Economy News

Economy

Fed Expected to Maintain Steady Rates Amid Inflation Challenges and Political Pressure

The Federal Reserve is likely to hold interest rates steady at its May meeting, focusing on inflation targets amid economic challenges and political pressures for rate cuts.

Economy

Germany's Industrial Sector Bounces Back: Factory Orders Surge 3.6% in March

Germany's factory orders rose by 3.6% in March, signaling a strong recovery in the industrial sector. Domestic and foreign orders increased, with significant growth in electrical e...

Economy

March Sees France's Trade Deficit Narrow to €6.25 Billion Amid Rising Exports

France's trade deficit improved in March, dropping to €6.25 billion from February's revised €7.7 billion, with exports rising by 5.6% and imports by 2.3%. The energy balance worsen...

Economy

UK Construction Sector Shows Signs of Recovery with Slight PMI Increase in April

The UK construction sector showed a slight recovery in April with the PMI increasing to 46.6, according to S&P Global. Civil engineering lagged behind, while residential constr...

Economy

Eurozone Retail Sales Dip Slightly in March, Yet Show Yearly Growth Amid Varied Sector Performance

Eurostat reports a 0.1% decline in Eurozone and EU retail sales in March, with yearly growth of 1.5% and 1.4% respectively. Sector performances varied, with automotive fuel sales r...

Economy

Germany's Industrial Surge: Factory Orders Jump 3.6% in March, Signaling Economic Resilience

Germany's factory orders rose by 3.6% in March, with domestic and foreign demand driving growth across various sectors, including electrical equipment and pharmaceuticals, signalin...

Economy

France Sees a Narrowing Trade Deficit in March, Exports Surge by 5.6%

France's trade deficit narrowed to €6.25 billion in March, with exports increasing by 5.6% and imports by 2.3%. The energy balance worsened, while the manufactured goods balance im...

Economy

UK Construction Sector Shows Signs of Recovery in April with Slight PMI Increase

The UK construction sector showed signs of a slight recovery in April, with the PMI increasing to 46.6. Civil engineering was the weakest sector, while residential and commercial c...