Conjoncture Flash November 2025: Activity in the eurozone held up well in the 3rd quarter
Economic activity continued to grow over the summer in the eurozone, with results from France surprising on the upside. While there are still marked differences between Member States, overall performance suggests that 2025 will be better than previously expected.
- Unemployment no longer falling in the eurozone
- Better ratings for southern countries, but a downgrade for France
- New homes are becoming smaller
- Demand for mortgage loans back on an upward trajectory
- Growth in investment funds valuations and issues
- A good third quarter for the job market
- A move towards lower energy prices in 2026
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