Economy News

Economy

Eurozone Construction Output Takes a Hit: A 0.5% Drop in February Sparks Economic Concerns

The Eurozone's construction output fell by 0.5% in February, with the EU seeing a 0.4% decrease. Year-over-year, there was a slight increase. Sector-specific declines were noted, w...

Economy

Eurozone's Trade Surplus Skyrockets to €24B in February, Outshining Previous Months

The Eurozone's trade surplus surged to €24 billion in February, with exports and imports showing significant year-over-year growth. The EU also reported a higher trade surplus, ref...

Economy

Germany's Economic Slowdown Deepens: Composite PMI Hits Four-Month Low in April

Germany's private sector activity shows a significant slowdown, with the Composite PMI Output Index dropping to a four-month low of 49.7 in March. The Services PMI hits a 14-month ...

Economy

April Sees a Dip in Eurozone Business Activity: Manufacturing Resilience vs. Service Sector Slowdown

The Eurozone's business activity showed mixed results in April, with manufacturing resilience contrasting a service sector slowdown, according to S&P Global and HCOB's latest P...

Economy

UK Economic Slowdown: Private Sector Activity Hits Record Low Amid Global Trade Fears

UK's private sector activity has entered contraction in April, with PMI figures hitting multi-month lows across manufacturing and services sectors, driven by global trade worries a...

Economy

Eurozone's Construction Sector Faces a Slight Setback with a 0.5% Output Drop in February

The Eurozone's construction output declined by 0.5% in February, with building construction hit the hardest. Despite this, year-on-year comparisons show slight growth.

Economy

Eurozone's Trade Surplus Soars to €24B in February, Marking a Significant Economic Upturn

The Eurozone's trade surplus reached €24 billion in February, showing significant growth from previous months and years, with exports and imports both experiencing robust increases...

Economy

UK's Private Sector Faces Sharp Decline in April Amid Global Demand Slump and Rising Costs

The UK's private sector activity has sharply declined in April, with PMI figures hitting multi-month lows across manufacturing and services sectors, driven by a slump in exports an...