Economy News

Economy

Eurozone Shows Signs of Recovery as Business Activity Edges Up in April

The Eurozone's private sector showed slight improvement in April with the composite PMI at 50.4, despite a minor drop from March. Services PMI also decreased slightly to 50.1, indi...

Economy

April Sees a Surprising Slowdown in German Business Activity: What's Behind the Drop?

The German services sector experienced a contraction in April, with the Services PMI Business Activity Index dropping to 49.0 from 50.9 in March, signaling potential challenges ahe...

Economy

EU Proposes Groundbreaking Zero-Tariff Agreement with US to Strengthen Industrial Trade Ties

The EU has proposed a "zero-for-zero" tariff agreement with the US to eliminate duties on industrial goods, aiming to strengthen supply chains and mitigate trade tensions. This mov...

Economy

Switzerland's Unemployment Rate Holds Steady at 2.8% in April, Youth Unemployment Sees Slight Decline

In April, Switzerland's unemployment rate remained steady at 2.8%, with a slight decrease in youth unemployment. However, the number of unemployed individuals rose by 1.4% from Mar...

Economy

France's Industrial Sector Shows Resilience with a 0.2% Increase in March Production

French industrial production saw a 0.2% increase in March, driven by strong performances in transport equipment and automotive sectors, despite declines in capital goods and energy...

Economy

Spain's Unemployment Rate Drops Significantly: A 2.61% Decrease in April Signals Economic Recovery

Spain's unemployment rate saw a significant 2.61% decrease in April, with 67,420 fewer unemployed, marking the lowest since May 2022. All sectors experienced declines, led by agric...

Economy

France's Industrial Sector Shows Resilience with a 0.2% Production Increase in March

French industrial production saw a 0.2% increase in March, driven by transport equipment and automotive sectors, despite declines in capital goods and energy production.

Economy

Spain Sees Significant Drop in Unemployment Rates: A 2.61% Decrease in April

Spain's unemployment rate saw a notable decrease of 2.61% in April, with 67,420 fewer unemployed individuals, bringing the total to 2,512,718, as reported by the Spanish Ministry o...