compared to 56.5 points in December.
French index climbed by 0.7 points to 53.9 points.

The European stock markets trading is conducted today (Thursday) with a tendency towards price stability in most exchanges.
All this towards the interest rate and monetary policy in the Euro zone at noon.

The European Statistics Office published the unemployment rate in the EU in November 2016, and it remained unchanged at 9.8%.
This figure matched the analysts’ forecasts.

The Purchasing Managers Index (PMI) showed that the Euro zone economy continues to show improvement.
According to the third reading index for December, it came to 54.4, compared with November’s reading of 53.9.

The inflation in December in the Euro zone stood at 1.1% , its the highest level since September 2013.

German business confidence at the height of 3 years
Business confidence index IFO institute’s biggest economy in the Euro zone rose in December to 111 points, compared to 110.4 points last month.
This is the highest level of the index since February 2014.
The economists forecast was to more moderate increase in the index to 110.5 points.

The level of inflation in the Euro zone stood at 0.6% in November, in line with expectations.
This is the highest inflation rate recorded since April 2014.
Zone target set by the European Central Bank are still far away, a little below 2%.

The German economy grew In the third quarter by 0.2%, after the second quarter in which it grew by 0.7% and in the third quarter by 0.4%.
The third quarter figures sparked concerns that the biggest economy in the Euro zone is on its way to a much more significant weakening.