Euro Area: Inflation rises to new series high in September

The divergence between countries would normally complicate the picture for the ECB, but with current high inflation rates the trajectory is clear: the ECB is set to hike drastically at the coming meet…

Euro Area: Unemployment stable in August

FocusEconomics Consensus Forecast panelists expect the unemployment rate to average 6.8% in 2022, which is unchanged from last month’s forecast.

Spain: Current account improves in July

The current account recorded an eur 1.3 billion surplus in July, improving from the EUR 0.5 billion surplus clocked in June (July 2021: EUR 2.5 billion surplus).FocusEconomics Consensus Forecast panel…

Ruble rises against euro and dollar

The ruble has remained strong in recent months due to limited require from importers, which are already grappling with the effects of the sanctions on Moscow. Putin recognizes independence of Zaporozh…