EUR macro coverage

Eurozone Economic Indicators

Single currency of the euro area — the world's second-most-traded currency.

The euro (EUR) is the official currency of 20 European Union member states that together form the euro area. It is the second-most-held reserve currency and the second-most-traded currency in the world after the US dollar. EUR/USD is the single most-traded currency pair globally.

Open Central Bank Policy Rate EUR currency profile Developer docs

Eurozone macro brief

The highest-signal pages for Eurozone include Central Bank Policy Rate, Inflation Rate (CPI/HICP), Core Inflation, Gross Domestic Product (GDP) Growth, with each page linking back to the source metadata, release history, and API endpoint.

The European Central Bank (ECB) Governing Council sets monetary policy for the euro area, with a primary mandate of price stability defined as 2% inflation over the medium term. Policy decisions are taken every six weeks and signalled through the deposit facility rate, main refinancing operations rate, and asset purchase programmes.

The pages below are organized by indicator rather than API route. That keeps the public website useful for research while still preserving direct links into the versioned API documentation for developers.

What to watch
  • ECB monetary policy decision and press conference.
  • Eurozone HICP flash estimate (early in the month).
  • ECB Account of the monetary policy meeting.
  • Eurozone GDP flash, German industrial production and IFO.
  • TLTRO repayments and PEPP/APP reinvestment guidance.

Key Eurozone indicators

The highest-signal country pages for rates, inflation, growth, labour markets, and external balances.

Central Bank Policy Rate

Primary interest rate set by the Central Bank.

~8x/year % Monetary Policy
Open page API docs

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY Economy
Open page API docs

Core Inflation

CPI excluding volatile items like food and energy.

Monthly %YoY Economy
Open page API docs

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Quarterly EUR bn Economy
Open page API docs

Unemployment Rate

Percentage of the labor force that is unemployed.

Monthly % Labor Market
Open page API docs

Trade Balance

The difference between the value of a country's exports and imports.

Monthly EUR mn Economy
Open page API docs

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Monthly %YoY Economy
Open page API docs

Balance on Goods

Balance of payments: trade in goods.

Monthly EUR mn Economy
Open page API docs

All Eurozone indicator pages

Filter by indicator name, source, cadence, or category.

Economy 14 pages

Business Confidence

Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.

Monthly Index (0-100 normalized) History from 1985-01-31 (41.4 years)
Country page Country list API docs

Consumer Confidence

Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.

Monthly Index (0-100 normalized) History from 1985-01-31 (41.4 years)
Country page Country list API docs

Core Inflation MoM

Month-over-month change in core consumer prices (excluding food and energy), tracking underlying inflation trends.

Monthly %MoM History from 2001-01-01 (25.5 years)
Country page Country list API docs

Current Account Balance

Measures trade in goods and services and income flows.

Monthly EUR mn History from 2013-01-01 (13.5 years)
Country page Country list API docs

Gross Domestic Product (GDP) Growth

GDP growth: the quarterly change in the inflation-adjusted value of all goods and services produced in the economy.

Quarterly EUR bn History from 2000-03-31 (26.2 years)
Country page Country list API docs

Inflation Rate (CPI/HICP)

Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.

Monthly %YoY History from 2000-01-01 (26.5 years)
Country page Country list API docs

Inflation MoM

Month-over-month change in the consumer price index, measuring short-term inflationary momentum.

Monthly %MoM History from 2000-01-01 (26.5 years)
Country page Country list API docs

Producer Price Index (PPI)

Measures the average change over time in the selling prices received by domestic producers for their output.

Monthly %YoY History from 2001-01-01 (25.5 years)
Country page Country list API docs

Producer Price Index MoM (PPI)

Month-over-month change in producer prices, an early indicator of inflationary pressure in the supply chain.

Monthly %MoM History from 2010-01-01 (16.5 years)
Country page Country list API docs

Trade Balance

The difference between the value of a country's exports and imports.

Monthly EUR mn History from 2013-01-01 (13.5 years)
Country page Country list API docs

Trade-Weighted Index (NEER)

Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.

Monthly Index (2020=100) History from 2000-01-31 (26.4 years)
Country page Country list API docs
Labor Market 5 pages

Labor Force Participation Rate

Ratio of the labor force to the working-age population.

Quarterly % History from 2010-03-31 (16.2 years)
Country page Country list API docs
Money & Credit 3 pages

Narrow Money (M1)

Currency in circulation + transaction deposits. RBNZ column A.

Monthly EUR bn History from 2000-01-01 (26.5 years)
Country page Country list API docs

M2 Money Supply

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Monthly EUR bn History from 2000-01-01 (26.5 years)
Country page Country list API docs

Broad Money (M3)

M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).

Monthly EUR bn History from 2000-01-01 (26.5 years)
Country page Country list API docs
Monetary Policy 2 pages
Government Bond Yields 6 pages
Additional Indicators 5 pages

EUR market drivers

Evergreen macro forces to keep beside the country data table.

Driver 1

ECB deposit facility rate and forward guidance from the Governing Council.

Driver 2

Bund yields and peripheral spreads (Italy, Spain, Greece vs Germany).

Driver 3

Eurostat HICP and core HICP inflation, country-level CPI flash readings.

Driver 4

Eurozone composite PMI, German Ifo and ZEW business sentiment surveys.

Driver 5

Energy prices — the euro area is a net energy importer, so EUR is sensitive to oil and TTF gas.

Driver 6

US-Germany yield differentials, which historically anchor EUR/USD direction.

Explore other countries

Move laterally into another country hub while keeping the same indicator-first structure.

Argentina (ARS) Australia (AUD) Bolivia (BOB) Brazil (BRL) Canada (CAD) Chile (CLP) China (CNY) Colombia (COP) Czechia (CZK) Denmark (DKK) Hong Kong (HKD) Hungary (HUF) Iceland (ISK) India (INR) Indonesia (IDR) Israel (ILS)