Economy News

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...

Economy

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

The Eurozone's trade surplus surged to €24 billion in February, indicating a strong economic recovery with exports and imports both showing significant year-over-year growth.

Economy

Eurozone's Construction Sector Faces a Slight Dip: February Output Drops by 0.5%

Eurozone's construction output saw a monthly decline of 0.5% in February, with the EU experiencing a 0.4% drop. However, year-on-year comparisons show slight increases of 0.2% in t...

Economy

Germany's Economic Slowdown Deepens: Composite PMI Dips into Contraction in April

Germany's private sector activity declines in March with the Composite PMI Output Index dropping to 49.7, indicating contraction. The Services PMI hits a 14-month low, while manufa...

Economy

Eurozone Business Activity Hits a Snag in April: Manufacturing Rises as Services Dip

The Eurozone's business activity showed mixed results in April, with manufacturing rising to a 27-month high while services dipped to a 5-month low, according to preliminary PMI da...